Tiger Global Management and Sequoia Capital have led a $60 million funding round for India-based business-to-business (B2B) industrial goods marketplace Moglix.
Affinity Equity Partners has begun a process to exit its 35% interest in the frequent flyer business of Virgin Australia.
Warburg Pincus and SAIF Partners have led a $65 million Series E commitment to Indian technology-enabled logistics operator Rivigo.
Making a private equity spin-out work is as much about cultivating a transparent culture within the team as identifying an underserved market segment, industry participants told the AVCJ USA Forum.
Annual divestments by Singapore’s Temasek Holdings exceeded investments for only the second time in a decade against a backdrop of challenging market conditions and weaker returns.
GGV Capital has co-led a $150 million Series C investment in Chinese industrial robotics maker Geek+ alongside US hedge fund investor D1 Capital Partners.
Samsung Ventures has made its first Indian investments, committing $8.5 million across four local start-ups.
Indian educational technology developer Byju’s has raised $150 million in a funding round led by Qatar Investment Authority, the sovereign wealth fund of Qatar.
Nigeria-based online services platform OPay has raised a $50 million funding round with participation by a number of Chinese investors, including IDG Capital, Source Code Capital, Sequoia Capital China, Meituan-Dianping, and GSR Ventures.
Provident Capital, a Southeast Asia-focused private equity firm that is primarily active in Indonesia, is looking to raise $250 million for its second fund.
TPG Capital affiliate PacificBridge Asset Management and MCM Investment Partners, a Hong Kong-headquartered merchant bank and asset manager, have led a $25 million Series B round for Singapore artificial intelligence (AI) start-up Taiger.
A91 Partners, an Indian venture capital firm founded by three former managing directors at Sequoia Capital, has closed its debut fund at $351 million.
Australia’s Retail Food Group (RFG) has received a A$160 million ($111 million) recapitalization proposal from Asia-focused special situations investor SSG Capital Partners.
TVS Capital Funds, a PE firm sponsored by the TVS Group and Shriram Group, has reached a second close of INR11 billion ($160 million) on its third India growth vehicle.
Horizons Ventures has led a $35 million Series B round for Indian financial technology provider NiYo Solutions with support from Tencent Holdings.
Miaoshou Doctor, a Chinese online healthcare services platform that has expanded into the offline pharmacy space, has completed its extended Series C funding round, having achieved a post-deal valuation of more than RMB7 billion ($1 billion).
Australia’s OneVentures and AirTree Ventures have joined online jobs marketplace Seek in a A$22 million ($15.3 million) Series C round for local human resources platform Employment Hero.
New Zealand has opened a NZ$300 million ($199 million) government-backed venture capital scheme to applications from domestic and international private fund managers.
Indonesia-based ride-hailing and online services platform Go-Jek has received a fresh investment of undisclosed size from Mitsubishi Corporation - as well as two other units of the Japanese conglomerate - as part of its ongoing Series F round.
Global Brain has led a JPY8.5 billion ($7.8 million) Series A round for Connected Robotics, a Japanese robotics developer that specializes in cooking.
EV Growth has led a $14.5 million Series A round for Indonesian logistics industry technology provider Waresix.
EQT Partners has made a take-private offer for Singapore-listed hospital operator Health Management International (HMI) that values the company at S$611 million ($449 million).
Australia’s Quadrant Private Equity has made the first investment from its new growth fund, with an agreement to acquire domestic auction sites Graysonline and AreYouSelling for A$60 million ($42 million).
Ritase, an Indonesian technology provider for the trucking industry, has raised an $8.5 million Series A round led by Golden Gate Ventures.