Growth capital
Tsing Capital targets $300m for China environment fund
Tsing Capital, a Chinese venture capital firm focused on environmental technologies, has launched its fifth flagship fund with a target of $300 million.
Premji Invest commits $109m to India's Aditya Birla Capital
Premji Invest, the family office of Wipro chairman Azim Premji, has invested INR7 billion ($109 million) in Aditya Birla Capital (ABCL), the financial services arm of the Aditya Birla Group.
Gome invests in China VC-backed home renovation play
Gome Holding Group, one of China's largest electrical appliance retailers, has invested RMB216 million ($31 million) in a Series C round of funding for Ikongjian.com, a VC-backed online-to-offline (O2O) interior design platform.
OrbiMed leads $30m round for China's Zai Lab
Zai Lab, a pharmaceutical company that licenses pre-clinical findings in the West for development into drugs in China, has received $30 million in Series C funding led by existing investor OrbiMed.
Warburg Pincus leads $64m round for Singapore's Trax
Warburg Pincus has led a $64 million investment in Trax, a Singapore-based company that has developed visual technology through which retailers can link sales to in-store and on-shelf positioning.
IFC invests $60m in Hong Kong's idsMED
The International Finance Corporation (IFC), the investment arm of the World Bank, has invested $60 million in Hong Kong-based medical supply chain solutions provider IDS Medical Systems Group (idsMED).
Private equity and data centers: Get connected
With demand for outsourced data center services poised to take off in Asia, private equity investors are looking for ways to participate in the growth story
China’s JD.com invests $397m in PE-backed Farfetch
China-based JD.com has invested $397 million in UK-based Farfetch, a PE-backed online luxury fashion retailer, as part of a new strategic partnership to pursue growth in China.
Japan's Softbank invests $100m in Cybereason
SoftBank Corp. has agreed to invest $100 million in a Series D funding round for Cybereason, a US-headquartered cybersecurity platform provider targeting expansion in Japan.
Matrix, Falcon Edge join $31m round for India's Mswipe
Indian mobile point-of-service (POS) developer Mswipe has raised a $31 million funding round led by RNT Capital Advisors, with participation by existing investors Matrix Capital Partners, Falcon Edge Capital and DSG Consumer Partners.
Crescent Point backs Philippines-based LBC Express
Singapore-based private equity and special situations firm Crescent Point has agreed to invest $50 million in Philippines-listed logistics services company LBC Express.
Deal focus: Seven Dreamers makes laundry robot a reality
KKR co-founders Henry Kravis and George Roberts and Fosun International have joined a $22.8 million Series C round for Seven Dreamers, which will use the capital to accelerate production of its Laundroid
EMIA invests Cambodia unit of iCare Benefits
Emerging Markets Investment Advisers (EMIA) has acquired a significant minority stake in the Cambodia division of iCare Benefits, a Singapore-based company that provides employers with worker benefit programs.
IFC set to back Morgan Stanley's $300m Thailand fund
The International Finance Corporation (IFC) is considering an investment of up to $25 million in a Thailand-focused fund launched by Morgan Stanley Private Equity Asia (MSPEA).
Chinese VC-backed co-working space Bigger raises $18m
Bigger, a Beijing-based co-working space operator established by Hong Kong-listed property developer Modern Land, has completed a $18 million Series A round led by an investment unit of real estate company Hongfu Group.
IFC proposes $100m investment in China's Penyao
The International Finance Corporation (IFC), the investment arm of the World Bank, is considering an investment of up to $100 million in Chinese water treatment firm Penyao Environmental Protection.
OPIC to invest $195m in India, Indonesia
The Overseas Private Investment Corporation (OPIC), a development finance institution (DFI) backed by the US government, has approved $195 million for investments in India and Indonesia.
PE-backed car auction player Mychebao receives $74m
Chinese second-hand car online auction platform Mychebao, which is backed by several PE investors including PAG Asia Capital, has raised another RMB500 million ($74 million) in an extended Series C round of funding.
Warburg Pincus to invest $360m in Tata Technologies
Warburg Pincus has agreed to invest $360 million in Tata Technologies, the engineering outsourcing and product development IT services arm of Indian conglomerate Tata Group.
Deal focus: CounterTack locks up funding for security
At a time when websites have never seemed more vulnerable, CounterTack has a software solution that can plug holes in online security systems. It has raised $20 million in Series D funding to support expansion
China cloud computing business Huayun Data raises $220m
Wuxi Huayun Data Technology Service, a Chinese cloud computing infrastructure provider, has raised RMB1.5 billion ($220 million) in a pre-IPO round from a group of domestic investors.
Deal focus: Swiggy aims to deliver on food promise
Swiggy plans to use its $80 million Series E round of funding to challenge the likes of Zomato and Food Panda for market leadership in India's online food delivery industry
Legend leads $18m round for Chinese beauty clinic chain
Legend Capital has led a $18 million funding round for PhiSkin, a China-based chain of beauty clinics backed by H&Q Asia Pacific.
Chinese courier start-up gets $50m Series C-plus
Chinese intercity courier services provider Shansong has secured an extended Series C round of funding led by Shunwei Capital Partners and Chinese retailer Beijing Hualian Group.