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Navegar backs Series B for Australia's Cloudstaff
Manila-based GP Navegar has joined a $20 million Series B round for Cloudstaff, an Australian staff outsourcing services player with core operations in the Philippines.
CLSA acquires Japan IT services provider
CLSA Capital Partners (CLSA CP) has acquired a majority stake in Japanese IT services provider Earth Technology for an undisclosed sum.
Go-Jek completes acquisition of VC-backed Moka
Indonesia’s Go-Jek has completed its acquisition of Moka, a local financial technology provider with several VC backers, in a deal estimated to be worth $130 million.
Capricorn acquires Hong Kong corporate services player
UK-based family office Capricorn Capital has made its second investment in Asia with the 100% acquisition of Hong Kong corporate services provider Ethos for an undisclosed sum.
Vietnam e-commerce enabler OnPoint raises $8m
OnPoint, a Vietnam-based start-up that provides corporate clients with e-commerce support services, has raised an $8 million Series A round backed by Korea’s Kiwoom Investment.
Deal focus: Huilianyi’s digitization drive
China Renaissance backed Huilianyi's $42 million extended Series C round with a view to capitalizing on widespread corporate adoption of electronic invoicing
GIC backs $1b Japan data center rollout
Singapore’s GIC Private and cloud services provider Equinix have agreed to jointly invest $1 billion in data centers in Japan.
Lightspeed leads $20m round for India conversational AI platform
Lightspeed Venture Partners and Lightspeed India Partners have led a $20 million Series B round for Indian conversational artificial intelligence (AI) provider Yellow Messenger.
VIG makes second Korea funeral services acquisition
Korea’s VIG Partners has made the second investment from its fourth fund – which closed at $810 million in January – with an agreement to acquire Preedlife, the country’s leading funeral services provider.
Hong Kong online banking start-up Neat raises $11m
Neat, a Hong Kong-based financial services start-up targeting digital entrepreneurs, has raised an $11 million Series A round with support from Visa.
TDM leads $35m round for Australia’s SafetyCulture
Australia’s TDM Growth Partners has led a A$60 million ($35 million) Series C round for SafetyCulture, a locally-based software provider for safety compliance inspectors.
Deal focus: TVS SCS targets supply chain upgrade
Gateway Partners is backing India's TVS Supply Chain Solutions to become more than just a traditional domestic logistics player
Portfolio: Capital Square Partners and Aegis/StarTek
Capital Square Partners’ acquisition of Indian business processing outsourcing (BPO) player Aegis ultimately helped two different companies find global relevance after a turbulent and disruptive decade
Australia’s Carnegie exits Assetic in PE-backed bolt-on
Australian VC investor MH Carnegie has exited asset management software specialist Assetic to Dude Solutions, a similar private equity-owned company in the US.
Korea cybersecurity player raises $8m Series B
SecuLetter, a Korean cybersecurity technology provider, has raised a $8 million Series B round that included Saudi Arabian VC firm Riyadh Valley Company.
Japan Post Capital joins $26m round for Singapore’s AnyMind
Japan Post Capital and Sparx Group have provided $26.4 million in funding to AnyMind, a Singapore-based marketing technology start-up focused on entertainment.
US GP joins Series C for India’s Stanza Living
US-based Equity International has joined a Series C round of undisclosed size for India’s Stanza Living, a technology-enabled hospitality and student housing services provider.
Anacacia invests Australian workforce services player
Anacacia Capital has confirmed a “significant” investment in Australian workforce services provider Sureway Employment & Training.
Vertex leads $10m round for Indian data services firm
Hasura, a software-as-a-service firm that helps companies improve the data delivery process, has raised $9.9 million in a Series A round led by Vertex Ventures.
Australia's Anchorage secures cold chain logistics carve-out
Anchorage Capital Partners has agreed a A$100 million ($66 million) carve-out of the refrigerated logistics division of Automotive Holdings Group (AHG), an Australia and New Zealand-based car dealership business.
Australia technology: Taking care of business
Investors are quietly leveraging subtle advantages in the Australian enterprise software space to create global leaders. The market will not remain an overlooked goldmine for long
Globis backs two Japan marketing services companies
Japan’s Globis Capital Partners has invested in two marketing services providers in separate transactions, including web conferencing player BellFace and data-focused Flywheel.
China logistics player Yimidida raises $140m
Yimidida, a Chinese logistics platform has raised RMB1 billion ($140 million) in an extended tranche of Series D funding. The round took place in parallel with the firm’s acquisition of Shanghai-based UC Express.
EQT-backed Nexon announces trio of Australia bolt-ons
Nexon Asia Pacific, an Australian enterprise IT services provider controlled by EQT Partners, has acquired three local IT businesses.