Chinese fitness app developer Hotbody has raised approximately RMB100 million ($15 million) in a new round of funding led by domestic GP Haodao Capital, with participation from existing investor Ameba Capital.
Launched in January 2015, Hotbody provides free online fitness courses, enabling users to manage their training schedule and record health data through the app. The company has expanded into other sport...
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.