Growth capital
SeaLink leads $29m round for Indian children's hospital
SeaLink Capital Partners has led a INR2 billion ($29 million) investment in Indian maternal and pediatric hospital chain Surya Children’s Medicare, providing an exit for OrbiMed Advisors.
Sequoia, Shunwei lead $38m round for PatSnap
PatSnap, a cloud-based intellectual property analytics and management software developer based in the UK and Singapore with more than half of its clients in China, has raised a $38 million Series D round led by Shunwei Capital and Sequoia Capital.
Chinese AI player Yitu raises $200m
Yitu Technology, a Chinese artificial intelligence (AI) start-up that is developing solutions for machine vision, listening and understanding, has raised $200 million in Series C-plus funding.
Toyota invests $1b in SE Asia's Grab at $10b valuation
Japan’s Toyota Motor Corporation will contribute $1 billion as the lead investor in the latest round of funding for Southeast Asia-focused ride-hailing business Grab. The commitment – the largest-ever made by an automaker in the ride-hailing industry...
Capital Group, GL buy stake in Chinese hospital operator
Capital Group Private Markets (CGPM) has joined GP Capital to invest in Jinxin Healthcare, the maternity care division of Chinese hospital operator Chengdu Jinxin Healthcare Investment Management Group (Jinxin Group).
Chinese smart vehicle start-up raises $500m
Byton, a China-based manufacturer of smart electric cars backed by Legend Capital, has secured a $500 million Series B funding round from a group of domestic strategic investors.
CapitalG leads $21.8m round for India's Aye Finance
CapitalG, the investment arm of Google's parent company Alphabet, has led a INR1.5 billion ($21.8 million) Series C round for Aye Finance, an Indian microfinance institution (MFI) focused on small businesses.
VIDEO: Baidu Capital's Jenny Wu
Jenny Wu, a managing partner at Baidu Capital, discusses growth stage investment in artificial intelligence
Oman India fund invests $23m in Annapurna Microfinance
The Oman India Joint Investment Fund (OIJIF), an India-focused GP sponsored by the governments of India and Oman, has invested INR 1.6 billion ($23 million) in microlender Annapurna Microfinance (AMPL).
China's Ant Financial closes $14b Series C round
Ant Financial, Alibaba Group’s financial services affiliate, has raised $14 billion in Series C funding from investors including GIC Private, Warburg Pincus, The Carlyle Group, Silver Lake, and Canada Pension Plan Investment Board (CPPIB).
China's Chezhibao, Tiantian Paiche secure funding
Two Chinese online used car trading platforms – Chezhibao and Tiantian Paiche (TTP) – have received a combined $225 million in funding, continuing the flood of private capital into the space.
China fintech player Pintec gets $103m round
Hong Kong-based VC firm Mandra Capital and Sina Corporation have led a $103 million funding round for Chinese financial technology platform Pintec.
Southeast Asia's Grab launches venture arm
Southeast Asia-focused ride-hailing app operator Grab has launched a venture capital unit aimed at developing and investing in emerging technology businesses across the region.
Singapore's MyRepublic receives $60m capital injection
CLSA Capital Partners (CLSA CP) and Singapore family office Kamet Capital Partners have invested $60 million in Asia telecom player MyRepublic.
Mekong invests in Vietnamese mattress seller
Mekong Capital has invested an undisclosed amount in Vietnamese mattress and bedding retailer Vua Nem to support its expansion.
SoftBank co-leads $20m round for Indonesia's EV Hive
SoftBank Ventures Korea (SBVK) has co-led a $20 million Series A round for EV Hive, an Indonesian co-working space operator that spun out from East Ventures last year, alongside H&CK Partners and Tigris Investment, both of which are also based in South...
Sequoia, CDH, Yunfeng back China's ZTO Freight
Sequoia Capital China, CDH Investments, and Yunfeng Capital have provided more than $100 million in Series A funding to ZTO Freight, an affiliate of US-listed Chinese delivery company ZTO Express.
China's BaishanCloud gets $37m Series C-plus
Chinese data services company BaishanCloud has completed its sixth series of private equity funding, following the closure of a Series C-plus round worth RMB240 million ($37.4 million).
Goldman leads $31m round for India hospital
Goldman Sachs has led a $31 million Series A round for Indian cancer care provider Cytecare Hospitals as part of a global oncology investment strategy.
Temasek, PayPal invest $125m in India's Pine Labs
Temasek Holdings and PayPal have invested $125 million in Pine Labs, an Indian financial technology company backed by Actis Capital, Sequoia Capital India and Madison India Capital.
China's Genesis targets $600m for second fund
Genesis Capital, a Chinese venture capital firm established by Richard Peng, formerly head of M&A at Tencent Holdings, is targeting $600 million for its second fund.
China's SenseTime closes $620m Series C-plus round
Chinese artificial intelligence (AI) technology developer SenseTime has raised $620 million in Series C-plus funding, its second capital injection in as many months. The investment values the business at over $4.5 billion.
Chinese VCs join $300m round for US, Hong Kong-based Grail
Ally Bridge Group, Hillhouse Capital and 6 Dimensions Capital have co-led a $300 million Series C round for Grail, a biotechnology development firm based in Hong Kong and the US.
CDH, DCP to invest $70m in China's Sunpower
DCP Capital Partners, a private equity firm established by the former China heads of KKR, has agreed to jointly invest $70 million alongside CDH Investments in Chinese energy industry supplier Sunpower.