China-based B2B liquor-trading platform Yijiupi has raised a $100 million Series C round led by existing investor Greenwoods Asset Management.
Source Code, Lighthouse Capital, HG Capital and China online-to-offline local services platform Meituan-Dianping also participated in the round. Set up in September 2014, Yijiupi serves as an information...
Baidu Capital, a VC firm backed by Chinese search engine Baidu, has led a round of funding for WM Motor Technology, a Chinese electric vehicle manufacturer.
NSI Ventures has reached a first close of approximately $60 million on its second Southeast Asia venture capital fund and also participated in a $5 million Series A round for Singapore-based digital healthcare company Biofourmis.
The International Finance Corporation (IFC), the investment arm of the World Bank, is considering a commitment of up to $20 million in the third India-focused vehicle of Lighthouse Funds.
GenBridge Capital, a private equity firm set up by former executives from Chinese online retailer JD.com and TPG Capital, has closed its debut consumer-focused fund at the hard cap of $500 million.