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.
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 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 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, 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.
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
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.
The venture capital arm of Vietnam’s VinaCapital has invested an undisclosed sum in local logistics technology start-up An Vui.
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 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
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.
Indian private equity firm ChrysCapital has led a $30 million Series D round for local co-working player Awfis Space Solutions.
Singaporean auto marketplace operator Carro has raised $30 million from investors including SoftBank Ventures Asia as part of an extended Series B round.
EQT has agreed to acquire a controlling stake in Australia-based managed IT services provider Nexon Asia Pacific for an undisclosed amount.
Norwest Venture Partners has led a $40 million Series C round for MindTickle, an online sales enablement platform based in India and the US.
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.
Drip Capital, an India-based trade finance provider targeting small and medium-sized enterprises (SMEs) in emerging markets, has raised a $25 million Series B round led by Accel Partners.
Singaporean retail industry technology provider Trax has raised $100 million in Series D funding led by Hopu Investments.
Near, a Singapore-based artificial intelligence (AI) services provider that supports enterprise analytics, has raised $100 million from UK private equity firm Greater Pacific Capital.
Gobi Partners has joined Teleport, the cargo and logistics platform of AirAsia, to commit $10.6 million in Series B funding to Malaysia-based e-commerce logistics and parcel delivery service EasyParcel.
Warburg Pincus and SAIF Partners have led a $65 million Series E commitment to Indian technology-enabled logistics operator Rivigo.
Australia’s OneVentures and AirTree Ventures have joined online jobs marketplace Seek in a A$22 million ($15.3 million) Series C round for local human resources platform Employment Hero.
EV Growth has led a $14.5 million Series A round for Indonesian logistics industry technology provider Waresix.
Ritase, an Indonesian technology provider for the trucking industry, has raised an $8.5 million Series A round led by Golden Gate Ventures.