The International Finance Corporation (IFC), the investment arm of the World Bank, is considering a $10 million investment in Indian logistics company Zinka Logistics Solutions.
US-based VC investor OpenView has committed $25 million in Series A funding to Australian workforce management software developer Deputy.
China VC-backed UrWork, a co-working space provider for start-ups, has raised a RMB400 million ($58 million) Series B round of funding at a post-money valuation of about $1 billion.
500 Startups has reached a final close of $15.4 million on its Thailand-focused early-stage fund. It had originally targeted $10 million.
INSEADAlum Ventures, a seed-stage investor focused exclusively on INSEAD alumni, has raised its debut fund from a group of graduates keen to give back to the school where they got their start
Moran Cognitive Technology, a China-based artificial intelligence (AI) start-up, has received $10 million in a funding round co-led by Matrix Partners China and Source Code Capital.
Nexus Venture Partners has led a $5 million Series A round of funding for Indian managed accommodation platform Zolo.
Blume Ventures and Nexus Venture Partners have led a INR300 million ($4.4 million) Series A round of funding for Indian free-to-use learning platform operator Unacademy.
C-Bridge Capital participates in a $100 million Series B round of funding for biotechnology Ascletis alongside existing backer Goldman Sachs and a number of its LPs
Singapore-based East Ventures has raised $27.5 million for a fund that will invest in early-stage technology companies in Southeast Asia.
Campus incubators intended to channel entrepreneurial talent at Indian universities into competitive start-ups have a patchy track record. VC investors must consider what this means for early-stage deal flow
Hong Kong-based delivery start-up Lalamove has raised a $30 million Series B round of funding led by Xianghe Capital, a China-focused VC fund set by a former Baidu executive.
Mumbai-based logistics services company Leap India has secured about $13 million in a Series B funding round led by new investors IndiaNivesh Growth Fund, Sixth Sense and TCI Ventures.
Fifteen start-ups backed by IDG Capital Partners achieved valuations of $1 billion or more in 2016, taking the total number of unicorns in the China-focused VC firm’s portfolio to 26 over the past 12 years.
Chinese automotive financing platform Chedai.com has raised a RMB360 million ($52 million) Series B round of funding led by domestic PE fund managers You Jin Capital and Addor Capital.
Korean tech giant Samsung Electronics has launched a $150 million global venture capital fund via its US-based incubation and acceleration unit.
Early-stage investor SOS Ventures – known for accelerator programs such as China-based HAX and Chinaccelerator – has closed its third global VC fund at $150 million.
Khailee Ng, managing partner at 500 Startups, discusses the development of venture capital in Southeast Asia
Israeli venture capital firm Yozma Group has agreed to invest KRW50 billion ($41.4 million) in Korean biotechnology and healthcare start-ups, starting in the first half of 2017.
Healthcare-focused PE firm C-Bridge Capital has led a Series B round of funding worth $100 million for Ascletis, a Chinese biotechnology company that specializes in treatments for liver disease.
Chinese investment group Puji Capital has formed a joint venture platform with domestic property developer Galaxy Holdings that will invest in more than 10 start-up and growth companies across mobile gaming, media technology and consumer hardware.
Taiwan-based live broadcasting platform New Entertainment has raised $25 million in Series A funding led by Chinese video streaming app Inke.
Chinese online truck logistics platform Huochebang has raised $114.68 million in an initial Series B round of funding led by the International Finance Corporation (IFC) and All-Stars Investment.
Shailendra Singh, managing director at Sequoia Capital India, discusses the long-term thinking in emerging markets’ rapidly changing tech ecosystems