Official Record
Deal focus: Gridtential charges up for Asia expansion
US-based Gridtential is looking to bring its innovative battery technology to Asian markets with the help of 1955 Capital and several strategic investors
Fund focus: OrbiMed scales up for Fund III
US-based healthcare specialist investor OrbiMed once again raises the bar with the closing of its oversubscribed third Asia fund
Deal focus: Lock & Lock primed for regional expansion
Affinity Equity Partners is betting on Asian appetites for high-quality food containers in its acquisition of South Korea's Lock & Lock
Deal focus: Navis’ Asia poultry play takes flight
Navis Capital Partners' bet on UK-based Cherry Valley Group seven years ago has paid off with a sale to two Chinese agribusiness investors
Deal focus: GoGoVan, 58 Suyun seek Asia logistics dominance
Online logistics platforms GoGoVan and 58 Suyun have combined their complementary business models to fuel their Asia expansion plans
Deal focus: Just delivers on cross-border promise
Lilly Asia Ventures, Arch Ventures and Temasek have backed the expansion of Just Biotherapeutics' China-based manufacturing and research operation
Deal focus: EmergeVest doubles its money on denim deal
EmergeVest has secured its debut exit with a $400 million trade sale of denim and garment maker JD United Manufacturer
Deal focus: VCs to rebalance Indian shortcoming
Lifestyle changes due to economic development in India are impacting the country's disease patterns. Fidelity International is bringing much needed venture capital to a medical research space addressing the issue
Deal focus: CMIA monetizes Muslim growth
Bitsmedia Holdings' Muslim Pro app is highlighting new marketing potential in growing Muslim populations. CMIA Capital Partners and Malaysia's Affin Hwang Asset Management have taken a controlling stake in the company
Deal focus: Momenta brings brains to self-driving cars
Fast-rising autonomous driving software developer Momenta started signing up paying customers for its products within a year of launch. The company's $46 million Series B round will help it take the next step
Deal focus: Fabhotels gets room to grow
Fabhotels has received $25 million in Series B funding from Accel Partners and Goldman Sachs to give India's budget hotel space a technology-enabled upgrade
Deal focus: Liulishuo bridges the learning gap
China's Liulishuo wins $100 million in funding for an adult-focused education app that uses artificial intelligence to bring customized teaching solutions to English language learners
Deal focus: KKR hits the gas on Korea auto carve-out
KKR has backed two divisions of Korea's LS Group - worth a combined $940 million - giving it exposure to an established auto parts business and a division that could prosper on the back of the electric car boom
Deal focus: VCs see potential in karaoke booths
Telephone booth-sized karaoke units in shopping malls are the latest penchant among China's emerging middle-class millennials. A group of VCs has invested $15 million in MiniKTV to support a nationwide roll-out
Deal focus: CITIC Capital, 3i team up in auto services
CITIC Capital and 3i have together committed $265 million to Formel D with a view to helping the German auto testing and inspection business expand its footprint in Asia
Deal focus: Naked Hub scales up for WeWork challenge
Asian co-working space operators Naked Hub and JustCo have decided to join forces to fend off competition from WeWork, a US-based sector leader now encroaching on the regional market. As a joint expansion program rolls out, pricing control will be a key...
Deal focus: PE lights up CleanMax’s global plans
Indian rooftop solar panel company CleanMax Solar is looking to expand its geographic footprint and operational range on the back of a fresh commitment of $100 million from Warburg Pincus. The Middle East and energy storage will be initial focus areas
Deal focus: JD.com plugs Farfetch into China
Having previously distanced itself from mainstream e-commerce players, luxury online fashion retailer Farfetch has received $397 million from JD.com with a view to entering the China market
Deal focus: EMIA rethinks financial services in Cambodia
Emerging Markets Investment Advisors is backing iCare Benefits to develop workable credit schemes for low-income consumers in Southeast Asia through partnerships with employers and product suppliers
Fund focus: Thailand gets serious about fintech
Expara Thailand and Premier Advisory Group have been appointed to manage two funds with a combined corpus of $44 million that are intended to push forward the country's financial technology agenda
Deal focus: Seven Dreamers makes laundry robot a reality
KKR co-founders Henry Kravis and George Roberts and Fosun International have joined a $22.8 million Series C round for Seven Dreamers, which will use the capital to accelerate production of its Laundroid
Fund focus: Intudo targets SE Asia’s sea turtles
Intudo has raised $10 million for a venture capital fund that will bring fast-growing start-ups from Silicon Valley and China to Southeast Asia
Deal focus: CounterTack locks up funding for security
At a time when websites have never seemed more vulnerable, CounterTack has a software solution that can plug holes in online security systems. It has raised $20 million in Series D funding to support expansion
Fund focus: Safe hands
With $9.3 billion in dry powder, KKR aims to capitalize on growing big-ticket opportunities in the region. The large and rapid fundraise is further evidence of the flight to quality among LPs