Gobi Partners and SPIL Ventures – the corporate venture capital arm of shipping business Salam Pacific Indonesia Lines – have led a USD 70m Series C round for Southeast Asia-focused logistics marketplace Deliveree.
Gogox, a last-mile logistics company formed through the merger of Hong Kong's GoGoVan and an affiliate of mainland China-based 58.com, fell 22% on its Hong Kong trading debut following a HKD 771.4 (USD 98.3m) IPO.
Australia-based workforce training platform Go1 has raised a USD 100m growth round featuring AirTree Ventures and SoftBank Vision Fund 2 at a valuation of USD 2bn.
India-based B2C messaging services provider Gupshup has acquired OneDirect, a local customer service platform that previously received several rounds of funding from Sequoia Capital India.
The appeal of the boutique brand ensures that fashion will always be a fragmented space. As e-commerce splinters the industry even further, India’s Fashinza aims to tie it all together
Indonesia’s MDI Ventures has led a USD 27m Series B round for Singapore-based mClinica, now rebranded as SwipeRx, an app that connects 45,000 pharmacies across Southeast Asia.
Prosus Ventures and WestBridge Capital have led a USD 100m Series B round for India’s Fashinza, a B2B marketplace and supply chain platform for the fashion industry.
CVC Capital Partners has abandoned its proposed acquisition of Australia-based container supplier Brambles, citing market volatility.
Singapore’s Supabase, a software-as-a-service (SaaS) and IT provider for app developers, has confirmed a USD 80m Series B round led by Felicis Ventures.
Nexus Point Capital, which makes middle-market control investments in Greater China, has acquired a majority stake in Hong Kong-headquartered freight forwarding business Honour Lane Shipping (HLS).
Tiger Global Management, Tidal Ventures, and SecondQuarter Ventures have led an AUD 65m (USD 46m) Series B extension for Australia-based logistics software provider Shippit.
Gogox, a last-mile logistics company formed through the merger of Hong Kong's GoGoVan and an affiliate of mainland China-based 58.com, has filed to list in Hong Kong
KKR has launched a tender offer for Hitachi Transport Systems at a valuation of approximately JPY 749.5bn (USD 5.8bn) after agreeing to acquire parent company Hitachi’s controlling stake in the business.
Morgan Stanley Private Equity Asia (MSPEA) as agreed to buy Northstar Group’s majority stake in APAC Realty, a Singapore-listed real estate services company in Asia, for SGD 129.5m (USD 94.2m).
Hitachi has confirmed it may divest its logistics unit, Hitachi Transport System, following a report that KKR was poised to buy the asset for more than JPY 600bn (USD 4.69bn).
Affinity Equity Partners is redefining the B2B outsourcing industry by helping Korea’s ServeOne, escape the gravity of its chaebol parent to access new markets and business lines
ShawKwei & Partners has acquired Australia’s Rauxel, a beauty and healthcare industry supplier, for an undisclosed sum. It will be merged with existing portfolio company Icons Beauty Group.
Having offered a blueprint for pest control consolidation globally in Anticimex, EQT wants to repeat the trick in China with Guardian Hygiene Service. It meant a 3.3x return for previous owner Jade Invest
Quadrant Private Equity has sold Australian IT enterprise services business Arq Group to NCS Group, a SingTel Group-owned IT and communications engineering player, for AUD 290m (USD 217m).
EQT Private Equity Asia has acquired majority stake in Guardian Hygiene Service, China’s largest domestic pest control company, for an undisclosed sum. It facilitates a full exit for Jade Invest.
Bazaar, a B2B logistics and financial services start-up, is putting Pakistan on the map for brand-name global VC investors for the first time. One of its key local backers, Zayn Capital, is doing the same
Amagi, an India-based broadcasting industry technology provider that claims an audience of more than 2bn people, has raised a USD 95m round led by Accel Partners at a valuation of at least USD 1bn.
Livingbridge has secured AUD 280m (USD 206m) in sustainability-linked credit facilities from Ares Management to support its acquisition of Australia-based waste management services provider Waste Services Group (WSG).
Pakistani B2B e-commerce and financial technology platform Bazaar has raised a USD 70m Series B round led by Dragoneer Investment Group and Tiger Global Management.