Hong Kong, China
EschCollection/Stone via Getty Images

From 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

GPCA’s Asia headquarters in Singapore represents leading fund and institutional investors based in Southeast Asia and builds bridges among investors across global markets. Learn More.

Asia Research

Tracking Cross-Border Private Capital: New Links Between Asia and the Middle East

27 February 2024
Strengthening diplomatic relations, economic integration and strategic technology transfers are reshaping the private capital investment landscape between the Middle East and Asia. Investors and portfolio companies in Asia are increasingly… Read More

2024 Industry Data & Analysis

20 February 2024
GPCA’s 2024 Industry Data & Analysis features in-depth private capital data, commentary and analysis on key trends across global markets.   Key data takeaways:   Overall private capital deal value across GPCA’s markets… Read More

Fintech in India: The Evolution of the Investment Landscape

17 October 2023
This report delves into the latest fintech developments in India and highlights the evolution of major private capital investment themes based on GPCA’s proprietary dataset and discussions with GPCA Members.… Read More

Healthcare in Asia: The Growing Opportunity for Private Capital

26 September 2023
Changing demographics and rising incomes are driving growth in the healthcare industry across Asia.​ Despite growing demand, significant gaps in key segments of the healthcare landscape remain, fueling a long-term… Read More

2023 Emerging Tech Trends in Asia

28 February 2023
As 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 2023
Both 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 2023
Overview 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 2023
Private 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 2022
Despite 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 2022
Private 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 Southeast Asia Startup Directory

22 February 2022
GPCA 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

2022 Global Private Capital Industry Data & Analysis

16 February 2022
GPCA 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

GPCA Trends in Global Tech

16 February 2022
GPCA’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

Emerging Tech Trends in Southeast Asia: Foodtech, Fintech, Healthtech and Edtech 

8 November 2021
COVID-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

Mid-Year 2021 Global Private Capital Industry Data & Analysis

16 September 2021
GPC 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

China 2021 Data Insight

26 May 2021
Rebounding 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

India 2021 Data Insight

31 March 2021
GPs 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 2021
After 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

Triple P Capital To Raise for USD200m Climate Fund II

Triple P Capital agreed to raise USD200m for its second fund focusing on the climate sector, specifically climate adaptation and resilience in Southeast Asia.  Read More

Actis Exits 75% Stake in Indonesia’s SIS Group to Adivira Capital

Actis exited its 75% stake in SIS Group, an Indonesia-based private school chain operating in Indonesia, India, South Korea and Myanmar, via a sale to Adivira Capital. Read More

ADB Ventures To Raise USD200m for Asia Climate Fund

ADB Ventures agreed to raise USD200m for its climate fund, focusing on Series A and pre-Series A startups in Asia. Read More

China’s Lotus Technology listed on Nasdaq via SPAC Merger with L Catterton’s SPAC

China-based electric vehicle manufacturer Lotus Technology listed on the Nasdaq through a merger with L Catterton’s SPAC, raising ~USD880m at a reported valuation of USD7b. Read More

Lakeshore Capital Exits Thailand’s NDB Healthcare to Suntory Wellness

Lakeshore Capital fully exited NDB Healthcare, a Thailand-based health products manufacturer, via a sale to Suntory Wellness. Read More

Monk’s Hill Ventures and Others Exit Singapore’s Doyobi to ErudiFi

Monk’s Hill Ventures, 500 Southeast Asia, Hustle Fund and Teja Ventures exited Doyobi, a Singapore-based education platform for kids 8-12, through a strategic sale to ErudiFi. The sellers will swap… Read More

Singapore’s Transparently.AI Raises USD3m Pre-Series A from Franklin Templeton

Transparently.AI, a Singapore-based fraud detection platform, raised a USD3m pre-Series A from Franklin Templeton, valuing the company at USD20m. Read More

EQT Private Capital Asia Exits India’s CMS Info Systems for ~USD187m

EQT Private Capital Asia (formerly BPEA EQT) fully exited its 26.7% stake in India-based cash management platform CMS Info Systems for INR15.47b (~USD187m).  Read More

TPG NewQuest Leads USD100m Investment in India’s Shadowfax

TPG NewQuest led a USD100m Series E for Shadowfax, an India-based logistics and delivery platform, with participation from Mirae Asset Venture Investments, Flipkart, IFC, Nokia Growth Partners and others. The… Read More

Integra Partners Leads USD4.1m Pre-Seed Round for Philippines’ ProCredit

Integra Partners led a USD4.1m pre-seed round for ProCredit, a Philippines-based lending platform for SMEs, with participation from the Menardo Jimenez Family Office, M Venture Partners, Cento Ventures, Gobi Partners… Read More

CVC Capital Partners Reaches USD6.8b Final Close for Asia VI

CVC Capital Partners reached a USD6.8b final close for its sixth Asia fund focused on control, co-control and partnership investments in core consumer and services sectors across the region. Read More

Seviora Capital and Temasek Launch T3F Strategy Fund

Seviora Capital and Temasek launched the T3F Strategy fund, focusing on late-stage venture and early-growth agri-food companies across the Asia Pacific.  Read More