Growth capital
Google invests in VC-backed Chinese start-up Mobvoi
Google has agreed to buy a significant minority stake in Mobvoi, a Chinese voice-activated mobile search services provider, as part of a $75 million Series C round of funding.
Formation 8 backs Singapore grocery delivery service
US venture capital firm Formation 8 has led a $15 million Series A round for Singapore-based on-demand grocery delivery start-up Honestbee.
CMC, Merlin Entertainment agree Legoland JV
CMC Capital Partners has agreed to form a joint venture with London-based Merlin Entertainments Group to develop a Legoland park in Shanghai.
India delivery start-up Opinio gets $7m Series A round
Opinio, a hyperlocal delivery start-up based in India, has raised $7 million in a Series A round led by Indian logistics firm Delhivery. Sands Capital Ventures and existing investor Accel Partners also participated.
Deal focus: KKR eyes O2O home services expansion
KKR joins Alibaba Group and Ping An Group in backing 58 Daojia, an online-to-offline local services platform that is tipped to match Didi Kuaidi and Dianping-Meituan for size
Tiger, Flipkart lead $7.7m round for India's Cube26
Tiger Global and Flipkart have led a INR500 million ($7.7 million) seed round for Cube26, an India-based developer of gesture control technology for smart phones.
Matrix leads $5m Series A for Hong Kong's Klook
Matrix Partners has led a $5 million Series A round of funding for Klook, a Hong Kong-based online travel start-up.
China's Wuxi Healthcare VC joins round for US genetics start-up
Wuxi Healthcare Venture, a corporate venture fund owned by China-based Wuxi Pharmatech, has participated in a $115 million Series E round of funding for 23andMe, a Silicon Valley-based genetics-testing company.
Hera Capital exits China's ActSocial to Linkfluence
Singapore-based private equity investor Hera Capital has agreed to sell its entire stake in Shanghai and Singapore-based social media analytics firm ActSocial to Linkfluence, a European company with a similar remit.
China outbound travel site Qulv.com raises $20m
Qulv.com, a Chinese outbound travel-focused platform, has raised a $20 million Series A round of funding from domestic GP Yuantai Changqing Fund.
Cassia leads $5.5m Series A round for Vietnam's KAfé Group
Cassia Investments has led a $5.5 million Series A round for KAfé Group, a Vietnamese café chain operator, with participation by existing investor New Asia Partners (NAP).
Monk's Hill commits $5m to Hong Kong-based Playlab
Hong Kong-based mobile game studio Playlab has raised $5 million in Series B funding from Monk's Hill Ventures.
Malaysia's Hermo raises $2m Series A led by Gobi
Shanghai-based VC firm Gobi Partners has led a $2 million Series A round of funding for Hermo, a Malaysian cross-border cosmetics e-commerce platform.
Sailing, Yunfeng lead $158m round for China’s Rong360
Sailing Capital and Yunfeng Capital have jointly led a RMB1 billion ($158 million) Series D round of funding for Rong360, a Chinese online search platform for loan products.
IFC to invest $25m in India's BigBasket
The International Finance Corporation (IFC), the investment arm of the World Bank, will commit $25 million to Indian online grocer BigBasket.
Nippon Life to raise stake in India's Reliance Capital
Japanese life insurance firm Nippon Life will pay INR12 billion ($184 million) to increase its stake in Indian asset manager Reliance Capital Asset Management (RCAM).
SoftBank backs US-based Cybereason, supports Japan expansion
SoftBank Corp. has led a $59 million Series C round of funding for US-based Cybereason and will help the company distribute its cyber-security platform in the Japanese market.
KKR, Alibaba, Ping An commit $300m to 58.com's O2O unit
KKR, Alibaba Group and Ping An Group have agreed to provide $300 million in Series A funding to 58 Daojia, the online-to-offline (O2O) local services platform of US-listed Chinese classifieds site 58.com.
AngelList raises $400m from China’s CSC Group
Start-up funding platform AngelList has raised a $400 million early-stage focused fund from CSC Venture Capital, the US arm of private equity firm China Science & Merchants Investment Management Group, also known as CSC Group.
NLVC leads round for China-based English learning platform
Northern Light Venture Capital (NLVC) has led a $20 million Series B round of funding for VIPKID, a China-based English-language learning platform that targets primary and secondary school students.
3Q analysis: Digital dreamers
Early- and growth-stage technology deals dominate the China investment charts; middle market fundraising enjoys a rebound; private equity investors turn to trade sales as the public markets flounder
CMC Capital Partners to raise $1b China media fund
China’s CMC Capital Partners, a private equity firm set up by Ruigang Li, formerly president of Shanghai Media Group (SMG), is looking to raise $1 billion for a media-focused fund.
IDG leads $15m round for China healthcare start-up
IDG Capital Partners has led a $15 million Series A round for Zhangshang Tangyi, a Chinese start-up that is developing a health data tracking device and mobile app for people with diabetes.
Aion invests $90m in India's Varun Beverages
Aion Capital has invested INR6 billion ($90 million) in India's Varun Beverages (VBL), a major drinks manufacturer and bottler for PepsiCo in South Asia.