Singapore’s GIC Private and Sequoia Capital China have invested a combined $40 million in Korean financial technology company Viva Republica.
Japanese corporate pension funds are looking to increase their allocations to infrastructure, but they value the opportunity to visit managers before committing capital.
Nazrin Hassan, CEO of Cradle Fund, died on June 14 due to blast injuries incurred when his mobile phone exploded, the Malaysian venture capital firm has confirmed.
Vectus Industries, an India-based maker of water storage and piping products, has filed for an IPO that will provide a full exit for its private equity backer Creador.
SeaLink Capital Partners has led a INR2 billion ($29 million) investment in Indian maternal and pediatric hospital chain Surya Children’s Medicare, providing an exit for OrbiMed Advisors.
Chinese B2B pharmaceutical trading and education platform Yaoshibang has received RMB420 million ($65 million) in Series C funding across two tranches.
A group of VCs including China Growth Capital have agreed to invest $16 million in Ono, a China-based company that claims to be the creator of the first decentralized social network.
M17 Entertainment, a Taiwan and Singapore-based media streaming company, has abandoned plans for a $60.1 million IPO in the US citing unspecified difficulties with some investors.
DDH1, an Australian drilling company backed by Oaktree Capital Management, has acquired 100% of domestic counterpart Strike Drilling as part of a platform-based consolidation plan.
The Blackstone Group has agreed to sell India-based business process outsourcing (BPO) service provider Intelenet Global Services to French peer Teleperformance for $1 billion. It is the second time that Blackstone has exited the company through a trade...
The Abraaj Group – which has been under pressure since governance concerns emerged in February – has appointed provisional liquidators to work on a restructuring of the firm after a second creditor filed a petition seeking to recover unpaid debts.
Australian medical device manufacturer Sirtex Medical has accepted a A$1.9 billion ($1.4 billion) buyout offer from China’s CDH Investments, pulling the plug on an earlier agreement with US-listed Varian Medical Systems.
TR Capital secured a 3.4x net return on its investment in Indian e-commerce giant Flipkart, having sold its stake in conjunction with Walmart’s acquisition of the business. The secondaries specialist announced the exit to coincide with the opening of...
PatSnap, a cloud-based intellectual property analytics and management software developer based in the UK and Singapore with more than half of its clients in China, has raised a $38 million Series D round led by Shunwei Capital and Sequoia Capital.
AVCJ's daily bulletin will not be published on Monday June 18 due to the public holiday in Hong Kong
Venture capital deals involving IDG Capital, Orchid Asia, Fosun Group, Matrix Partners, ZhenFund, Sky9 Capital, CDH Investments, Meridian Capital, Eastern Bell Venture Capital, SIG, and Qianhai FoF
China Growth Capital has led a $17.7 million Series A round of funding for Cheduoduo, a newly launched Chinese used car trading platform, with participation from Source Code Capital.
Blackbird Ventures has led a $10 million Series A round for Propeller Aero, a cloud-based analytics technology supplier focused on drone use in heavy civil and resources industries.
India and Southeast Asia-focused private equity firm Everstone Group has reorganized its global fundraising operation following the departure of managing director Atul Phull.
Yitu Technology, a Chinese artificial intelligence (AI) start-up that is developing solutions for machine vision, listening and understanding, has raised $200 million in Series C-plus funding.
CVC Capital Partners has acquired 100% of Malaysia-based food company Munchy Food Industries for an undisclosed sum.
Indian automobile and heavy equipment component manufacturer Craftsman Automation has filed for an IPO. The International Finance Corporation (IFC) and Standard Chartered Private Equity will make partial exits in the offering.
Japan’s Toyota Motor Corporation will contribute $1 billion as the lead investor in the latest round of funding for Southeast Asia-focused ride-hailing business Grab. The commitment – the largest-ever made by an automaker in the ride-hailing industry...
The Blackstone Group has achieved a final close on its maiden Asia-focused private equity fund at a revised hard cap of $2.3 billion.