SBCVC and New Horizon Capital have led a RMB1 billion ($119 million) Series C round for Chuchujie, a Chinese mobile e-commerce platform.
Shenzhen-based Stone VC and Eastern Bell Venture Capital also participated. Founded in 2011, Chuchujie started as a shopping guide platform that provided information on deals - priced at RMB9.90 or below...
Lewis Rutherfurd of Inter-Asia Venture Management, Brooks Zug of HarbourVest Partners, Dan Carroll of Brooklands Capital Strategies, and Piau-Voon Wang on how private equity got started in Asia
Indian mid-market private equity firm Paragon Partners has closed its debut fund at $120 million.
Tencent Holdings has led a $40 million Series C round of funding for Shenzhen-based Ubtech Robotics, a humanoid robot maker backed by CDH Investments and Goldstone Investment.
Emerald Media, an Asian investment platform created by KKR, has led a $65 million Series B funding round for Thailand-based online retailing services company aCommerce.