Growth capital
Portfolio: ChrysCapital and LiquidHub
Despite coming in as a minority investor, ChrysCapital has been key to the overseas expansion of US-based LiquidHub. The firm credits its active collaboration and unique connections
India's Power2SME receives $36m Series E
Power2SME, an Indian online services provider for companies in the manufacturing space, has received $36 million in Series E funding, primarily from existing VC investors.
IFC considers $50m investment in India's Mahindra Lifespace
The International Finance Corporation (IFC), the investment arm of the World Bank, has proposed a $50 million investment in Indian developer Mahindra Lifespace (MLDL).
China's United Imaging Healthcare raises $509m Series A
Shanghai United Imaging Healthcare, a China-based medical imaging device maker, has completed a RMB3.33 billion ($509 million) Series A round of funding co-led by state-backed SDIC Fund Management and China Life Healthcare Fund.
Japan's Mizuho launches $250m ASEAN fund
Japan’s Mizuho Bank has launched a private equity fund focused on middle-market companies in the ASEAN region with a target corpus of $250 million.
Deal focus: Creador writes Indonesia health prescription
With a $45 million investment from Creador, Indonesian hospital chain Medikaloka Hermina is preparing its push to reach the country's underserved middle class
Fund focus: Welkin finishes institutional upgrade
The closing of Welkin Capital's second fund sees the GP pairing a formalized PE investment approach with the industry connections forged in its family office origins
Tiantu re-ups in Chinese online grocer FreshMarket
China-based online grocery retailer FreshMarket has secured an extended Series C round of funding worth RMB290 million ($44 million) led by its existing investor Tiantu Capital.
L Catterton Asia backs Korean eyewear brand
L Catterton Asia has led a consortium including Groupe Arnault - the family office of LVMH founder Bernard Arnault, which is one of the firm's LPs - to purchase a stake in Gentle Monster, a South Korean sunglasses and eyewear brand.
Sequoia China leads $240m round for WuXi NextCode
WuXi NextCode, a genome sequencing analysis business with ties to China-based contract research organization WuXi PharmaTech, has completed a $240 million extended Series B round of funding led by Sequoia China and featuring Temasek Holdings, Yunfeng...
VCs commit $11m to India's Lendingkart
A group of VC investors including Sistema Asia Fund has committed INR700 million ($10.9 million) to Indian fintech platform Lendingkart Technologies.
Creador invests $45m in Indonesia hospital chain
Creador has committed IDR600 billion ($45 million) to Indonesia-based hospital chain Medikaloka Hermina.
IFC commits $10m to India's Power2SME
The International Finance Corporation (IFC), the investment arm of the World Bank, has invested $10 million in Indian business-to-business e-commerce start-up Power2SME.
IDFC invests $12m in Indian eye hospital chain
IDFC Alternatives has invested INR750 million ($11.7 million) in ASG Eye Hospital, an Indian chain of eye care facilities backed by Sequoia Capital.
TPG invests Indian shoe company
TPG Growth - the middle market investment platform of TPG Capital - has joined QRG Enterprises, the family office of India’s Havellis Group in backing local shoe supplier Campus Activewear.
Goldman, Hillhouse invest $90m in China's Arrail Dental
Goldman Sachs and Hillhouse Capital have jointly invested $90 million in a Series D round of funding for Arrail Dental, a Chinese dental services provider.
Toyota invests in Southeast Asia's Grab
Toyota Tsusho, a division of Japanese automotive giant Toyota Group, has joined the latest funding round for Southeast Asian ride-hailing app operator Grab.
SDIC leads $65m round for China's CF PharmTech
SDIC Fund Management, a GP under China’s State Development & Investment Corporation, has led a $65 million Series D round of funding for CF PharmTech, a Chinese manufacturer of inhalers and nasal sprays.
Sequoia invests $8m in India's Bira 91
Sequoia Capital has invested $8 million in Indian brewer B9 Beverages, the maker of craft beer brand Bira 91.
China Life, Baidu launch $1b tech PE fund
China Life Insurance Group and internet search giant Baidu have agreed to form a RMB7 billion ($1 billion) private equity fund to invest in technology companies.
China's VIPKid raises $200m Series D
VIPKid, a China-based English-language learning platform backed by VC investors, has completed a $200 million Series D round of funding, in what the company claims is the largest investment in the K-12 education space globally.
Warburg Pincus backs China-based HR tool developer
Warburg Pincus has led an extended Series B round worth RMB130 million ($19 million) for GaiaWorks, a China-based software-as-a-service provider of workforce management solutions, with participation from Matrix Partners China and Genesis Capital.
Crescendo Equity, Lindman back Korean software developer Hancom
Hancom, a South Korea-listed software developer, has raised KRW60 billion ($53 million) from two private equity firms.
CDH to invest in US housewares maker SharkNinja
China-focused private equity firm CDH Investments has agreed to invest in US-based SharkNinja, taking a significant stake in the small home appliances supplier for an undisclosed sum.