Warburg Pincus Asia
Deal focus: Gaosi Education stresses its B2B credentials
As China's mainstream online tuition players battle for the hearts, minds and wallets of end users, Gaosi Education found a niche targeting the B2B market. It recently raised $140 million to accelerate expansion
Warburg Pincus leads Series D for China's Gaosi Education
Gaosi Education, which provides tutoring services to schools and other educational institutions in China, has raised $140 million in Series D funding led by Warburg Pincus.
Deal focus: Mofang pursues quality and scale
Mofang raises $150 million to bring consistency to China’s fragmented rental housing market. Leveraging big data and targeting millennials are key strategies
Warburg Pincus to buy India education finance business
Warburg Pincus has agreed to acquire an 80% stake in Avanse Financial Services, an India-based non-banking finance company (NBFC) focused on education.
Warburg Pincus invests $100m in China B2B platform Yijiupi
Yijiupi, a China-based online B2B trading platform that established itself in liquor before expanding into other consumer goods categories, has raised 100 million in an extended Series D round from Warburg Pincus.
PE-backed logistics platform ESR files for Hong Kong IPO
ESR, a pan-Asian logistics and fund management platform that was seeded by Warburg Pincus, has filed for an IPO in Hong Kong.
PE-backed Jinxin Fertility files for HK IPO
Jinxin Fertility, the assisted reproduction services division of China’s Jinxin Group that is backed by several private equity investors, has filed for an IPO in Hong Kong.
Warburg Pincus backs $200m investment in Indonesia's NWP
Warburg Pincus has backed a $200 million funding round for Indonesian shopping mall developer NWP Retail.
China’s GaiaWorks raises $44.4m in Series C
China-based GaiaWorks, an HR-focused software-as-a-service (SaaS) provider, has raised RMB300 million ($44.4 million) in a Series C round of funding led by Tiger Global Management.
Chinese online education start-up Yuanfudao raises $300m
Tencent Holdings has led a $300 million round of funding for Chinese online education start-up Yuanfudao, propelling the company to a valuation in excess of $3 billion.
AVCJ Awards 2018: Deal of the Year - Late Stage Technology: Ant Financial
A string of private equity investors backed Ant Financial’s $14 billion Series C round, having recognized a company at the forefront of financial disruption in China
China's Geek+ closes Series B round at $150m
Geek+, a Chinese manufacturer of robots for use in logistics and warehousing, has closed its Series B round with $150 million in commitments. It is claimed to be the largest financing globally in the logistics robotics space and it takes Geek+’s valuation...
Investors seek new openings as China tech matures – AVCJ Forum
Investors in China’s technology space must learn to play contrarian angles as consumer-facing segments become increasingly difficult to penetrate.
Warburg takes apartment rental exposure into HK
Warburg Pincus has invested $181 million in Weave Co-Living, a Hong Kong-based rental accommodation provider focused on millennials and young professionals.
Q&A: Warburg Pincus' Chip Kaye
Chip Kaye, co-CEO of Warburg Pincus, discusses market fluctuations, global dislocation, expanding into Southeast Asia, raising a companion fund for China, and innovation in the secondaries space
Warburg Pincus secures first China control deal
Warburg Pincus has acquired a China healthcare business from DKSH Group, a market expansion services provider that focuses on Asia, for approximately CHF100 million ($100 million). It is the GP's first control deal in China.
Warburg Pincus backs Indonesia tax compliance business
Warburg Pincus has led a $25 million Series B round of funding for OnlinePajak, an Indonesia-based company that operates an online tax reporting platform.
Capillary raises funding to support China expansion
Capillary Technologies, a Singapore-headquartered artificial intelligence (AI) analytics provider with a substantial presence in India, has received funding from Warburg Pincus for a Chinese expansion.
Warburg Pincus commits $400m to China logistics business
Warburg Pincus has committed half of an $800 million round for Shanghai-based warehousing and logistics company NewEase China, which focuses on improving shipments through domestic airports and urban hubs.
Deal focus: China baby boom market comes of age
Warburg Pincus has acquired Chinese mother-and-baby company Leyou, providing an exit for CDIB Capital and The Carlyle Group. The deal signals a rapid maturation process in the segment
Warburg Pincus seals secondary buyout of China's Leyou
Warburg Pincus has agreed to acquire a majority stake in Chinese maternity products supplier Leyou. The deal will facilitate exits for The Carlyle Group and CDIB Capital.
Chinese car transaction services platform targets $150m US IPO
Cango, a private equity-backed Chinese automotive transaction services platform that brings together car dealerships, buyers, and financial institutions, is seeking to raise up to $150 million through a US IPO.
Boyu leads $125m round for Singapore's Trax
Boyu Capital has led a $125 million funding round for Trax, a Singapore-headquartered company that has developed computer vision and analytics solutions through which retailers can link sales to in-store and on-shelf positioning.
Uxin trades up on debut after $225m US IPO
Chinese used car trading platform Uxin Group gained 10% on its first day of trading on NASDAQ following a $225 million IPO that was scaled back in terms of size and pricing.