Indonesia-based ride-hailing, delivery and personal services platform Go-Jek has raised a US$1.5 billion Series E investment round from a consortium of new and existing investors. The consortium includes internet and technology companies Google, Tencent Holdings, JD.com and Meituan-Dianping; Singaporean sovereign wealth fund Temasek Holdings; fund managers BlackRock, KKR, Warburg Pincus,… Read More
Samena Capital, a principal investment group focused on the Indian subcontinent, the Middle East and North Africa, and Cenova Capital, a fund manager focused on health care in China, have invested US$83 million in Hong Kong-based medical services provider Virtus Medical Holdings. The company’s management team also participated in the… Read More
China-based online credit assessment and reporting company Wecash Technology has raised a US$160 million Series D funding round led by corporate venture capital firm ORIX Asia Capital and SEA Group. Susquehanna International Group (SIG), Sagamore Investments, Forebright Capital, Lingfeng Capital and Hongdao Capital also participated in the round. Wecash plans… Read More
IQGEN Holdings, an investment advisory firm focused on health care in Asia, has reached a final close for its debut fund with US$25 million in capital commitments. Investors in the Vantage fund include high-net worth individuals and family offices. The fund, which will invest in markets including India, Malaysia, Singapore… Read More
India-focused venture debt fund manager Alteria Capital has reached a first close for Alteria Capital India Fund I with INR3.56 billion (approximately US$55 million) in capital commitments. Investors in the fund include India-based IndusInd Bank and a family office foundation. The fund, which is targeting INR8 billion (approximately US$123 million)… Read More
China-based internet and technology company Tencent Holdings has led a US$818 million Series C investment round for China-based used automobile retail platform Chehaoduo, previously known as Guazi. Existing investors Sequoia Capital China, H Capital, DST Global, Capital Today, Shougang Fund and Shanhang Capital Investment also participated in the round, along… Read More
India-focused venture capital fund manager WaterBridge Ventures has reached a final close for its maiden fund with US$30 million in capital commitments. The fund will make early-stage investments in technology-focused startups across various sectors in India. Read More
Global alternative investment firm KKR has partially exited its stake in India-listed coffee shop operator Coffee Day Enterprises. KKR, which originally invested in the company in 2010, sold a total of 12.5 million shares for INR4.05 billion (approximately US$62 million) on the open market. Read More
NASDAQ-listed and China-based mobile social networking platform Momo has agreed to acquire a 100 percent equity stake in China-based social and dating application Tantan for a consideration of 5.3 million newly issued Class A ordinary shares in Momo and US$601 million in cash. Previous investors in Tantan include Genesis Capital,… Read More
Singapore- and India-based retail software solutions provider Capillary Technologies has raised US$20 million from a consortium including global private equity fund managers Warburg Pincus and Sequoia Capital. The round also includes a secondary investment of US$2.5 million from LionRock Capital, facilitating an exit for employees and early-stage angel investors. Capillary… Read More
(default archive template)