Growth capital
Tiantu leads $63m round for China fruit store chain
Chinese fruit store chain Pagoda has completed a RMB400 million ($63 million) Series A round of funding, with consumer-focused GP Tiantu Capital contributing RMB350 million.
China delivery app Beequick raises $70m
Beequick, a Chinese online food and drink delivery app, has completed a Series C round worth $70 million from Hillhouse Capital, Eastern Bell Venture Capital, Tiantu Capital and Sequoia Capital.
CDC invests $55m in Asia frontier markets online retailer
CDC Group, the UK development finance institution, has invested EUR50 million ($55 million) in Daraz, an online retailer operating in Pakistan, Bangladesh and Myanmar.
India home healthcare provider gets $37.5m
Accel Partners has led a $37.5 million Series B round for home healthcare start-up Portea Medical, with participation from the International Finance Corporation (IFC), Qualcomm Ventures, and Ventureast.
Hudson commits $100m to Japan, Latin America solar partnership
Hudson Clean Energy Partners has teamed up with independent power producer Sky Solar to develop solar projects in Japan and Latin America. The PE firm will contribute $100 million to the partnership.
CMC in $65m round for US VR tech developer Jaunt
Jaunt, a US-based start-up that develops virtual reality (VR) technology, has received a $65 million Series C round of funding led by Walt Disney, media-focused PE firm China Media Capital (CMC), TPG Growth, Evolution Media Partners and Participant Media.
Portfolio: LanzaTech and its VC network
New Zealand-based LanzaTech decided to monetize its anti-pollution technology by recruiting investors in target geographies. Local regulations remain a challenge, but the company is now beginning to scale
Deal focus: Hao recommits to hospital modernization
Hao Capital to support the continued roll-out of DJ HealthUnion's hospital IT solutions platform in China
The long game: Merchant banking-style PE
Ascendent Capital Partners’ China strategy involves advising companies first and raising the prospect of investment second, perhaps with a sizeable gap in between. Does this signal change in the middle market?
BlaBlaCar raises $200m for emerging markets push
Insight Venture Partners and Lead Edge Capital have led a $200 million Series D round for French ride-sharing start-up BlaBlaCar to fuel its push into emerging markets.
China VCs back US communications start-up
A group of VC investors including Morningside Technologies, SIG, GGV Capital, Shunwei Capital Partners and IDG Capital Partners have invested in a $20 million Series B round of funding for Agora, a US-based communications-as-a-service provider.
IDG, Carlyle re-up in China online real estate portal SouFun
IDG Capital Partners and The Carlyle Group will invest between $400 million and $700 million in US-listed Chinese online real estate portal SouFun Holdings, alongside company management.
Warburg Pincus, Legend re-up in China chauffeur service Ucar
China-based chauffeured car service provider Ucar has raised a further $550 million from Warburg Pincus, Legend Capital and China Auto Rental (CAR). They have now invested a total of $800 million in the company.
China's Didi Kuaidi agrees partnership with US-based Lyft
China-based ride-hailing app operator Didi Kuaidi has invested $100 million in US counterpart Lyft as part of a strategic alliance between that will allow each company to use the other’s services.
Olympus commits $40m to China's Tendcare Medical
Olympus Capital Asia has invested $40 million in Chinese private hospital manager Tian Jian Hua Xia Medical Group Holdings, or Tendcare Medical Group.
FountainVest leads $223m round in China's Fangdd.com
FountainVest Partners has led a $223 million Series C round of funding for Chinese online real estate services platform Fangdd.com.
Hao Capital invests $12.5m in China's DJ Health Union
China-focused GP Hao Capital has invested $12.5 million in DJ HealthUnion Systems Corporation, which specializes in providing health data sharing solutions to hospitals.
Vertex, Sinar Mas lead round for Indonesia's HappyFresh
Vertex Ventures and Sinar Mas Digital Ventures have led a $12 million funding round for Indonesia-based online grocer HappyFresh.
Eight Roads commits $15m to India's CredR
Indian used motorbike marketplace CredR has raised a $15 million Series A round from Eight Roads Venture, formerly called Fidelity Growth Partners.
2015 AVCJ Awards - last call for nominations
Nominations for the 2015 AVCJ Private Equity & Venture Capital Awards close today, September 23. The deadline has already been extended once and will not be extended again.
Hong Kong freight services platform raises $14m
Hong Kong-based freight services platform Freightos has raised a $14 million Series B round from a clutch of investors.
Kalaari leads $9m round for India's Industrybuying
Kalaari Capital has led a INR600 million ($9 million) Series B round for Indian B2B online marketplace Industrybuying.com, with participation by SAIF Partners and Beenext.
Creador reaches $250m first close on Fund III
Southeast Asia and India-focused GP Creador has reached a first close of $250 million on its third fund. A final close around the target of $450 million is expected around the end of the year.
Carlyle buys stake in India's Metropolis Healthcare
The Carlyle Group has agreed to buy a 37% stake in medical diagnostics chain Metropolis Healthcare, ending a dispute among the company's current ownership.