US-based early-stage investor 500 Startups has agreed to establish its Australian headquarters in Melbourne after receiving financial support from the state government of Victoria.
Government-backed accelerator LaunchVic has committed A$2.9 million ($2.2 million) to the expansion effort. It will support the establishment of a program aiming to bridge the local ecosystem with 500’s...
China healthcare-focused GP C-Bridge Capital and Tasly Holding, a traditional Chinese medicine business, have agreed to invest $150 million in a newly-created entity formed through the merger of two local pharmaceutical companies.
Kuaishou, a Chinese live-streaming video app backed by VC investors and search engine Baidu, has raised $350 million in a new round of funding led by Tencent Holdings.
The Riverside Company has completed its second deal in Malaysia as Drex-Chem Malaysia (now known as DCM Asia), the chemicals distributor it bought in 2014, acquired Erapoly Marketing.
The Carlyle Group has led an investment of more than $100 million in Indian delivery e-commerce logistics service Delhivery. Existing backer Tiger Global Management also took part in the funding round.