Growth capital
Sequoia, Kalaari commit $10m to India's Grabhouse
Sequoia Capital and Kalaari Capital have committed $10 million in Series B funding to Indian start-up Cryptopy Technologies, the developer of rental property listing platform Grabhouse.
Golden Gate leads $3.3m Series A for Singapore's HipVan
Golden Gate Ventures has led a S$4.7 million ($3.3 million) Series A round for HipVan, a Singapore-based online store for designer furniture.
2015 AVCJ Awards - voting has closed
Voting for the 2015 AVCJ Private Equity & Venture Capital Awards has closed. Many thanks for your participation.
Indonesia's Falcon House targets $300m for Fund II
Indonesian GP Falcon House Partners is targeting $300 million for its second fund and the International Finance Corporation (IFC) may once again come on board as an LP.
India’s Lighthouse reaches $138m final close on Fund II
Lighthouse Funds has reached a final close on its second Indian mid-market focused fund at $138 million, well above the $125 million target.
Australian design platform Canva raises $15m in Series A
Canva, an Australian online design platform, has raised $15 million in a Series A round of funding led by Felicis Ventures alongside existing investors Blackbird Ventures and Matrix Partners.
Motilal Oswal commits $13.8m to India's Kurlon
Motilal Oswal Private Equity (MOPE) has invested INR900 million ($13.8 million) in Indian mattress maker Kurlon Enterprise.
Convergence, Golden Gate in Series A for Singapore's MoneySmart
Singapore-based personal finance portal MoneySmart has raised S$2.8 million ($2 million) in a Series A round led by Singapore Press Holdings (SPH) Media Fund, with participation by Convergence Ventures, OPT SEA and Golden Gate Ventures.
Q&A: OCBC's Daniel Kwan
The $392 million Lion-OCBC Capital Asia Fund I represents the first time OCBC has tapped third-party investors for a PE vehicle. Daniel Kwan, head of the mezzanine capital unit, explains the investment strategy
Deal focus: H&Q’s reinvigoration factor
H&Q Asia Pacific's Silicon Valley-based innovation hub is intended to help established Asian companies find new avenues of growth in an increasingly challenging commercial landscape
Media-for-equity: Outside the box
Media-for-equity investing has become a well-established niche market in Europe. To take hold in Asia, the model requires the right investors and the right customers
Philippines private equity: Please be patient
Investors are flocking to the Philippines, but PE firms should invest time in building relationships with family-owned businesses and the government must deliver reforms if the country is to fulfil its potential
Peepul Capital commits $15m to Indian online jeweler Voylla
Peepul Capital has committed $15 million to Indian online jewelry and accessory retailer Voylla.
Gaja Capital invests $10m in India's SportzVillage
Gaja Capital has committed INR650 million ($10 million) to Indian fitness education start-up Junior Sports and Services, which manages the SportzVillage brand.
SoftBank leads $1b round for Renren-backed US online lender
Japanese technology giant SoftBank Group has led a $1 billion Series E round of funding for Social Finance (SoFi), a Silicon Valley online lending marketplace also backed by China social networking site Renren.
Spice PE invests in Clearwater's India NBFC
Switzerland-based alternative investment firm Spice Private Equity has committed $10 million to Indian non-banking finance company (NBFC) Altico Capital India.
China bus service start-up gets $31m from VCs
Dada Bus, a mobile-enabled provider of bus services in China, has raised RMB200 million ($31 million) from Northern Light Venture Capital (NLVC) and newly-established VC firm Jingqiao Capital.
Deal focus: CDC backs frontier e-commerce strategy
Daraz gets $55 million to build out its online retail marketplace in Pakistan, Bangladesh and Myanmar
Tiantu leads Series B for China home renovation platform
Consumer-focused GP Tiantu Capital has led a Series B round of funding for Mei Jia Bang, a Chinese start-up that provides online interior design solutions.
China’s Didi Kuaidi invests in Indian peer Ola
China-based ride-hailing app operator Didi Kuaidi has invested an undisclosed sum in Indian counterpart Ola, as part of its latest round of funding.
ADB pledges to double annual climate financing to $6b
The Asian Development Bank (ADB) will double its investment in countering climate change in developing countries to $6 billion by 2020, up from the current $3 billion.
Creation, Everstone lead $15m round for India's SLCM
Everstone Capital and Creation Investments Capital Management have led a INR1 billion ($15 million) round for Indian agricultural logistics firm Sohan Lal Commodity Management (SLCM).
Hillhouse, Goldman lead $394m round for China healthcare portal
Guahao.com, a Chinese healthcare information portal, has completed a Series B round of funding worth $394 million led by Hillhouse Capital and Goldman Sachs.
Northern Light leads $12m Series B round for China's Teambition
Northern Light Venture Capital has led a $12 million Series B round for Chinese collaboration app Teambition, with participation by existing investors IDG Capital Partners, Vangoo Capital and Gobi Partners.