Growth capital
India's VC-backed Druva raises $130m
Druva, a provider of cloud data protection and management services founded in India, has raised a $130 million investment led by Viking Global Investors.
Quintet invests in Australian radiology business
Australian alternative asset manager Quintet Partners has invested an undisclosed amount in Exact Radiology, a private equity-backed operator of a chain of diagnostic imaging clinics in Queensland.
Sequoia co-leads $75m Series C for India's Razorpay
Sequoia Capital and Ribbit Capital, a Silicon Valley-based VC firm focused on financial technology, have co-led a $75 million Series C round for Indian online payment gateway Razorpay.
Australia's Leap Capital raises $34m venture debt fund
Australian investment firm Leap Capital has raised A$50 million ($34 million) for a venture debt fund that will target established, revenue-generating companies locally.
Fidelity plans Eight Roads demerger
Fidelity International has announced plans to spin-out its proprietary investment arm Eight Roads within the year pending regulatory and shareholder approvals.
Vietnam: Entrepreneurial instincts
Vietnam’s private sector is rich in opportunity and many people have ambitions of building the next Mobile World. But engagement between entrepreneurs and private equity doesn’t always run smooth
Asia Partners raises $70m for SE Asia growth deals - update
Asia Partners, a Singapore-based VC firm co-founded by Nick Nash, the former group president of mobile internet and gaming platform Sea, has raised more than $70 million for its debut fund, which will invest in Southeast Asian technology companies at...
Korea's Crescendo invests $50m in Qxpress
Qxpress, the logistics subsidiary of Southeast Asian e-commerce platform Qoo10, has raised $50 million from Korean private equity firm Crescendo Equity Partners.
Deal focus: NoBroker eases India's property pain points
Beenext re-upped in NoBroker - supporting a Series C round led by General Atlantic - because it believes the company's deep industry knowledge is a differentiator in India's online property brokerage space
GIC, Booking invest $180m in Korea's Yanolja
Singapore’s GIC Private and US-based Booking Holdings have invested $180 million in South Korean hotel operator and booking platform Yanolja, reportedly valuing the company at more than $1 billion.
Sequoia, Coatue lead $70m round for China's Yunquna
Sequoia Capital China and Coatue Management have a led a $70 million Series C round of funding for Yunquna, an online logistics services platform for the shipping industry.
China's pet products industry: Paws for thought
China’s pet products and services industry is benefiting from closer relations between man and beast, but not every market segment will turn out a winner for private equity investors
Singapore's EV Growth closes debut fund at $200m
Singapore-based EV Growth, a joint venture between East Ventures, Indonesia’s Sinar Mas Digital Ventures (SMDV) and Japan’s YJ Capital, has closed its first fund at $200 million.
Food tech: Irresistible recipes
Food technology is a virtually endless horizon of profound and unignorable investment imperatives mistaken as a niche category. Alternative protein is the first opportunity set to gain serious traction
Singapore's VisVires launches $150m food tech fund
VisVires New Protein, a Singapore-based VC firm specializing in food technology, has launched its second fund with a target of $150 million. Fund I closed at $40 million in 2016.
Korea's CJ CheilJedang brings Bain into Schwan's deal
Korean consumer conglomerate CJ CheilJedang Corporation has agreed to sell a 27% stake in CJ Foods America – a vehicle established for the acquisition of US frozen foods provider Schwan’s – to Bain Capital for $320 million.
Creador invests $18m in India's iValue
Creador has acquired a minority stake in iValue InfoSolutions, an India-based provider of cybersecurity services, for INR1.25 billion ($18 million).
Deal focus: Archipelago makes Philippines banking play
Archipelago Capital Partners takes a minority stake in One Network Bank to support its parent's plans to lead the country's rural banking sector
Archipelago completes investment in Philippines bank
Southeast Asia-focused GP Archipelago Capital Partners has completed its investment in One Network Bank (ONB), the rural subsidiary of Philippines-listed financial services provider BDO Unibank.
Impact investment faces tricky path to standardization
Impact investing has reached a “fundamental inflection point” in terms of the availability of investment opportunities and interest from LPs, but the institutionalization process is not straightforward.
Matrix exits India eye care chain
Matrix Partners India has made a full exit from Centre for Sight, operator of a chain of eye clinics in India, to Mahindra Partners after a holding period of nearly 10 years.
Kejora closes growth fund at over $100m
Indonesian venture capital firm Kejora Ventures has closed its latest fund, a growth vehicle that will invest in technology businesses in Southeast Asia, with more than $100 million in commitments.
Deal focus: CDIB finds media consumption proxy
CDIB Capital is backing VHQ China to leverage the growing demand for visual effects in China's domestic movie and TV production industry
Mekong invests in Vietnam pizza chain
Mekong Capital has invested an undisclosed amount in Pizza 4P’s, a Vietnamese farm-to-table pizza restaurant chain.