Featured
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Standard Chartered Private Equity acquires Chinese beauty center operator Siyanli
Standard Charted Private Equity (SCPE) has acquired a majority stake in Siyanli, a Chinese beauty center operator. Post-acquisition, Zhu Wei will take the role of chairman at Siyanli.
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Japanese mobile payments startup Coiney secures US$7.1 million funding from INCJ, DDH and SBI Investments
Coiney, a Japanese mobile payments startup that uses an AI-integrated credit service for financial institutions announced today that it has raised funds worth 800 million yen (about US$7.1 million).
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Razer acquires Nextbit, the maker of cloud-based smartphone Robin
Nextbit, the startup responsible for cloud-based smartphone Robin has become part of the Razer Family. However, Nextbit will remain as a standalone business, continuing to support the Robin smartphone while enhancing the Android ecosystem.
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Vietnamese buyout firm PHI Group to acquire majority stake in agribusiness HMC
PHI Group, a U.S.-based private equity investment firm has recently acquired the majority stake in Vietnamese agricultural company HMC which specialises in the cultivation and processing of turmeric.
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Indonesian game developer Toge Productions raises funding from Zhexin’s DNC to kickstart international expansion
Indonesian game developer Toge Productions raises funding to kickstart international expansion
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Travel site Ixigo secures US$15 million funding round participated by Fosun, Sequoia Capital
This deal marks the Chinese investment conglomerate, Fosun’s first venture transaction in India, a year after it has set up a local team in India.
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Japanese Enechange raises US$4.4 million from Opt Ventures, IMJ for marketing and overseas projects
Japan’s Enechange, a startup that challenges power liberalisation businesses raises 500 million yen (about US$4.4 million) to strengthen marketing and overseas business development.
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Chinese online education startup XueBaJun secures US$100 million Series C co-led by China Merchants Capital and EasyCapital
Chinese online education startup XueBaJun announced that it has secured a US$100 million Series C round. The education startup independently developed robot is also going to participate in the 2017 college entrance examination.
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Chinese accelerator ZDream Ventures acquires startups database provider Xeler8
Chinese accelerator ZDream Ventures has on Thursday acquired India-based startup database provider Xeler8. The financial details of the transaction was not disclosed.
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Chinese hotel management GreenTree Group to buy CVC-backed Da Niang Dumplings
Owner of Green Oriental Hotel and GreenTree Inn Hotel, China hotel management group GreenTree has crossed the border and entered into the catering business via its acquisition of Da Niang Dumplings.