Sectors

Affinity seals $123m dairy JV with Chinese SOE

Affinity Equity Partners has invested $123 million in a dairy farming joint venture with a Chinese state-owned enterprise (SOE). It represents the 12th and final commitment from the GP’s third pan-Asian fund and comes as Fund IV is said be nearing a...

Bamboo Finance sees 2x return on Mongolia XacBank exit

Emerging markets-focused private equity firm Bamboo Finance has exited its stake in TenGer Financial Group (TFG), the holding company of Mongolia's XacBank, to Japan's Orix Corp. Financial details of the transaction were not disclosed, but it is said...

Fosun VC, ChinaRock back Shijiebang Series A round

Fosun Venture Capital Investment, Fosun Group’s VC arm, and US-based ChinaRock Capital Management have invested in a Series A round of financing for online travel site Shijiebang. Angel investor Jerry Yang, co-founder and former CEO of Yahoo, also participated...

Q&A: Intel Capital's Arvind Sodhani

Arvind Sodhani, president of Intel Capital, explains his passion for wearable technology, why cleantech is now a turn-off, and how the group’s investment strategy tracks trends in innovation

J-Star makes sweet exit from Tokachi

Gifts are a big part of Japanese tradition. Whether you are making an introduction, expressing thanks or simply marking a change in the seasons, an exchange of gifts is usually required. A large section of the country’s consumer sector relies on providing...

Affinity bets again on the protein theory

Having bought New Zealand poulty producer Tegel Foods and Australian deli meats specialist Primo Smallgoods, Affinity Equity Partners’ third pan-regional fund is already heavily invested in the Asian “protein theory.” Both companies are looking...

Chinese game developer Boyaa plans $133m HK IPO

Boyaa Interactive, a Chinese developer of online board and card games backed by Sequoia Capital, intends to raise as much as HK1.03 billion ($133 million) through an IPO in Hong Kong. It is the third game developer to pursue a listing in the city this...

KKR considers bid for Australia's Regis Aged Care - report

KKR is said to be interested in buying Macquarie Group’s take in Regis Aged Care, one of Australia's largest private senior care home operators. There is significant private equity interest in the aged care space, which is seen as ripe for consolidation.

PEP-backed Veda Advantage targets IPO

Pacific Equity Partners (PEP) is hoping to raise as much as A$340 million ($326 million) through a sale of new shares as it looks to launch the Australian IPO of credit-checking firm Veda Advantage this December.

Peepul Capital leads $30m Series E round for Komli Media

Digital advertising technology platform Komli Media has raised $30 million from new investor Peepul Capital. Existing investors Norwest Venture Partners, Nexus Venture Partners, Helion Venture Partners and Draper Fisher Jurvetson also participated in...

Startive Ventures-backed Freelancer targets small-cap IPO

Online jobs marketplace Freelancer.com has filed for its initial public offering on the Australian Securities Exchange with a view to raising A$15 million ($14.43 million). Startive Ventures owns 42% of Freelancer, chief executive Matt Barrie has 50%...

Malaysian financial comparison start-up gets $2m

Jungle Ventures has led a $2 million round of Series A funding for iMoney, a Malaysia-based financial comparison start-up. Other investors include IMJ Fenox, Fenox Venture Capital, Redbright Partners, 500 Startups and Vogel Ventures, as well as German...