Sectors
DSG Consumer Partners backs Tierra Food India
Singapore-based DSG Consumer Partners has invested an undisclosed sum for a minority stake in Tierra Food India.
IDG leads Series A for China online finance site Tongbanjie
Tongbanjie, a Chinese online finance mobile app, has receive more than $10 million in a Series A round of funding led by IDG Capital Partners.
L Capital sees 2XU as a good fit
A recognized investor in fine foods, jewelry and ladies fashion, L Capital’s decision to back 2XU – an Australian manufacturer of compression sportswear – may seem a slight departure. In fact it could not have been a more perfect fit.
CITIC rides China's LNG wave
Two weeks ago China National Offshore Oil Corp. received the first cargo of liquefied natural gas (LNG) at the Tianjin floating storage regasification unit. The company now has the capacity to handle 24.4 million metric tons of LNG per year at six offshore...
SE Asia online retailer Lazada gets $250m in funding from Tesco, others
Rocket Internet’s Southeast Asian online shopping mall, Lazada, has raised a $250 million round of funding from Tesco, Access Industries, and return backers Investment AB Kinnevik and Verlinvest.
Blackstone buys 49% stake in China Franshion unit
The Blackstone Group has bought a 49% stake in Enhanced Experience, a wholly-owned subsidiary of Hong Kong-listed Franshion Properties, for $128 million.
Invus Group buys stake in India's Capital Foods
Invus Group and Artal have bought a 43.5% stake in Indian processed foods company Capital Food for INR1.8 billion ($29.5 million) from Future Consumer Enterprises (FCEL), formerly known as Future Ventures.
PE-backed Alibaba, Haier to launch logistics JV
PE-backed Alibaba Group will invest a total of HK$2.8 billion ($360 million) in Haier Electronics Group, a Hong Kong-listed subsidiary of Chinese home appliance maker Haier Group, to expand its logistics and distribution network. Haier Electronics is...
Australian taxi app Ingogo gets new funding, eyes listing
Ingogo, the Australian start-up behind the mobile taxi-booking app of the same name, has raised a A$3.4 million ($3.1 million) from a group of PE investors ahead of a listing on the Australian Securities Exchange (ASX) next year.
Legend Capital leads Series A round for VHall
Legend Capital, the VC arm of Legend Holdings, has led a Series A round of funding for Vhall, a Chinese online conference service providers. Three other domestic VC firms also participated.
Matrix Partners India backs TechMed
Matrix Partners India has invested in TechMed, a hospital lab management (HLM) pathology chain, picking up a significant minority stake. The financial details of the transaction were not disclosed.
Japan's VC-backed Oncolys Pharma raises $64m in Tokyo IPO
Oncolys Pharma, a VC-backed developer of drugs targeting cancer and serious infectious diseases, saw its stock open at JPY3,500 per share - a 34.6% premium on the offering price - on its first day of trading in Tokyo. This followed a JPY6.6 billion ($64.4...
Matrix provides Series A for India traffic information portal
Matrix Partners India has provided a Series A round of funding for real-time traffic and travel information platform Birds Eye Systems. The size of the investment was not disclosed but the capital will be used to expand the company’s coverage from Mumbai,...
Horizon Ventures leads $15.2m Series B for Misfit Wearables
Hong Kong-based Horizon Ventures has led a $15.2 million Series B round for Misfit Wearables, the US start-up behind the physical activity monitor Shine. Existing investors – which include Founders Fund, Khosla Ventures, Norwest Venture Partners, OATV,...
Sequoia-backed Citrus Payment raises $5.5m in Series B funding
Citrus Payment Solutions has raised a $5.5 million Series B round from Japanese investors econtext Asia, an online payments company, and Beenos. Existing investor Sequoia Capital also participated in the round.
Standard Chartered PE re-ups in Indonesia's Navigat
Standard Chartered Private Equity (SCPE) has invested an additional $25 million in Navigat, an Indonesian company that develops independent power systems for off-grid locations. The equity commitment came in conjunction with a $279 million debt refinancing...
Aion, Apollo to invest $157m into Avantha Holdings – report
Aion Capital Partners and Apollo Global Management are reportedly investing INR9.6 billion ($157 million) in Avantha Holdings, the holding company of the $4 billion conglomerate Avantha Group. Avantha is also in talks to raise $100 million from KKR, an...
Baring Asia adds leverage to Hexaware acquisition
HT Global IT Solutions Holdings, an affiliate of Baring Asia, has pledged its entire stake in Indian business processing outsourcing (BPO) firm Hexaware Technologies with Standard Chartered Bank to help pay for its acquisition.
APN agrees to exit advertising JV to Quadrant
APN News & Media has agreed to exit its interest in advertising business APN Outdoor to joint venture partner Quadrant Private Equity for A$69 million ($66.5 million).
PE-backed China Cinda prices HK IPO at top of range - report
China Cinda Asset Management, a company originally set up to absorb non-performing loans (NPLs) from China’s Big Four state-owned banks, has priced its IPO at the top end of the indicative range and is on course to raise $2.5 billion. It will be Asia’s...
PE-backed Nine raises $577m in Australia IPO
Australia's Nine Entertainment - which was saved from receivership by US hedge fund backers Oaktree Capital Group and Apollo Global Management - has raised A$631 million ($576.45 million) after pricing its IPO at the bottom end of the indicative range....
Jafco Asia leads Series B round for US games developer
Japanese venture capital investor Jafco Asia has led a Series B round of funding for US games developer Playnery. The value of the transaction was not disclosed.
Tokio Marine sells Barneys Japan stake to 7 Eleven parent
Tokio Marine Capital Partners has agreed to sell its 49.9% stake in luxury department store operator Barneys Japan to Seven & i Holdings, the parent of 7 Eleven convenience stores and department store operator Sogo & Seibu, for around JPY6 billion ($58...
CITIC Capital, Windjammer buy US valve manufacturer
CITIC Capital Partners has teamed up with US-based Windjammer Capital Investors to buy Engineered Controls International (ECI), a manufacturer of valves used in the transportation and storage of liquefied petroleum gas (LPG) and liquefied natural gas...