Growth capital
Anthem invests in Myanmar mobile data collection platform
Myanmar-focused investor Anthem Asia has provided funding to Xavey, a local mobile data collection platform that works with groups conducting research and surveys.
NewMargin leads $200m round for China advertising platform
NewMargin Ventures has led a $200 million Series B round for Panshi Information Technology, valuing the Chinese digital marketing platform at $1 billion.
IDG, Goldman back US bitcoin start-up's China expansion
IDG Capital Partners and Goldman Sachs have invested $50 million in US-based bitcoin start-up Circle with a few to funding its expansion into China.
China VC firm Banyan closes $100m co-investment fund
Chinese venture capital firm Banyan Capital has closed its latest co-investment fund at $100 million, having spent just one month in the market.
Rocket's FoodPanda raises a further $100m
Goldman Sachs has led the latest funding round for Rocket Internet's emerging markets-focused food delivery app FoodPanda, netting the company $100 million.
Cathay Capital leads round for FuRui's medical device unit
Cathay Capital has led a EUR30 million ($33 million) round of funding for Echosens, a France-based diagnostic medical device manufacturer owned by China’s Inner Mongolia FuRui Medical Science.
LeapFrog to invest in Indonesia's Reliance Capital Management
Microfinance-focused investor LeapFrog Investments will lead a $45 million commitment to Reliance Capital Management, an Indonesian financial services provider. This is its first investment in the country.
China's Huakang Mobile Healthcare raises $32m from VCs
Yunfeng Capital, Shenzhen Cowin Capital, New Horizon Capital and Hunan Haijie Healthcare Investment have provided RMB200 million ($32 million) in Series B funding for Huakang Mobile Healthcare, a Chinese mobile healthcare app developer.
SAIF leads $3.5m Series A for India start-up tracker
Tracxn, an Indian data analytics firm that aims to be the "Gartner of start-ups," has raised a $3.5 million Series A round led by SAIF Partners.
Greycroft, Fidelity lead $6m round for India's Icertis
Indian cloud enterprise start-up Icertis has raised $6 million in a Series A round led by Greycroft Partners and Fidelity Growth Partners India.
PE and China franchising: Eat what you cook
Franchising is an effective way of establishing Western restaurant brands in China. Private equity firms have picked up on the opportunity, but it is not without risk. Local appeal and strong partners are essential
China online movie ticket app Weiying raises $105m round
Beijing Weiying Times Technology, a Chinese online portal that sells movie tickets, has completed a Series B round of funding worth $105 million.
TPG Growth closes third global fund at $3b
TPG Capital has reached a final close of $3 billion on its third global middle market and growth equity fund. The initial target was $2.75 billion.
Ratan Tata buys stake in China's Xiaomi
Ratan Tata, chairman emeritus of the company that controls Tata Group, has invested an undisclosed sum in VC-backed Xiaomi, the first investment by any Indian in the Chinese smart phone maker.
Accel, SAIF in $12m Series B round for Coverfox
Indian online insurance marketplace Coverfox has raised a INR750 million ($12 million) Series B round from existing investors Accel Partners and SAIF India.
Financial comparison site CompareAsiaGroup gets $40m round
CompareAsiaGroup, a primarily Southeast Asia-focused service that allows consumers to compare different financial products, has completed a $40 million round of funding that will be used to support further expansion.
CMC Capital acquires stakes in HK broadcaster TVB
Chinese media-focused private equity firm CMC Capital Partners has acquired a stakes in the consortium that controls Television Broadcasts (TVB), a free-to-air broadcaster in Hong Kong.
Two sides of a stock market boom
April is barely 20 days old and the capital generated through share placements and sell-downs by PE investors is already at its third-highest quarterly level in two years. That’s what happens when public markets go into overdrive.
Investec Bank leads $84m round for China P2P lending site
South African-based Investec Bank has led an $84 million Series C round of funding for Jimubox, a Chinese peer-to-peer (P2P) online lending platform, with participation from Haitong Kaiyuan, a PE arm of Haitong Securities.
Keytone leads $20m round for China auto service site
Keytone Ventures has led a $20 million Series A round of funding for Chemayi, a Chinese auto after-sales service platform.
PE investors to participate in $645m China TCM placement
GIC Private, China Renaissance Capital Investment (CRCI) and GL Capital Group are among 26 investors subscribing to a HK$5 billion ($645 million) share placement by China Traditional Chinese Medicine (China TCM), intended to generate capital for acquisitions....
India's Freshdesk raises $50m Series E from existing investors
Online customer support start-up Freshdesk has raised $50 million in Series E funding from existing investors Tiger Global Management, Google Capital and Accel Partners.
India classifieds platform raises $28m from GIC, Norwest
Singapore’s GIC Private has led a Series C round of funding worth INR1.75 billion ($28 million) for Sulekha.com, an India-based classifieds platform based in India. Existing investor Norwest Venture Partners (NVP) also participated.
CBC leads $10m round for Chinese auto repair start-up Kalading
Chinese auto repair start-up Kalading has raised a $10 million Series A round led by CBC Capital. Existing investor Gobi Partners also participated, as did Geek Partners.