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Deal focus: Xponentia takes delivery of maiden deal
Xponentia Fund Partners, which was established by three former colleagues from CVCI, has teamed up with Samara to acquire Spoton with a view to creating a true national-level player in Indian logistics
Iron Pillar leads $15m Series B for India's Servify
Iron Pillar has led a $15 million Series B round for Servify, an India-based developer of customer experience management solutions for electronic device manufacturers.
CLSA Capital buys Japanese real estate services platform
CLSA Capital Partners (CLSA CP) has acquired House Partner Holdings, a real estate services provider focusing on apartment rental agencies in the Greater Tokyo area.
VinaCapital launches VC arm, agrees three deals
Vietnam’s VinaCapital has launched a $100 million VC unit and confirmed its first two domestic investments. Separately, the private equity firm has committed $25 million to a local hospital operator.
Australia's Simple gets $17m expansion round
Australian marketing platform operator Simple has raised $17 million for global expansion in a round led by local investor BBRC Private Equity. It is the GP’s first investment.
China's Shansong Express raises $60m
Shansong, a Chinese start-up that provides intercity courier services, has raised $60 million in the first tranche of a Series D round. It comes 15 months after the company closed its Series C at $100 million.
Singapore IoT supplier UnaBiz gets $10m
UnaBiz, a Singapore-based technology provider focused on the internet-of-things (IoT), has received a $10 million funding round from a group of investors including Japan’s KDDI Corporation and Global Brain.
US VC leads $15m round for Australia's Flare
US-based VC Point72 Ventures has led a A$21 million ($15.4 million) round for Australian staff management technology provider Flare.
China facilities management: Cleaning up
Private equity investors are turning their attention to China’s outsourced facilities management market, recognizing the opportunities presented by under-penetration and fragmentation
China's PE-backed AsiaInfo files for HK IPO
AsiaInfo Technologies, a Chinese telecommunications software provider backed by a number of private equity firms, has filed for a Hong Kong IPO.
EQT invests in Chinese facilities management business
EQT has acquired a 40% stake in China Shine, a facilities management service provider. The investment comes from the private equity firm’s Asia middle market fund.
Boulevard Capital invests $20m in Singapore's Stratech
Boulevard Capital Partners, a private equity investor focused on infrastructure including telecom towers, has agreed to invest $20 million in Singapore-listed surveillance technology specialist Stratech.
Data infrastructure: Steel and thin air
Wrongly dismissed as a mere communications upgrade, data infrastructure is a new asset sub-class unto itself. A growing field of investors is recognizing the evolving opportunity set
China's PE-backed Weimob applies for HK IPO
Weimob, a Shanghai-based provider of marketing and cloud services to online merchants that is backed by Tencent Holdings and several private equity firms, has filed for an IPO in Hong Kong.
India's Shadowfax raises $22m Series C
Shadowfax, an Indian online-to-offline (O2O) logistics provider focused on hyperlocal delivery, has raised a $22 million Series C round led by Nokia Growth Partners (NGP).
Accel, Sequoia lead $100m round for US, India-based Freshworks
Freshworks, a cloud business software developer based in India and the US, has raised a $100 million funding round led by Accel Partners and Sequoia Capital.
SBI leads $15m Series A for Singapore's AntWorks
SBI Investment has led a $15 million Series A funding round for AntWorks, a Singapore-based supplier of enterprise artificial intelligence (AI) and smart automation products.
VCs invest $20m in China's Ultrain
A group of VCs including CDC Capital, Morningside Ventures, and Draper Dragon have backed a $20 million round for Ultrain that values the Chinese blockchain technology provider at $200 million.
Singapore blockchain-based data marketplace gets $60m
Open Data Exchange (ODX), a Singapore-based decentralized marketplace developer has raised $60 million from a group of investors, including Hong Kong blockchain specialist Kenetic Capital and US-Korea firm Strong Ventures.
Singapore's TradeGecko gets $10m Series B
TradeGecko, a Singapore-based software-as-a-service (SaaS) provider for small to medium-sized enterprises (SME) has received a $10 million Series B round led by local investor TNB Ventures and Australia’s Aura Group.
Blackbird leads $40m round for Australia's Culture Amp
Blackbird Ventures has led a $40 million Series D round for Culture Amp, an Australia-based company focused on analytics technology that helps enterprise customers manage staff morale and performance.
India's OfBusiness gets $29m Series C
OfBusiness, an India-based financial technology company focused on smart financing services has received an INR2 billion ($29 million) Series C funding round led by Creation Investments and Falcon Edge.
Booking.com owner invests $500m in China's Didi
Booking Holdings, which operates a number of online travel businesses including Booking.com, has invested $500 million in Didi Chuxing, a Chinese ride-hailing company with substantial PE and VC backing.
Hong Kong's GoGoVan raises $250m
Hong Kong-based last-mile logistics company GoGoVan has raised $250 million from a group of investors led by China’s InnoVision Capital.