Growth capital
H Capital leads $30m round for China education site
China-focused venture capital firm H Capital has led a $30 million Series A round of funding for Lexue Education, an online education platform.
Temasek, Vy Capital lead $60m round for India's Zomato
Temasek Holdings and existing investor Vy Capital have committed $60 million in funding to Indian online restaurant and event guide Zomato.
China Post Capital invests in Alibaba's Ant Financial
China Post Capital, an investment arm of postal service operator China Post Group, has purchased a minority stake in Ant Financial, Alibaba Group’s online financial services affiliate.
GGV leads $19m round for China AR toy maker
GGV Capital has led a RMB120 million ($19 million) round of funding for Neobear, a China-based company that develops interactive learning tools for children.
Australian SME lender Prospa raises $41m
Prospa, an online platform that focuses on lending to Australian small and medium-sized enterprises (SMEs) has raised A$60 million ($41 million) in a funding from a string of private equity firms.
Tencent, Yunfeng back China social-networking site for doctors
Tencent Holdings and Yunfeng Capital have committed $40 million in a Series B round of funding to Medlinker, a Chinese social-networking platform for doctors.
Sequoia, Legend back Baidu's education spin-out
Sequoia Capital and Legend Capital have invested an undisclosed sum in a Series A round of funding for Zuoyebang, a K-12 learning and teaching mobile app that spun-out from Chinese online search giant Baidu.
Warburg Pincus leads round for India's Capillary Technologies
Warburg Pincus has led a $45 million Series C round of funding for Capillary Technologies, an Indian cloud-based software provider that focuses on customer relationship management (CRM) solutions.
China second-hand car trading platform Chemao raises $188m
Chemao.com, a Chinese second-hand car trading platform, has raised RMB1.2 billion ($188 million) in a Series B round of funding led by Shenzhen-listed hydropower equipment maker Zhefu Holding Group.
PE investors excited by Philippines' strong fundamentals - AVCJ Forum
PE investors are drawn to the Philippines for its favorable macroeconomic position and potential to serve as a hedge to exposure elsewhere in Asia, but industry participants caution that the deal-making environment is still at a nascent stage of its development....
Templeton backs Vietnam logistics player
Franklin Templeton Investments has committed $15.8 million to Indo Trans Logistics Corporation (ITL), a third-party logistics (3PL) and warehousing services provider in Vietnam.
Baring Asia buys 40% stake in Bright Food-controlled Weetabix
Baring Private Equity Asia has acquired a 40% stake in UK-based cereals producer Weetabix and will work alongside Bright Food Group – which holds the remaining 60% – to expand the business in China.
India's PremjiInvest leads $82m round for US-based ServiceMax
PremjiInvest, the private investment firm for Wipro Enterprises Chairman Azim Premji, has led an $82 million Series F round for US-based field service software developer ServiceMax.
Qiming leads Series B for China goods delivery app
Qiming Venture Partners has led a Series B round of funding for Linjia.me, a Chinese mobile app that offers last mile delivery services.
JD Capital backs China's Gaosi Education
China-focused GP JD Capital has invested in Gaosi Education, an educational and training service provider that focuses on primary and middle school students.
Gobi leads $5.7m Series A for Thailand's Eko
Gobi Partners has led a $5.7 million Series A round of funding for Bangkok-based Eko Communications, developer of workplace messaging app Eko.
Chinese food-ordering platform Ele.me raises $630m
Ele.me, a Chinese online food-ordering platform, has raised $630 million from a combination of new and existing investors. The investment reportedly values the business at more than $3 billion.
Intel Capital invests $60m in China drone maker Yuneec
Intel Capital has committed more than $60 million in Yuneec International, a Chinese drone manufacturer.
VIDEO: Warburg Pincus' Charles R. Kaye
Twenty years after Warburg Pincus set up shop in Asia, the region accounts for one third of the firm’s headcount and approximately one third of its most recent global fund. However, Charles R. Kaye, co-CEO of Warburg Pincus, is non-committal when asked...
Cathay invests in Chinese architecture consulting firm
Sino-French PE firm Cathay Capital has invested an undisclosed sum in China Construction Design International (CDDI), a private architecture and engineering consulting firm.
Times Internet backs Coursera, supports India expansion
Times Internet, an Indian internet and mobile service provider that has backed several local start-ups, has joined a $49.5 million first close of a Series C round for US-based online education provider Coursera.
Deal focus: Standard Chartered PE backs exceptional Dianrong
Regulators are catching up with China’s booming online peer-to-peer (P2P) lending industry. Last month the People Bank of China (PBoC), in conjunction with nine other government agencies, issued the first guidelines for policing internet finance. P2P...
Loan or own? Chinese strategics offer debt to start-ups
As Chinese start-ups raise larger, later-stage rounds, strategic investors are looking to participate through structured debt products rather than through equity. This approach presents its own risks
Deal focus: Tata Capital bets on Uber in India
Tata Opportunities Fund (TOF) has deployed $400 million of its $600 million corpus over the last two years, with two thirds of that capital going to India-based companies that have global operations. The recent investment in ride-hailing app Uber Technologies...