Northern Light Venture Capital (NLVC) has led a Series A round of funding for Maihaoche.com, a Chinese automotive e-commerce platform that specializes in parallel imports.
The investment amounts to hundreds of millions of renminbi. Innovation Works has also participated in the round. Hangzhou-based Maihaoche.com was founded last July by a group of former employees of Alibaba...
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.