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Italian PE unit backs Morrow Sodali's purchase of Australia's GPS
GPS, an Australia-based shareholder services and corporate governance consultancy, has been acquired by global counterpart Morrow Sodali in a deal supported by Italian government-controlled PE investment unit Simest.
Sands Capital leads $70m round for India's BlackBuck
Sands Capital has led a $70 million Series C round of funding for Indian business-to-business (B2B) logistics technology start-up BlackBuck.
VCs invest $75m in US-New Zealand aerospace player
US venture capital firms Data Collective and Promus Ventures have joined a number of existing investors in a $75 million Series D funding round for US and New Zealand-based aerospace company Rocket Lab.
Kubera Partners exits India's Planetcast
New York and Mumbai-based private equity firm Kubera Partners has agreed to sell its 28% stake in India’s Planetcast Media Services through a secondary transaction with an undisclosed PE buyer.
Everstone, Mayfield, others part exit India's SLCM
Everstone Capital, Mayfield Advisors, Nexus Venture Partners and ICICI Bank have part exited their stakes in Indian agricultural logistics and financing firm Sohan Lal Commodity Management (SLCM).
Chinese logistics robot developer Geek+ secures $14m
Chinese logistics and warehousing robotics developer Geek+ has raised a RMB100 million ($14 million) round of funding led by Vertex Ventures China.
CPPIB, CDPQ form Southeast Asia logistics partnership
Canada Pension Plan Investment Board (CPPIB) has teamed up with Caisse de Depot et Placement du Quebec (CDPQ) and Australia-headquartered property company Logos to develop logistics projects in Singapore and Indonesia.
Legend leads $36m round for China truck logistics platform
Legend Capital has led a RMB250 million ($36 million) Series C round for Fuyoukache, a Beijing-based online truck logistics platform.
EDBI, Hewlett Packard back US IT player's Asia push
Singapore's EDBI and the venture arm of Hewlett Packard’s software spin-off HPE have joined a $21.5 million Series C funding round for an Asian expansion drive by US-based IT company Hedvig.
India's Updater Services gets $15m from Motilal Oswal
Motilal Oswal Private Equity (MOPE) has invested INR1 billion ($15 million) in Indian facilities management company Updater Services.
Sequoia leads $10m round for India's Belong
Sequoia Capital India has led a $10 million Series B funding round for Bengaluru-based online recruitment platform provider Belong.
Private equity-backed SF Express lists in Shenzhen
China’s largest express delivery services provider SF Express, which is backed by several PE investors, has completed a backdoor listing in Shenzhen that values the business at RMB43.3 billion ($6.6 billion).
Australia mining: Desert stirrings
A stronger commodity price environment has spurred some opportunistic private equity investment in Australian mining services, but caution remains the mantra in this industry of capricious value drivers
IFC set for $60m investment in SE Asian medical player
The International Finance Corporation (IFC), the investment arm of the World Bank, has proposed a commitment of $60 million to IDS Medical Systems, a Hong Kong-based healthcare industry supplier for Southeast Asia.
Australia aged care: The golden years
Australia’s aged care segment continues to appeal to private equity investors. But GPs must be wary of the challenges posed by the government’s unique stake in the market
China B2B hotel booking site raises $17m
Chinese B2B hotel booking platform Haoqiao.cn has raised RMB120 million ($17 million) in an extended Series B round led by the government-backed National SME Development Fund and China Merchants Capital.
Global Brain backs Japan cybersecurity, driverless car play
Global Brain has led a Series A funding round of undisclosed size for Trillium, a Japanese cybersecurity company focused on the emerging autonomous vehicle industry.
China logistics data firm G7 raises $45m from CDB, GLP
G7, a Chinese manufacturer of smart devices for use in the logistics sector, has raised $45 million from China Development Bank Capital (CDB Capital) and Singapore-listed warehouse operator Global Logistic Properties (GLP).
Vertex leads $7.5m Series A for India's Flutura
Vertex Ventures, the VC arm of Singapore’s Temasek Holdings, has led a $7.5 million investment in Flutura Business Solutions, an Indian data services provider that uses internet-of-things (IoT) technology.
Chinese VC-backed car valuation platform raises $29m
Che300.com, a Chinese VC-backed platform that values used cars, has raised RMB200 million ($29 million) in a Series C round of funding led by state-owned automotive company SAIC Motor.
Investec leads $19.5m round for Singapore image recognition player
Investec Bank has led a $19.5 million funding round for Trax Image Recognition, a Singapore-based company that uses visual technology to support manufacturers and retailers.
China delivery start-up Shansong gets $50m Series C
Shansong, a Chinese start-up that provides intercity courier services, has raised a $50 million Series C round of funding led by SIG Asia Investment and Yi Capital.
Japan's Advantage exits GTA TeleGuam to US investor
Japan-based Advantage Partners has agreed to sell its controlling stake in GTA TeleGuam, the principal telecommunications provider on the US island of Guam, to US-based family office Huntsman Family Investments (HFI).
Thailand's Kuvera leads $3m round for domestic IT start-up
Thai investment firm Kuvera Capital has led a $3 million round of funding for Bangkok-based IT services provider D8.