Canva gathers $70m funding in deal that values Australian unicorn at $2.5b

The deal marks Mary Meeker's debut investment from her new VC firm.

Private Equity

ESR closes Japan Logistics Fund III with initial $1.8b investment capacity

The fund brings together two partners for a total initial equity of $630 million.

Private Equity

SC Capital’s Fund V to miss $1b target, final close this week

SC Capital is set to make a final close at $750 million for its fifth Asia opportunistic fund.

Unicorns

Indonesia’s Bukalapak eyes international markets with new platform

Deals

Indonesia’s Tokopedia said to be in talks to acquire local agritech startup Sayurbox

Private Equity

Rest of Asia

ESR closes Japan Logistics Fund III with initial $1.8b investment capacity

The fund brings together two partners for a total initial equity of $630 million.

India

India: Warburg Pincus, Runwal Group form JV for shopping mall platform

Both partners will commit $200 million each, in the form of equity, and raise another $600 million in the form of debt.

Singapore

SC Capital’s Fund V to miss $1b target, final close this week

SC Capital is set to make a final close at $750 million for its fifth Asia opportunistic fund.

Venture Capital

India

India: Endiya Partners hits first close of second fund at $40m

Endiya’s portfolio includes consumer lending firm Kissht, and Binny Bansal-backed diagnostics startup SigTuple.

World

Canva gathers $70m funding in deal that values Australian unicorn at $2.5b

The deal marks Mary Meeker's debut investment from her new VC firm.

China/HK

Chinese cold chain service provider Jiuye closes CMH-led Series C+ round

The latest funding round marks the sixth injection of investment in Jiuye in four years.

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Q & A

Rest of Asia

We expect to break even in ride-sharing in 3-4 years, says Pathao COO Pardeep Grewal

Singapore

We are Asia’s first truly cross-border seed fund: STRIVE’s Nikhil Kapur

China/HK

Business service sectors ripe for platform roll-up play: Pantheon’s Jie Gong

Singapore

Despite larger vehicles, PE firms are becoming more cautious: Cyrus Driver, Partners Group

Deals

India

India Dealbook: ICICI Bank, L&T-Mindtree, Aircel in M&A news

L&T on Monday increased its shareholding in Mindtree to 26.53 per cent.

World

New Zealand startup BioLumic raises $1.5 m from Canada’s Canopy Rivers

The investment is a part of the startup’s $6.7 million Series A funding round.

World

Temasek joins $335m equity funding round in France’s Tikehau Capital

The fundraising also includes reinvestments by Tikehau Capital’s founders, managers, among other investors.

IPOs and Markets

Rest of Asia

Goldman Sachs to test Saudi Arabia’s market rules to limit stock swings post IPO

The US bank is acting as stabilization agent for Arabian Centres, which may start trading this week.

China/HK

HK-listed Hanergy Thin Film to delist on June 11

Its shareholders approved the plan to take the company private and re-list it in mainland China.

China/HK

Ping An fintech unit OneConnect picks banks for up to $1b HK IPO

OneConnect would join another unit of Ping An - Ping An Good Doctor - in listing in Hong Kong.

Opinion

World

Does Uber’s IPO outing make SoftBank’s Son a savvy investor or shopaholic?

Policy & Regulations

Malaysia

Malaysia’s SC announces new ECF and P2P platform operators

With the addition of the new ECF and P2P financing players, there are now 21 market-based financing platform operators registered in Malaysia.

World

China’s Huawei Tech’s $105b business at stake after US broadside

A similar US ban on China's ZTE Corp had almost crippled its early last year before the curb was lifted.

China/HK

Shanghai-London stock exchange tie-up unlikely to happen this year

The Shanghai-London Stock Connect project started in 2015.

Canva gathers $70m funding in deal that values Australian unicorn at $2.5b

ESR closes Japan Logistics Fund III with initial $1.8b investment capacity

SC Capital’s Fund V to miss $1b target, final close this week

Indonesia’s Bukalapak eyes international markets with new platform

Indonesia’s Tokopedia said to be in talks to acquire local agritech startup Sayurbox

Don't miss our daily brief

ESR closes Japan Logistics Fund III with initial $1.8b investment capacity

India: Warburg Pincus, Runwal Group form JV for shopping mall platform

SC Capital’s Fund V to miss $1b target, final close this week

India: Endiya Partners hits first close of second fund at $40m

Canva gathers $70m funding in deal that values Australian unicorn at $2.5b

Chinese cold chain service provider Jiuye closes CMH-led Series C+ round

Unlock Your Competitive Advantage

Indonesia’s Bukalapak eyes international markets with new platform

Minister confirms GOJEK interest in Malaysia expansion

Australian tech unicorn Canva acquires stock image providers Pexels, Pixabay

We expect to break even in ride-sharing in 3-4 years, says Pathao COO Pardeep Grewal

We are Asia’s first truly cross-border seed fund: STRIVE’s Nikhil Kapur

Business service sectors ripe for platform roll-up play: Pantheon’s Jie Gong

Despite larger vehicles, PE firms are becoming more cautious: Cyrus Driver, Partners Group

India Dealbook: ICICI Bank, L&T-Mindtree, Aircel in M&A news

New Zealand startup BioLumic raises $1.5 m from Canada’s Canopy Rivers

Temasek joins $335m equity funding round in France’s Tikehau Capital

Goldman Sachs to test Saudi Arabia’s market rules to limit stock swings post IPO

HK-listed Hanergy Thin Film to delist on June 11

Ping An fintech unit OneConnect picks banks for up to $1b HK IPO

Starbucks rival Luckin Coffee lists on Nasdaq with cars-to-lattes plan

AIFs got capital commitments worth $17b in fiscal 2019

Lazada’s quarterly revenue falls 4% but other positives emerge

Numerous SPV structures could be why Lyft, Uber IPOs flopped

What Uber’s much-delayed market debut can teach other unicorns

China’s tech titans under pressure to maintain growth momentum

Does Uber’s IPO outing make SoftBank’s Son a savvy investor or shopaholic?

Malaysia’s SC announces new ECF and P2P platform operators

China’s Huawei Tech’s $105b business at stake after US broadside

Shanghai-London stock exchange tie-up unlikely to happen this year

Everstone ropes in former Wipro top exec Suresh Vaswani to boost IT investments

People Digest: Citibank hires Singapore CEO; FundRock names Asia markets MD

StanChart to hire JPMorgan’s top mining banker in Asia