Sectors
Taiwan's CDIB, Govtor Capital launch $320m PE fund
Taiwan’s CDIB Private Equity has teamed up with China’s state-owned Govtor Capital to create a RMB2 billion ($320 million) private equity fund.
WestBridge leads Series C round for India's Vistaar Finance
WestBridge Capital has led a INR1.6 billion ($27.4 million) Series C round for Indian non-banking financial company (NBFC) Vistaar Finance.
Abraaj invests in Thai education provider
The Abraaj Group has acquired an undisclosed stake in KPN Academy, an out-of-school education service provider in Thailand.
Indosat, SoftBank form $50m Indonesia VC fund
Indonesian mobile telecom operator Indosat and Japanese Softbank have launched a $50 million venture capital fund targeting Indonesian start-ups.
VCs invest $1.3m in Japan mobile rewards platform
Gree Ventures, CyberAgent Ventures and Incubate Fund have together invested $1.3 million in Yoyo, the start-up behind mobile rewards platform Candy.
Unitus backs India mobile e-commerce site Jiffstore
Unitus Seed Fund has invested in Jiffstore, an Indian mobile e-commerce company. Financial details of the deal were not disclosed.
Australia's PEP submits $1b take-private bid for SAI Global
Pacific Equity Partners (PEP) has launched a take-private bid for SAI Global that values the Australian Securities Exchange-listed risk management and standards compliance business at up to A$1.1 billion ($1 billion).
VC-backed Xunlei files for US IPO
Xunlei, a Chinese file-sharing and download management platform backed by a string of VC firms, has revived plans for a US IPO, two-and-a-half years after abandoning a NASDAQ offering due to market volatility.
VC-backed Indian e-commerce giant Flipkart acquires Myntra
VC-backed Indian online shopping company Flipkart has acquired fashion retailer Myntra as competition intensifies in the country's e-commerce market.
China's JD.com jumps 10% on NASDAQ debut
Shares in PE-backed Chinese online retailer JD.com jumped nearly 10% on their first day of trading on NASDAQ following a $1.78 billion IPO.
ICICI Venture-backed India theme park operator files for IPO
Adlabs Entertainment, the ICICI Venture-backed firm behind theme park Adlabs Imagica, wants to raise more than INR4 billion ($68 million) through an India IPO.
China audio platform Ximalaya raises $11.5m
Ximalaya, a Chinese audio sharing platform, has raised $11.5 million in a Series A round of funding from KPCB, SIG China and Sierra Ventures.
Hony, Tencent buy plots in Qianhai land auction
Hony Capital and Chinese internet giant Tencent Holdings have bought land in Shenzhen’s Qianhai special economic zone for RMB2.19 billion ($351 million).
PE-backed China Auto Rental files for Hong Kong IPO
China Auto Rental, a car hire firm backed by Warburg Pincus, has revived IPO plans that were shelved in mid-2012, although it is now aiming to go public on the Hong Kong Stock Exchange rather than NASDAQ.
PEP-owned Spotless raises $919m in Australia IPO
Shares in Pacific Equity Partners-owned cleaning and catering contractor Spotless Group opened at a 9.4% premium to the IPO price on the first day of trading in Sydney following a A$994.6 million ($919 million) offering.
Everstone to buy Indonesia Domino's Pizza franchise
Everstone Capital, an India- and Southeast Asia-focused PE firm, has agreed to buy a majority stake in the Indonesia franchise for Domino’s Pizza from domestic retailer Mitra Adiperkasa (MAP).
Chinese online retailer JD.com in $1.8b IPO
Chinese online retailer JD.com has raised $1.8 billion after its US IPO priced at a higher level than anticipated.
India's Snapdeal raises $100m in new funding
Temasek Holdings, BlackRock, Premji Invest and Hong Kong-based investors Myriad Asset Management and Tybourne Capital Management have together invested $100 million in Jasper Infotech, the Indian e-commerce company behind Snapdeal.
Chinese group-buying site 55Tuan secures $50m
55Tuan, a Chinese group-buying site, has received $50 million in a new round of funding from existing investors, including CDH Investments and Zero2IPO Capital.
China Soft Capital, Yangquan Coal form $480m industry fund
China Soft Capital (CSC) and Yangquan Coal Industry Group have launched an industry buyout fund with a target of RMB3 billion ($480 million).
Globis leads $14m round for Japan app developer
Globis Capital Partners has led a JPY1.4 billion ($13.7 million) round of investment for Japanese mobile app developer Akatsuki.
Apax sells Israeli food company to China's Bright Food
Apax Partners has agreed to sell a 56% stake in Israel-based Tnuva Food Industries to Bright Food Group as the Chinese company continues to expand its business overseas.
Matrix India backs Chumbak Design
Matrix Partners India has made an investment in Chumbak Design, a Bangalore-based design-led consumer products company that makes tech accessories, bags and wallets and souvenirs.
ADIA picks up stake in India's MT Educare
Abu Dhabi Investment Authority (ADIA) has paid INR38.8 million ($662,000) for a 1% stake in education services provider MT Educare.