Growth capital
KKR to invest $150m in Indian polyester manufacturer
KKR has agreed to invest $150 million in JBF Industries, an India-based polyester products manufacturer, with a portion of the capital going to the company’s international subsidiaries.
All-Stars Investment leads $300m round for China's Tujia
All-Stars Investment has led a $300 million new funding round for Tujia.com, valuing the Chinese vacation-rental website at more than $1 billion.
India's TripFactory raises Series A round from Aarin Capital
Aarin Capital has committed a Series A round to Indian online travel agent TripFactory.
CDIB closes debut Asia fund at $405m
CDIB Capital, the private equity arm of Taiwan’s China Development Financial (CDF), has reach a final close of $405 million on its maiden Asian fund.
Ajisen, Hina back Baidu's online food-ordering platform
Ajisen Holdings, a Chinese fast casual restaurant chain operator, has teamed up with The Hina Group and its affiliate Hanking Group to invest up to $70 million in Baidu Takeout Delivery, an online food delivery ordering platform run by the Chinese search...
Cathay PE invests in France's Datawords
Sino-French GP Cathay Capital Private Equity has led a new round of funding for Datawords, a digital marketing service provider based in France. The size of the investment has not been disclosed.
Carlyle commits $85m to China's Ubox
The Carlyle Group has invested RMB530 million ($85 million) in Beijing Ubox Technology & Trade, a vending machine operator in China.
PE-backed online liquor retailer Jiuxian gets another $81m
Jiuxian.com, a Chinese e-commerce site that sells wines and spirits, has raised RMB500 million ($81 million) in a new round of funding.
New Horizon backs China B2B plastics trading platform
New Horizon Capital has led a $36 million Series B round of funding for Zhaosuliao.com, a Chinese B2B plastics trading platform.
Anjali Bansal hired as Asia, Africa partner at TPG Growth
TPG Growth - the mid-market growth equity platform of TPG Capital - has hired Anjali Bansal as partner and managing director. She will focus on human resources in Asia and Africa.
P2P lender China Rapid Finance gets $35m Series C round
Broadline Capital has led a $35 million Series C round of funding for peer-to-peer (P2P) lending platform China Rapid Finance. The investment gives the business a pre-money valuation of $1 billion.
India's furniture retailer Pepperfry raises $100m
Online furniture retailer Pepperfry has raised $100 million in Series D funding from a group of investors including Goldman Sachs and Zodius Technology Fund.
Tata Opportunities Fund invests $55m in Tata Projects
The Tata Opportunities Fund (TOF) - the flagship fund managed by Indian conglomerate Tata Group's corporate investment arm, Tata Capital - has invested INR3.35 billion ($55 million) in the group's engineering, procurement and construction (EPC) services...
GSR, Go Scale raise $1b for M&A fund, seek to deploy $5b – update
GSR Capital and its affiliate Go Scale Capital has raised $1 billion for a cross-border buyout and M&A fund, which it hopes will translate into $5 billion worth of dry powder once debt financing and co-investment are factored in.
China P2P lending site Firstp2p raises $41m
Firstp2p, a Chinese online peer-to-peer (P2P) financing site, has raised a $41 million Series B round of funding from San Shan Capital, CITIC Capital and China Equity.
China after-school tutoring app raises $24m
Entstudy.com, a Chinese after-school tutoring mobile app, has raised $24 billion in an extended Series B round from two domestic VC firms: Kun Ling Capital and Sharing Capital.
Sequoia commits $20m to Indian gene researcher MedGenome
Sequoia Capital has committed $20 million in Series B funding to Indian genomic diagnostic and research service provider MedGenome.
Australia's Heron Resources gets backing from Greenstone
Mining and metals investor Greenstone Resources has committed up to A$20 million ($14.6 million) to Heron Resources, an Australia-listed company currently developing a zinc-copper project in New South Wales.
VC-backed China parenting site Babytree raises $300m
Chinese online beauty products retailer Jumei International has led a $300 million round of funding for Babytree, a Chinese parent-focused social platform backed by several VC investors.
Singapore's Qoo10 raises $82.1m Series A
Singapore-based Giosis, which manages e-commerce site Qoo10, has raised $82.1 million in a Series A round led by Singapore Press Holdings (SPH).
Matrix, Falcon Edge in $25m Series C for India's Mswipe
Indian mobile point-of-service (POS) developer Mswipe has raised $25 million in Series C funding from a group of investors including Matrix Partners, Falcon Edge Capital and Meru Partners.
Warburg Pincus commits $284m to India's Piramal Realty
Warburg Pincus has agreed to invest INR18 billion ($284 million) in Piramal Realty, the real estate development arm of Indian conglomerate Piramal Group.
Innovation Works backs China cycling tracking device
Innovation Works has led a RMB50 million ($8 million) Series A round of funding for Beast Bikes, a Chinese start-up that has developed a cycling tracking device.
PE investors must think more deeply about value-add - AVCJ Forum
PE and VC firms should think more carefully about how they can add value to portfolio companies, using their board representation as a tool for constructive guidance as much as oversight, industry participants told the AVCJ Singapore Forum.