EschCollectionFrom our Singapore headquarters, the GPCA Asia research team covers China, Southeast Asia, India and neighboring South Asian markets.
An archive of Asia research reports can be found here.
Members can access GPC Analytics for a ten-year archive of Asian private capital transactions and data cuts.
Team
Felicia Chia, Asia Director
Alex Fichter, Manager, Research
Jia Xin Ong, Manager, Marketing & Membership
Yao Hwee Heng, Senior Analyst, Research
Darsh Parekh, Analyst, Research
Steve Okun, Senior Advisor
Asia Research
2023 Emerging Tech Trends in Asia
28 February 2023As digitization spreads across industries and with the continued growth of venture capital, tech investment has grown to represent the majority of private capital activity in Asia, even amidst the… Read More
Private Credit in Asia: Opportunities and Themes for 2023
28 February 2023Both long-term structural trends and recent shifts in market dynamics are driving the growth of private credit activity in Asia, which reached record levels in 2022. This report explores recent… Read More
2023 Trends in Global Tech
21 February 2023Overview GPCA’s annual Trends in Global Tech report traces venture capital flows across Africa, India, China, Southeast Asia, Latin America, Central & Eastern Europe and the Middle East. Amidst a… Read More
2023 Industry Data & Analysis
21 February 2023Private capital investment activity across GPCA’s markets remained strong by historical standards in 2022, with fund managers deploying USD208b. Overall deal value declined 22% from 2021, yet 2022 was still… Read More
2022 Southeast Asia Data Insight
29 March 2022Despite rolling COVID-19 travel restrictions across much of Southeast Asia in 2021, investments reached a record USD21.5b with e-commerce, logistics and payments companies leading the way Additional analysis includes: Highlights… Read More
2022 India Data Insight
29 March 2022Private capital investment in India concentrated in the consumer goods & services industry with a record USD23.5b invested in 2021 as companies targeted the second-largest consumer market globally. Additional analysis… Read More
2022 Global Private Capital Industry Data & Analysis
16 February 2022GPCA Members can log in to download the complete 2022 Industry Data & Analysis Excel file. GPCA data through year-end 2021 across Asia, Latin America, Africa, CEE and the Middle… Read More
Mid-Year 2021 Global Private Capital Industry Data & Analysis
16 September 2021GPC 1H 2021 data on fundraising, investment and exit activity across Asia, Latin America, Africa, CEE and the Middle East Key data takeaways: All major markets posted year-over-year gains… Read More
2022 Southeast Asia Startup Directory
22 February 2022GPCA Members can log in to receive exclusive access to the underlying data (Excel). VC funding in Southeast Asia reached a record high of USD10.3b in 2021. Our inaugural Southeast Asia Startup Directory… Read More
China 2021 Data Insight
26 May 2021Rebounding quickly from the pandemic, China VC activity drove private capital investment to USD72b in 2020 Private capital fund managers invested a record USD72b in China in 2020, driven by… Read More
Emerging Tech Trends in Southeast Asia: Foodtech, Fintech, Healthtech and Edtech
8 November 2021COVID-19 has accelerated digital transformation in Southeast Asia. As the digital economy expands, so does investment in tech-enabled businesses. According to data compiled by GPCA, technology deals accounted for 83%… Read More
GPCA Trends in Global Tech
16 February 2022GPCA’s annual Trends in Global Tech report traces venture capital flows across Africa, India, China, Southeast Asia, Latin America, Central and Eastern Europe and the Middle East. With VC representing… Read More
India 2021 Data Insight
31 March 2021GPs deployed a record USD29.5b in India, targeting longterm technology, healthcare, and infrastructure opportunities Private capital deal value in India reached new highs in 2020, even as the pandemic and… Read More
Southeast Asia 2021 Data Insight
31 March 2021After a record-breaking 2019, GPs raised USD1.9b Southeast Asia-dedicated funds raised USD1.9b in 2020 as fewer venture capital (VC) managers returned to raise capital after a historic year in 2019.… Read More
Asia News
General Atlantic, Sequoia China and Mubadala Lead USD2b Round for China’s Shein
Shein, a China-based global fashion retailer, raised a USD2b round at a reported valuation of USD66b led by General Atlantic, Sequoia China and Mubadala, with participation from Tiger Global Management… Read More
Headline Asia Leads USD6.6m Pre-Series B for Singapore’s Jenfi
Headline Asia led a USD6.6m pre-Series B for Jenfi, a Singapore-based revenue-based financing platform for businesses, with participation from ICU Ventures, Granite Oak, Korea Investment Partners & Golden Equator Capital… Read More
Temasek Invests ~USD225m in India’s PolicyBazaar
Temasek invested INR18b (~USD225m) in India-based insurance aggregator PolicyBazaar. Read More
Warburg Pincus and Northstar Group Lead USD80m Round for Singapore’s Advance Intelligence Group
Warburg Pincus and Northstar Group led a USD80m round for Advance Intelligence Group, a Singapore-based financial technology firm. Read More
Quadria Capital Acquires Majority Stake in Malaysia’s Straits Orthopaedics
Quadria Capital acquired a majority stake in Straits Orthopaedics, a Malaysia-based medical device manufacturer focused on orthopaedics. Read More
Monk’s Hill Ventures Reaches USD200m Final Close for Fund III
Monk’s Hill Ventures reached a USD200m final close for its third early-stage fund focused on tech investments in Southeast Asia. The vehicle had a target of USD150m. Read More
General Atlantic Invests Additional USD100m in India’s PhonePe
General Atlantic invested an additional USD100m in PhonePe, an India-based mobile payments app. General Atlantic first invested USD350m in January 2023. Read More
Temasek and Steadview Capital To Lead USD90m Investment in India’s Atomberg
Temasek and Steadview Capital agreed to lead a USD90m investment in Atomberg, an India-based energy efficient fan manufacturer. Read More
Spotlight on Better Tech: Tricog Health
Company: Tricog Health Co-Founders: Dr. Charit Bhograj (CEO), Zainul Charbiwala (CTO) Headquarters: Singapore Markets of Operation: India, Southeast Asia and Africa Investors: Blume Ventures, Inventus Capital, University of Tokyo Edge… Read More
Mizuho Financial Group Leads USD270m Series D for Indonesia’s Kredivo Holdings
Mizuho Financial Group led a USD270m Series D for Kredivo Holdings, an Indonesia-based credit services platform, with follow-on from Openspace Ventures, Square Peg Capital, Jungle Ventures, Naver Financial Corporation and… Read More
Temasek To Acquire Controlling Stake in India’s Manipal Health for ~USD2b
Temasek agreed to acquire an additional 41% stake in Manipal Health, an India-based chain of multi-specialty hospitals for INR165b (~USD2b), to become the majority shareholder. Read More
India’s Magenta Mobility Raises USD22m Equity Round
Magenta Mobility, an India-based EV charging station provider, raised a USD22m equity round from Morgan Stanley and BP Ventures. Read More