Sectors
China health data start-up secures $2m angel round
China health data mobile app provider 37 Health has secured a RMB10 million ($2 million) seed funding round led by Broadhi Capital.
PEP, Unitas file counter claim over Independent Liquor sale
Pacific Equity Partners (PEP) and Unitas Capital have filed a cross claim against two senior Asahi executives in Australasia regarding their involvement in the Japanese company’s purchase of Independent Liquor from the private equity firms in 2011.
Mitsui leads $60m round for NZ cleantech play LanzaTech
Japan's Mitsui & Co has led a $60 million Series D round for New Zealand-based low-carbon fuels producer LanzaTech.
CHAMP PE gets GE financing for Accolade Wines expansion
CHAMP Private Equity has secured $300 million in cross-border financing from GE Capital International for Accolade Wines, the firm behind mass-market brands such as Hardys and Banrock Station.
NewQuest, GIC set for partial exits from China's iKang
NewQuest Capital Partners and GIC Private will each make partial exits from iKang Healthcare Group as the Chinese healthcare services provider looks to raise up to $175 million through a NASDAQ IPO.
Nexus, Avalon re-up in big data platform Indix
Nexus Venture Partners and Avalon Ventures have re-upped their investment in India-based big data firm Indix Corporation via a $8.5 million Series A-1 round of funding.
Sequoia-backed Baioo Family launches HK IPO
Baioo Family Interactive, a children's online game developer backed by Sequoia, has launched its Hong Kong IPO, seeking to raise between $200 million and $250 million.
Tsinghua, CDIB buy control of PE-backed lighting manufacturer
A consortium of investors including Tsinghua Tongfang, a Shanghai-listed technology manufacturer owned by China Tsinghua University, and CDIB Capital has acquired a 52.28% stake in LED lighting manufacturer Neo-Neon Holdings for HK$900 million ($116 million)....
Baring Asia-backed Nord Anglia raises $304m, jumps on debut
Nord Anglia Education, a school operator controlled by Baring Private Equity Asia, saw its shares close up 12.5% on the first day of trading on the New York Stock Exchange. This followed an IPO that raised $304 million.
Profile: Intel Capital's Richard Hsu
Richard Hsu, managing director at Intel Capital, has spent 14 years as a VC investor, mostly in China. For all the change he has witnessed in entrepreneurs and ideas, some market features remain steadfastly the same
China's FunPlus pursues global ambition
Venture Capitalists have bet big on China's gaming industry. According to AVCJ Research, investment reached a record high of $1.6 billion last year, a massive jump on the $127 million committed in 2012. Barely three months into 2014 and gaming deals have...
L Capital looks to take Dr. Wu beyond Taiwan
While Taiwan's skincare and cosmetics brands are much more developed than their Chinese counterparts, upward potential is limited. L Capital Asia, a PE firm backed by luxury goods conglomerate LVMH, therefore needed a different investment thesis.
India start-up targets tea change
Building a business around tea was a logical move for Kaushal Dugar when he left his job as a corporate finance analyst in Singapore to become an entrepreneur back home in India. It has been part of the family business for 80 years. But tea plus e-commerce...
Zoyi secures first China-Taiwan deal
Of the cluster of China control deals to emerge in the last few years, a small but significant number can be traced back to Taiwan. These are often family-owned mid-size businesses that were early entrants into mainland China, searching for lower-cost...
PE and elections: A vote of confidence?
Investors often cite elections as impediments to deal flow, as applications are delayed or applications held over until votes are counted. With Indonesia and India preparing for elections, what does it mean for PE?
Valar, SquarePeg lead $20m round for New Zealand's Vend
Vend, a New Zealand-based point-of-sale software provider, has received NZ$25 million ($20 million) in Series B funding. The round was co-led by Valar Ventures, an investment vehicle run by PayPal co-founder and early Facebook investor Peter Thiel, and...
Northstar enters Southeast Asia VC space
The Northstar Group, a Singapore-headquartered private equity firm with significant interests in Indonesia, is expanding its franchise to include venture capital. The VC unit is called Silicon Island, in reference to Singapore’s ambition to become a regional...
Harbin Bank prices $1.1b IPO near bottom of range
China’s Harbin Bank is set to raise $1.1 billion from its Hong Kong IPO after pricing shares at the bottom of the indicative range. CITIC Capital is one of seven cornerstone investors in the offering.
ChrysCapital leads Series B for LiquidHub
India's ChrysCapital has lead a $53 million round of Series B funding for LiquidHub, a US-headquartered digital business consultancy.
ClearVue leads new round for China online fruit store
ClearVue Partners has led a round of funding for Fruitday, a Chinese fresh fruit online store, followed by SIG Asia Investments.
Taiwan fitness site iFit receives angel funding
Cherubic Ventures, an early-stage VC investor, has provided NT$25 million ($818,000) in seed funding for iFit, a Taiwanese online fitness information provider.
EQT confirms acquisition of Australia's I-Med
EQT Partners has confirmed its acquisition of Australian radiology provider I-Med Network Radiology alongside Caisse de dépôt et placement du Québec of Canada and Singapore's GIC Private.
China mobile app platform Wandouja gets Goldman funding
Wandougjia, a Chinese mobile app platform, has received an undisclosed sum in follow-on funding from Goldman Sachs to complete a Series B round of funding that saw new and existing investors commit $120 million in January.
DCM leads $8m round for Chinese property portal
Meiaoju, a Chinese online platform for buyers seeking property overseas, has received a RMB50 million ($8 million) Series A round of funding led by DCM.