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News >> Deals

India's VC-backed Druva raises $130m

Druva, a provider of cloud data protection and management services founded in India, has raised a $130 million investment led by Viking Global Investors.

  • South Asia
  • 21 June 2019
IDG leads $100m round for China healthcare platform Weimai

IDG Capital has led a $100 million funding round for Weimai, a Chinese healthcare-focused big data platform that helps hospitals and clinics in lower-tier cities automate everything from appointment registration to medical records management.

  • Greater China
  • 21 June 2019
China's Haoqipei gets $60m Series D

Haoqipei, the operator of a B2B auto parts trading platform in China, has closed a $60 million Series D round led by Access Technology Ventures, with plans for a domestic expansion.

  • Greater China
  • 20 June 2019
Quintet invests in Australian radiology business

Australian alternative asset manager Quintet Partners has invested an undisclosed amount in Exact Radiology, a private equity-backed operator of a chain of diagnostic imaging clinics in Queensland.

  • Australasia
  • 20 June 2019
India's VC-backed Postman raises $50m Series B

Postman, a software development tool creator with operations in India and the US, has raised a $50 million Series B round led by Charles River Ventures (CRV), with participation by existing investor Nexus Venture Partners.

  • South Asia
  • 20 June 2019
Japan’s Aspirant leads $223m manufacturing carve-out

Japanese private equity firm Aspirant Group has led the 100% acquisition of a copper tubing subsidiary of diversified industrial manufacturer UACJ Corporation for about JPY24 billion ($223 million).

  • North Asia
  • 20 June 2019
Temasek-backed PE bonds attract record retail following

A growing number of Singaporean retail investors are seeking PE exposure under a program overseen by Temasek Holdings. Nearly 31,000 applications representing S$820 million ($602 million) were submitted for the S$180 million worth of bonds – backed...

  • Southeast Asia
  • 20 June 2019
Alteria invests $11.5m in India's Lendingkart

India-focused venture debt platform Alteria Capital has committed INR800 million ($11.5 million) to Lendingkart, a financial technology platform with several VC investors.

  • South Asia
  • 19 June 2019
Sequoia co-leads $75m Series C for India's Razorpay

Sequoia Capital and Ribbit Capital, a Silicon Valley-based VC firm focused on financial technology, have co-led a $75 million Series C round for Indian online payment gateway Razorpay.

  • South Asia
  • 19 June 2019
Allegro backs Australia's Questas

Australian private equity firm Allegro Funds has confirmed its investment in local mining, construction and agricultural support services provider Questas Group.

  • Australasia
  • 19 June 2019
Chinese industrial e-commerce platform gets $160m Series D

Zhenkunhang, a Chinese e-commerce platform that specializes in industrial products, has raised $160 million in a Series D round of funding led by Tencent Holdings.

  • Greater China
  • 18 June 2019
B Capital, Falcon Edge lead $72m round for India's Bounce

Indian scooter rental start-up Bounce, formerly known as Metro Bikes, has raised a $72 million Series C round led by B Capital and Falcon Edge Capital.

  • South Asia
  • 18 June 2019
Panasonic, VCs back Series B for Japan robotics player

Panasonic Corporation has joined a group of Japanese venture capital firms in a JPY900 million ($8.3 million) Series B round for local industrial robotics systems developer Linkwiz.

  • North Asia
  • 18 June 2019
Oriental Fortune agrees $173m China auto parts deal

Chinese mid-market private equity firm Oriental Fortune Capital has agreed to acquire a controlling interest in Changzhou NRB Corporation, a domestic auto components manufacturer, for RMB1.2 billion ($173 million).

  • Greater China
  • 18 June 2019
Ascendent backs $197m take-private for China Automation

Ascendent Capital Partners has joined Xuan Ruiguo, the chairman and founder of Hong Kong-listed industrial control systems maker China Automation Group, in a take-private offer that values the company at HK$1.5 billion ($197 million).

  • Greater China
  • 17 June 2019
Baring-owned Hexaware announces $182m US bolt-on

Hexaware Technologies, an Indian IT services company majority-owned by Baring Private Equity Asia, has acquired US-based digital consultancy firm Mobiquity for a total consideration of $182 million.

  • South Asia
  • 17 June 2019
Australia’s NAB Ventures exits Wave Financial in $400m deal

NAB Ventures, a unit of National Australia Bank (NAB), is set for its debut exit via a deal that will see US tax services giant H&R Block acquire Canada’s Wave Financial for about $400 million.

  • Australasia
  • 14 June 2019
CLSA backs Series B extension for Korea's PeopleFund

Lending Ark Asia, a private credit division of CLSA Capital Partners, has led a $35 million extension to a Series B round for South Korean lending marketplace PeopleFund.

  • North Asia
  • 14 June 2019
Advantage buys Japanese niche education businesses

Advantage Partners has acquired two Japan-based education assets – vocational training provider Abitus and Tokyo Central Japanese Language School (TCJ).

  • North Asia
  • 14 June 2019
Korea's Crescendo invests $50m in Qxpress

Qxpress, the logistics subsidiary of Southeast Asian e-commerce platform Qoo10, has raised $50 million from Korean private equity firm Crescendo Equity Partners.

  • Southeast Asia
  • 13 June 2019
India grocery platform raises $13m

Indian online food and grocery wholesale platform Jumbotail has raised more than INR900 million ($13 million) in a Series B round led by Canadian venture capital firm Heron Rock Fund.

  • South Asia
  • 13 June 2019
Boyu leads round for Chinese health insurance platform

Waterdrop, a Chinese online health insurance platform that runs mutual aid programs and provides brokerage services, has raised RMB1 billion ($145 million) in Series C funding led by Boyu Capital.

  • Greater China
  • 13 June 2019
GIC, Booking invest $180m in Korea's Yanolja

Singapore’s GIC Private and US-based Booking Holdings have invested $180 million in South Korean hotel operator and booking platform Yanolja, reportedly valuing the company at more than $1 billion.

  • North Asia
  • 12 June 2019
Nan Fung, Pivotal China lead $80m round for Oncologie

Oncologie, a cancer drug developer with bases in Shanghai and Boston, has secured $80 million in Series B funding led by Nan Fung Life Sciences and Pivotal Bioventure Partners China.

  • Greater China
  • 11 June 2019
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