Consumer
GGV leads $15m round for Southeast Asia taxi-booking app
GGV Capital has led a Series B round of funding worth more than $15 million for GrabTaxi, a Southeast Asia-focused taxi-booking mobile phone app.
Sequoia leads $100m round for Korean e-commerce platform
South Korean e-commerce platform Coupang has raised a $100 million round of funding led by Sequoia Capital that is said to value the company at more than $1 billion.
PE-backed Café Coffee Day eyes $1b India IPO - report
Café Coffee Day - the Indian café chain backed by KKR, Standard Chartered Private Equity (SCPE)and New Silk Route Advisors (NSR) - is said to be considering an IPO next year.
PEP exits Australia's Peters Ice Cream to UK's R&R
Pacific Equity Partners (PEP) has exited Australia's Peters Ice Cream to PE-backed UK ice cream company R&R.
Apax benefits from Bright Food’s ambition
Apax Partners' 6x return on its investment in Israel-based Tnuva Food Industries has been hard earned.
Yunfeng raises more than $1b for China fund
Yunfeng Capital, a Chinese PE firm set up by Jack Ma and David Yu, founders of Alibaba Group and Target Media, respectively, has reached a final close of around $1.1 billion on its second fund.
DST leads $210m round for India's Flipkart
Indian e-commerce giant Flipkart has raised a $210 million round of funding led by Russian investor DST Global.
Taiwan's CDIB, Govtor Capital launch $320m PE fund
Taiwan’s CDIB Private Equity has teamed up with China’s state-owned Govtor Capital to create a RMB2 billion ($320 million) private equity fund.
VCs invest $1.3m in Japan mobile rewards platform
Gree Ventures, CyberAgent Ventures and Incubate Fund have together invested $1.3 million in Yoyo, the start-up behind mobile rewards platform Candy.
Unitus backs India mobile e-commerce site Jiffstore
Unitus Seed Fund has invested in Jiffstore, an Indian mobile e-commerce company. Financial details of the deal were not disclosed.
ICICI Venture-backed India theme park operator files for IPO
Adlabs Entertainment, the ICICI Venture-backed firm behind theme park Adlabs Imagica, wants to raise more than INR4 billion ($68 million) through an India IPO.
PE-backed China Auto Rental files for Hong Kong IPO
China Auto Rental, a car hire firm backed by Warburg Pincus, has revived IPO plans that were shelved in mid-2012, although it is now aiming to go public on the Hong Kong Stock Exchange rather than NASDAQ.
Everstone to buy Indonesia Domino's Pizza franchise
Everstone Capital, an India- and Southeast Asia-focused PE firm, has agreed to buy a majority stake in the Indonesia franchise for Domino’s Pizza from domestic retailer Mitra Adiperkasa (MAP).
India's Snapdeal raises $100m in new funding
Temasek Holdings, BlackRock, Premji Invest and Hong Kong-based investors Myriad Asset Management and Tybourne Capital Management have together invested $100 million in Jasper Infotech, the Indian e-commerce company behind Snapdeal.
Apax sells Israeli food company to China's Bright Food
Apax Partners has agreed to sell a 56% stake in Israel-based Tnuva Food Industries to Bright Food Group as the Chinese company continues to expand its business overseas.
Matrix India backs Chumbak Design
Matrix Partners India has made an investment in Chumbak Design, a Bangalore-based design-led consumer products company that makes tech accessories, bags and wallets and souvenirs.
Australia’s Treasury Wine Estates rejects KKR buyout offer
Australia's Treasury Wine Estates (TWE) – owner of brands such as Penfolds, Rosemount Estate and Wolf Blass – has rejected a A$3.05 billion ($2.85 billion) buyout offer from KKR, saying it doesn’t reflect the full value of the company.
Japan's Next Capital exits massage chair maker to Asahi
Next Capital has agreed to exit its stake in Fuji Medical Instruments (Fujiiryoki), a Japanese manufacturer of massage chairs and other health-related products, to Asahi Holdings for JPY7.8 billion ($76.7 million).
VC-backed Jumei gains 10% on trading debut after $245m IPO
Jumei International Holding, a Chinese online beauty products retailer backed by several VC investors, saw its stock jump nearly 10% on its US trading debut on Friday, following a $245.1 million IPO.
Fenox, Mizuho lead $10m round for Japan e-scooter maker
Fenox Ventures and Mizuho Capital have led a $10 million round of investment in Terra Motors Corp, a Japanese manufacturer of two and three-wheeler electric vehicles.
FidelisWorld backs India's Smaaash Entertainment
Sport, media and entertainment-focused GP Fidelis World Asset Management has invested in India's Smaaash Entertainment, a sports-centric digital entertainment complex.
KV Asia in Singapore aged care buyout
One in every three people in Singapore will be aged 65-plus by 2050, based on current birth rates and without an influx of youthful migrants. The country’s median age will rise to 55, up from the current level of 39. Just over the next seven years,...
Wearable technology: Heart on your sleeve
Wearables promise to be the next disruptive technology, redefining our daily lives. Are venture capitalists right to be excited and are they getting excited about the right things?
PE investors set for partial exits from China's JD.com
Tiger Global Management, DST Advisors, Hillhouse Capital Management and Capital Today will make partial exits from JD.com as the Chinese e-commerce firm seeks to raise as much as $1.69 billion through a US IPO.