Sectors
Qihoo 360 buys VC-backed MediaV
Chinese antivirus software company Qihoo 360 Technology has bought a controlling stake in MediaV, a VC-backed advertising and digital marketing company.
Japan's Gree Ventures reaches $50m first close on tech fund
Gree Ventures - the corporate VC arm of the Japanese mobile gaming firm Gree - has held an initial close on its second fund, AT-I Investment, of JPY5 billion ($50 million).
Fenox, Mizuho lead $10m round for Japan e-scooter maker
Fenox Ventures and Mizuho Capital have led a $10 million round of investment in Terra Motors Corp, a Japanese manufacturer of two and three-wheeler electric vehicles.
Kerogen invests $100m in Kurdistan oil developer
Hong Kong-based energy investor Kerogen Capital has invested $100 million in HKN Holding, which owns HKN Energy, an oil and gas developer with an exclusive focus on Kurdistan.
Ventureast exits India's Bioserve to Cancer Genetics
US biotech firm Cancer Genetics has acquired India's BioServe Biotechnologies for around $1.9 million, paving an exit for early-stage investor Ventureast.
CIMB PE backs Malaysian education provider
CIMB Private Equity has acquired a 33% stake in REAL Education Group, a Malaysia-based private schools operator, for MYR33 million ($10.2 million).
VIDEO: Jessica Archibald of Top Tier Capital Partners
From Facebook’s acquisition of WhatsApp to Google’s purchase of Nest Labs, large US technology companies are increasingly using the ample cash on their balance sheets for M&A. Jessica Archibald, managing director at Top Tier Capital Partners, this trend...
RBI panel backs PE to buy up to 40% of distressed Indian banks
A panel appointed by the Reserve Bank of India (RBI) to review banking industry governance has recommended that private equity firms, including sovereign wealth funds, be allowed to buy up to 40% of distressed lenders.
TPG, Khazanah invest $132m in Philippines housing developer
TPG Capital and Malaysian sovereign wealth fund Khazanah Nasional have together invested PHP5.8 billion ($132 million) in Philippines-based housing developer 8990 Holdings.
Monk's Hill Ventures launches $80m Southeast Asia fund
Monk’s Hill Ventures, a Singapore-based VC firm, has launched a S$100 million ($80 million) fund to support the growth of start-ups in Southeast Asia.
Helion backs India IT mobility solutions provider
Helion Venture Partners has committed a INR250 million ($4.2 million) Series A round of funding to India-based RapidValue IT Services, which specializes in mobile IT solutions.
FidelisWorld backs India's Smaaash Entertainment
Sport, media and entertainment-focused GP Fidelis World Asset Management has invested in India's Smaaash Entertainment, a sports-centric digital entertainment complex.
TA-owned SpeedCast completes another bolt-on
TA Associates-owned SpeedCast has made its third bolt-on acquisition in Australia in 18 months, purchasing a fixed and mobile satellite solutions provider SatComms Australia for an undisclosed sum.
India cabinet clears KKR for Gland Pharma deal
The Indian government has given KKR the go-ahead to acquire stakes in Gland Pharma and its affiliate Gland Celcus Bio Chemicals in a deal said to be worth around $230 million.
DBJ invests $14m in Japan's Diamond Electric
The Development Bank of Japan(DBJ) has invested JPY1.5 billion ($14 million) in Diamond Electric, a Tokyo-listed electronic devices manufacturer, for a 49.5% a stake.
Australia scales back start-up funding schemes
Support for technology start-ups is among the casualties in Australia’s austerity budget, with several programs discontinued, including the Innovation Investment Fund (IIF), which sponsors VC funds.
Portfolio: Standard Chartered and Navigat
Supported by Standard Chartered, Indonesia-based Navigat has evolved from a gas power equipment distributor into a fully-fledged independent power provider, serving geographies that others can’t reach
KV Asia in Singapore aged care buyout
One in every three people in Singapore will be aged 65-plus by 2050, based on current birth rates and without an influx of youthful migrants. The country’s median age will rise to 55, up from the current level of 39. Just over the next seven years, the...
Denham mines Pembroke talent
When Barry Tudor stepped down as CEO of listed mining firm Gloucester Coal in 2012, he left behind quite a legacy. Tudor and his team shepherded the firm through a number of high-profile acquisitions – including that of Australia’s Middlemount Project...
Wearable technology: Heart on your sleeve
Wearables promise to be the next disruptive technology, redefining our daily lives. Are venture capitalists right to be excited and are they getting excited about the right things?
Play the man
Denham Capital's investment in Pembroke Resources appears to follow a standard pattern: Find a management team with a track record of building and selling resources companies; furnish them with start-up capital to accumulate a portfolio of assets; provide...
PE investors set for partial exits from China's JD.com
Tiger Global Management, DST Advisors, Hillhouse Capital Management and Capital Today will make partial exits from JD.com as the Chinese e-commerce firm seeks to raise as much as $1.69 billion through a US IPO.
India's iYogi raises $28m Series E round
Axon Partners Group and Madison India Capital have teamed up with existing investors to provide a $28 million Series E round of funding for iYogi, an India-based technology support services provider.
Chinese digital marketing platform AdSame raises $30m
AdSame, a Shanghai-based digital marketing firm, has secured a $30 million Series C round of funding led by Taiwan-based Pacific Venture Partners and Dream Capital Group.