Japan’s massive mid-sized business sector is still trading in its fax machines for the cloud, sometimes willingly, sometimes begrudgingly. PE’s help is most needed in terms of mindset
Lightspeed Venture Partners has joined a $125 million Series B round for India-based virtual events platform Hubilo.
Singapore’s Temasek Holdings has led a $550 million Series C round for US cybersecurity provider Orca Security that will support an Asia expansion.
Indian social e-commerce start-up Meesho has raised a $570 million Series F round, doubling its valuation in less than five months to $4.9 billion.
Addition, a private equity firm established by Lee Fixel, who was previously involved in many of Tiger Global Management’s early India deals, has invested $125 million in local e-commerce logistics provider Delhivery.
Singapore-based last-mile delivery start-up Ninja Van has raised a $578 million Series E round featuring Alibaba Group.
Australian private equity firm Liverpool Partners has acquired a majority stake in Seven Miles Coffee Roasters, a branded coffee supplier to the local cafe segment.
Freshworks, one of India's leading software-as-a-service (SaaS) businesses, traded strongly on its NASDAQ debut following a $1 billion IPO.
COVID-19 crippled demand for restaurant service robots, so China’s Keenon Robotics pivoted towards hospitals. It has $200 million in Series D funding to target new application scenarios
Indonesian digital payments infrastructure provider Xendit has raised a $150 million Series C round led by Tiger Global Management at a valuation of around $1 billion.
Freshworks, which earlier this year lost its status as India’s most valuable software-as-a-service (SaaS) start-up, is looking to raise up to $912 million through a US IPO.
Australia-based hotel booking platform SiteMinder has raised a A$100 million ($73 million) pre-IPO round led by BlackRock and AustralianSuper.
Indian blue-collar workforce management platform BetterPlace has raised a $24 million Series C round led by CX Partners and Jungle Ventures.
EQT-owned Nexon Asia Pacific, an Australia-based IT services provider, has acquired local counterpart Veridian Solutions for an undisclosed sum. This is its third bolt-on in as many months.
As a first mover in Bangladesh’s B2B e-commerce space, ShopUp moved quickly into services, logistics, and finance. This inadvertent super app now has $75 million in Series B funding to show for its efforts
Valar Ventures, a firm set up by PayPal co-founder and early Facebook investor Peter Thiel, has led a $75 million Series B round for Bangladeshi B2B platform ShopUp.
Delivery Hero was instructed to offload Yogiyo as a condition of buying Woowa Brothers. Affinity, Permira, and GS Retail made the most of a $685 million opportunity to enter Korea’s food delivery space
Korea’s VIG Partners has sold a 10% stake in funeral services provider Preed Life to Mastern Partners, a local PE platform, for KRW50 billion ($43.2 million).
WestBridge Capital has led a $23 million Series B round for India’s Skit, a voice recognition artificial intelligence (AI) supplier for the call center industry.
Indian e-commerce logistics Delhivery has acquired Spoton Logistics, a private equity-owned express logistics and supply chain business, with a view to strengthening its B2B capabilities.
Tribe Capital and Moore Strategic Ventures have led a $100 million Series C round for Khatabook – an India-based bookkeeping app aimed at small merchants – at a valuation of $600 million.
ChrysCapital and True North Managers have participated in a $150 million investment for a minority stake in Quest Global, an Indian engineering services outsourcing company.
Jafco Asia, a Singapore-based unit of Japanese VC firm Jafco, has led a $12.9 million Series A round for Taiwanese industrial cybersecurity provider TXOne Networks.
Baring Private Equity Asia is poised to add to its enterprise technology portfolio with the acquisition of Straive – a Philippines-based outsourcing business previously known as SPi Global – from Partners Group.