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India's MyGate gets $56m Series B
Tencent Holdings, JS Capital, Tiger Global Management, and Prime Venture Partners have provided a $56 million Series B round to India’s MyGate, a security app for gated communities.
Indonesia advertising tech supplier gets $5.5m
East Ventures and Sinar Mas Digital Ventures (SMDV) have co-led a $5.5 million Series A round for StickEarn, an Indonesian advertising technology supplier.
Anacacia backs Australian industrial consulting business
Anacacia Capital has invested in Root Partnerships, which claims to be one of Australia’s largest independent infrastructure advisory and project management firms.
Bain buys Japanese email business from Cheetah Digital
Bain Capital Private Equity has acquired the Japanese email services business of Cheetah Digital, a US marketing firm backed by San Francisco-based Vector Capital.
New Mountain Capital buys US-India BPO player
US private equity firm New Mountain Capital has agreed to acquire Emids, a US-headquartered business process outsourcing (BPO) provider with extensive operations in India, for an undisclosed sum.
Sequoia leads $15m round for India's Darwinbox
Sequoia Capital India has led a $15 million Series B round for Indian human resources (HR) technology platform Darwinbox.
India SME platform OfBusiness raises $35m Series D
OfBusiness, an Indian smart financing services provider for small to medium-sized enterprises (SME) has received an INR2.5 billion ($35 million) Series D round led by Norwest Venture Partners.
Capricorn Capital acquires Hong Kong accounting firm A-Pass
Capricorn Capital, a UK-based family office, has paid an undisclosed sum for a 67% stake in Hong Kong accounting and corporate services firm A-Pass.
Hong Kong unrest hampers sale of PE-owned work space provider
The private equity owners of The Executive Centre (TEC), an office provider that relies on Hong Kong for 30% of its EBITDA, have suspended a sale process in response to ongoing protests in the territory.
Partners Group finds proxy for China sports boom
From Adidas to Li Ning, sportswear brands are expanding aggressively in China. Recent Partners Group acquisition BCR Group is among the leaders in a $2 billion industry that furnishes new stores
Permira positions Topcast as pan-Asian roll-up play
Permira bought aircraft parts distributor Topcast Aviation Suppliers in expectation of robust business growth as Asian fleets increase in size and age. Further upside could come through consolidation
Sequoia leads $82m Series E for Australia’s Culture Amp
Sequoia Capital China has led an $82 million Series E round for Culture Amp, an Australian enterprise technology provider focused on human resources (HR).
Sodexo Ventures backs China catering platform
Sodexo Ventures, the venture capital arm of French food and facilities management services conglomerate Sodexo, has made its second investment in China, committing an undisclosed amount to technology-enabled catering service Meican.
Deal focus: Longreach secures swift return from Japan's NOC
The Longreach Group exits Nippon Outsourcing Corporation with a 2.7x return after strong domestic interest in Japan's demographics-driven BPO industry led to a shorter-than-expected holding period
Japan's VC-backed Chatwork files for IPO
Chatwork, a Japan-based business chat platform developer, has filed for an IPO in Tokyo that will provide an exit to several of its venture capital backers.
VinaCapital invests in Vietnam logistics tech start-up
The venture capital arm of Vietnam’s VinaCapital has invested an undisclosed sum in local logistics technology start-up An Vui.
GIC to invest in China data centers
Singapore’s GIC Private has agreed to acquire an unspecified number of data centers in China through a partnership with specialist developer GDS Holdings.
Women entrepreneurs: Tales from the coalface
Women remain underrepresented in start-up ecosystems across Asia, but for those who have taken the plunge, there is potential to make a social impact that transcends their respective target markets
BlackRock, CLSA invest $53m in India's GoWork
Indian co-working space provider GoWork has raised a $53 million round of debt financing led by BlackRock’s private credit team, with participation by CLSA Capital Partners’ special situations group.
ChrysCapital joins $30m round for Indian co-working space Awfis
Indian private equity firm ChrysCapital has led a $30 million Series D round for local co-working player Awfis Space Solutions.
Singapore's Carro raises $30m for extended Series B
Singaporean auto marketplace operator Carro has raised $30 million from investors including SoftBank Ventures Asia as part of an extended Series B round.
EQT to buy Australian cloud services provider
EQT has agreed to acquire a controlling stake in Australia-based managed IT services provider Nexon Asia Pacific for an undisclosed amount.
Norwest leads $40m Series C for India's MindTickle
Norwest Venture Partners has led a $40 million Series C round for MindTickle, an online sales enablement platform based in India and the US.
Japan space tech start-up raises $100m
Synspective, a Japan-based satellite developer and orbital data services provider, has raised $100 million in a Series A round with participation from a group including SBI Investment.
