EMPEA Members log in to receive exclusive access to the detailed report (PDF) and underlying data (Excel). Download the Year-End 2017 Statistics (PDF) » Fundraising highlights from EMPEA’s Year-End 2017 Industry Statistics: The composition of fundraising by strategy has shifted as venture capital, infrastructure and private credit… Read More
India-based Hiveloop Technology, which operates business-to-business (B2B) e-commerce platform Udaan, has raised a US$50 million Series B round led by existing investor Lightspeed Venture Partners and new investor Yuri Milner, who invested through his Apoletto Fund. Lightspeed reportedly invested between US$30 million and US$35 million while Yuri Milner accounted for… Read More
Southeast Asia-focused venture capital fund manager Insignia Ventures Partners has reportedly reached a final close for its first fund with US$120 million in capital commitments. Insignia Ventures Partners Fund I targets Southeast Asia-based technology startups. Read More
Korea-focused private equity fund manager VIG Partners has agreed to acquire an 83 percent stake in Korea-based food wholesaler WinPlus for KRW74 billion (approximately US$69 million) through its third fund. The deal includes a primary capital injection of KRW45 billion (approximately US$42 million). With VIG’s support, WinPlus plans to open… Read More
China- and Southeast Asia-focused private equity firm NDE Capital has reached a third close for NDE Capital II with US$357 million in capital commitments. The fund, which has surpassed its initial US$350 million hard cap, is reportedly targeting US$450 million in total capital commitments. Investors in the fund include development… Read More
India-based SME financing platform Lendingkart has raised a US$87 million Series C round led by Singapore-based Fullerton Financial Holdings. Existing investors Sistema Asia Fund, Bertelsmann India Investments, Mayfield Fund, India Quotient and Saama Capital also participated in the round. Lendingkart will use the new funds to improve its technological and… Read More
China-based online retailer JD.com has agreed to sell a stake in its logistics arm, JD Logistics, for US$2.5 billion to a group of investors including private equity fund managers Hillhouse Capital and Sequoia Capital. China-based strategic investors China Merchants Group, Tencent Holdings and China Life Insurance also participated in the… Read More
India-focused venture capital fund manager Omnivore Partners has reached a first close for Omnivore Partners India Fund II with US$46 million in capital commitments. Investors in the fund include development finance institutions KfW, the Dutch Good Growth Fund and Small Industries Development Bank of India (SIDBI), the Rockefeller Foundation, the… Read More
Early-stage technology investor NSI Ventures, the venture arm of Southeast Asia-focused alternative investment fund manager Northstar Group, has led a Series A round for Singapore-based online insurance provider Axinan. Existing investor Linea Ventures and other undisclosed investors also participated in the round. Axinan plans to use the new capital to… Read More
Thailand-focused private equity fund manager Lakeshore Capital has invested in Thailand-based wellness-oriented personal care brand Panpuri through Lakeshore Capital I. The new funds will support marketing and research and development efforts. Panpuri operates a global network of more than 40 stores selling bath and skincare products, as well as signature… Read More
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