Hong Kong-based OneDegree, an insurance technology start-up, has raised over $30 million for its Series A led by financial technology-focused investment firm BitRock Capital.
Hong Kong-based secondaries specialist TR Capital is seeking to raise $300 million for its fourth private equity fund.
CITIC Capital has invested an undisclosed sum in Cityneon, an entertainment media-focused marketing firm based in Singapore.
Indonesian venture capital firm Kejora Ventures has closed its latest fund, a growth vehicle that will invest in technology businesses in Southeast Asia, with more than $100 million in commitments.
Financial software and data platform developer ION Investment Group has agreed to acquire a majority stake in Acuris, the parent company of AVCJ, for an undisclosed amount. The deal will provide a full exit for Singapore’s GIC Private, while current...
A group including CITIC Private Equity, CICC Capital and Baring Private Equity Asia has agreed to invest $1 billion in the healthcare unit of Chinese e-commerce giant JD.com, acquiring a combined stake of 14.5%.
UK development finance institution CDC Group has anchored a $130 million first close for a fund managed by a South Asian spin-out of US-based Global Environmental Fund Capital Advisors.
Japan’s Gree Ventures has rebranded as Strive and launched its third fund with a view to raising JPY15 billion ($137 million) for internet company investments across Japan, Southeast Asia, and India.
VIG Partners has reached a first close of $530 million on its fourth Korea-focused fund, with international investors accounting for more than 60% of commitments received so far.
AVCJ's daily bulletin will not be published on May 13 due to a public holiday in Hong Kong.
MGI Tech, a Chinese manufacturer of equipment used in gene sequencing, has raised $200 million in funding led by Goldstone Investment, the PE arm under CITIC Securities, Green Pine Capital Partners and Orient Securities Capital Investment.
Mekong Capital has invested an undisclosed amount in Pizza 4P’s, a Vietnamese farm-to-table pizza restaurant chain.
Indian non-banking finance company (NBFC) Kinara Capital has raised INR1 billion ($14.3 million) from a group of investors including Gaja Capital, Gawa Capital, the Michael and Susan Dell Foundation, and US-based VC firm Patamar Capital (formerly Unitus...
Beidian, a Chinese membership-only social e-commerce website, has raised RMB860 million ($126 million) from a group including Hillhouse Capital and Sequoia China Capital.
Campfire, a Japanese crowdfunding platform operator, has raised a JPY2.2 billion ($20 million) Series C round with support from Global Brain and KDDI Corporation.
LeapFrog Investments has raised $700 million for its third fund with a view to investing in healthcare and financial services companies in emerging Asia and Africa. It initially targeted a corpus of $600 million.
Baijiahulian, a Chinese online education platform that provides after-school tutoring services for primary and secondary school students, has filed for a US IPO. The company’s backers include Gaorong Capital.
Hiscene, a China-based manufacturer of augmented reality (AR) glasses and communication systems that also goes by the name Liangfengtai, has raised RMB120 million ($17 million) in an extended Series B round of funding.
GoBear, an online financial products marketplace focused on young Asian consumers, has raised $80 million from its Netherlands-based sponsors Walvis Participaties and Aegon.
The Monetary Authority of Singapore (MAS) plans to transfer S$45 billion ($33 billion) of the country’s foreign exchange reserves to GIC Private for deployment in longer-term investments.
Chinese artificial intelligence (AI) developer Megvii Technology has raised $750 million in Series D funding led by Bank of China Group Investment. It brings the company’s valuation to around $4 billion.
China-based third-party car rental platform Zuzuche has received Series C funding from Qiming Venture Partners.
Indian health and fitness start-up CureFit has raised $75 million from a group of investors including Accel Partners, Kalaari Capital, and Chiratae Ventures.
Duiba, operator of a China-based interactive advertising platform and software-as-a-service (SaaS) management system for online businesses, traded flat on its Hong Kong debut, following an IPO of HK$766.2 million($97.6 million).