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JAFCO invests $5m into VC-backed Bubble Motion
JAFCO Asia has invested $5 million in Bubble Motion, a voice blogger service provider backed by venture capital players including Sequoia Capital.
Fidelity Growth invests $20m in US-based AbsolutData
Fidelity Growth Partners India has committed $20 million to AbsolutData, a San Francisco-based data analytics services provider. The investment will be used to scale up its global delivery footprint.
SBI teams up with China’s Yidian to launch PE Fund
SBI Holdings has partnered with China’s Yidian Holdings to launch a private equity fund that will invest in the technology, media and telecom (TMT) sector. The initial fundraising target is RMB400 million ($62.9 million).
VC firm leads $6m App Annie Series B round
App Annie, the service provider of app store analytics and market intelligence for the global app economy, has raised $6 million in Series B financing led by Greycroft Partners. China’s IDG Capital Partners, the lead investor in the previous funding...
General Atlantic exits Infotech Enterprises for $36m
General Atlantic Partners – through its entity GA Global Investments – has sold 11.7 million shares, or a 10.48% stake, in Infotech Enterprises to Cyprus-based company Gagil FDI for INR2.01 billion ($36.2 million).
Focus Media receives $3.5b buyout offer from PE players
US-listed Focus Media has received a $3.5 billion offer from its chief executive and a group of private equity giants to take the company private. If the deal goes through, the leveraged buyout could be China's largest, and Focus Media could be the largest...
India Innovation Fund invests in India’s iKen Solutions
India Innovation Fund (IIF) has invested in iKen Solutions, a research spin-off of The Indian Institute of Technology in Bombay. The investment will be used to scale up the company’s execution and commercialization capabilities.
Mercatus invests in India’s PurpleStream Convergence
PurpleStream Convergence, a Chennai-based video streaming services provider, has raised funding from Mercatus Capital and content producer Hub Media.
General Atlantic denies Snapdeal interest - report
General Atlantic says it never entered into talks with Snapdeal in what would have been the private equity firm’s first foray into Indian e-commerce.
SBI commits $3m to Indian e-learning provider
SBI Holdings has invested more than $3 million in to India’s Liqvid, an online content provider that specializes in English language training. SBI Ven Capital Singapore's Brijesh Pande will join the Liqvid board.
L Capital backs Indian cinema operator PVR
L Capital, the private equity arm of luxury group LVMH, will invest just under INR1.1 billion ($19.4 million) in cinema and entertainment company PVR for a 10% stake. As part of the deal, L Capital will set up a joint venture with the Indian firm that...
NTT Investment Partners backs Philippines’ Migo
NTT Investment Partners, the corporate venture capital arm of Nippon Telegraph & Telephone Corp, has committed $2 million to Migo Entertainment, a Philippines-based digital content distributor.
General Atlantic nears Snapdeal investment – report
General Atlantic is reportedly closing in an investment in online retailer Snapdeal, which would represent its first foray into Indian e-commerce. The private equity firm will participate in a round of funding worth $80-100 million.
Sequoia invests in India healthcare services start-up
Sequoia Capital India has invested INR250 million ($4.6 million) into Bangalore-based Practo Technologies, a cloud-based clinic management platform. The Series A round will support the company's global expansion plans.
WI Harper leads Series B round for AdMaster
W.I. Harper has led a Series B round of funding for AdMaster, a China-based digital marketing service provider. GSR Ventures, which invested in the company’s Series A round in late 2010, also participated.
Want Want China unsure about CNS purchase conditions
Want Want China, leader of a group seeking to buy Taiwan cable TV provider China Network Systems (CNS) from MBK Partners, said Thursday that the $2.4 billion sale remains uncertain because of conditions imposed by regulators.
Infinity Group sells IP to Anxin-China
Infinity Group, the Israel-based private equity firm created by China Development Bank and Israeli conglomerate IDB Group, has sold intellectual property developed by two of its portfolio companies to Anxin-China Holdings.
WinIT Software to raise $5m from PE
WinIT Software, an Indian mobile developer, is planning to raise INR275 million ($5 million) from private equity investors to scale up its operation outside India. A deal is expected to happen in the next 4-5 months.
CHAMP PE seeks exit from New Zealand’s Blue Star
CHAMP Private Equity-owned Blue Star has suspended trading on the New Zealand Stock Exchange in anticipation of an announcement that the business is up for sale. It comes after the struggling communications company said in June that it had won the support...
Creador confirms MNC Skyvision investment
Creador Capital has confirmed it invested $28 million in Indonesian pay TV operator MNC Skyvision’s IDR2.15 billion ($228 million) IPO. The committed capital includes $13 million from a co-investor.
CHAMP Private Equity’s oOh!media to buy Eye Corp
CHAMP Private Equity’s oOh!media has agreed to buy Eye Corp, Ten Network Holdings’ outdoor advertising business. The deal values Eye at up to A$145 million, of which A$120 million will be paid in cash on completion, with the remainder due in three...
India’s Reliance Mediaworks to raise $110m from PE
Reliance Mediaworks (RMW), a Indian film and entertainment services company controlled by billionaire Anil Ambani, has raised INR6.05 billion ($109.7 million) from a foreign private equity fund. The capital will be used to cut debt and for business expansion.
CBC backs US-based power solutions provider
China Broadband Capital (CBC) has participated in a $22 million funding round for IntelliBatt, a US-based power solutions provider of power supply and battery monitoring systems. The round was led by Columbia Capital.
Singapore's Jungle Ventures invests in Mobikon
Jungle Ventures has led a $ 1.7 million round of investment in Mobikon Asia, a Singapore-India start-up that provides an integrated digital marketing platform to help hospitality and retail clients connect with consumers.