CreditEase Insurance Agency, an insurance unit of China’s CreditEase Wealth Management, has raised RMB80 million ($12 million) from investors including IDG Capital through a private placement on the National Equities Exchange and Quotations (NEEQ).
A group of investors including GSR Ventures has committed $15 million to C3Nano, a US-based supplier for the touchscreen and digital display industry looking to expand its footprint in China and Korea.
Banuba, a Hong Kong-based developer of technologies for augmented reality (AR) mobile applications, has raised $5 million from VP Capital and Larnabel Ventures.
Beijing-based Anxin Doctor, a mobile app focused on pediatric and women's healthcare, has completed a RMB200 million ($29 million) Series B round of funding across two tranches.
Ant Financial, the financial services affiliate of China’s Alibaba Group, has agreed invest $200 million in a dedicated mobile finance platform that will soon be launched by South Korean internet giant Kakao Corp.
China’s iQiyi.com, a video-streaming platform majority-owned by search giant Baidu, has raised $1.53 billion from a group of private equity investors through the sale of convertible notes.
Meituan-Dianping, a China-based online-to-offline (O2O) services platform created through the merger of two rival groups, has launched a RMB3 billion ($436 million) fund that will make early-stage consumer sector investments.
Jenny Lee, managing partner at GGV Capital, discusses the venture capital environment in China
Singapore’s Temasek Holdings has made a strategic investment in Mobike, a Chinese smart bike rental services start-up, while existing backer Hillhouse Capital has also re-upped.
Chinese B2B hotel booking platform Haoqiao.cn has raised RMB120 million ($17 million) in an extended Series B round led by the government-backed National SME Development Fund and China Merchants Capital.
The International Finance Corporation (IFC), the investment arm of the World Bank, has proposed an investment of up to RMB130 million ($19 million) in Chinese listed bank Qiongzhong Rural Credit Cooperative.
Silicon Valley-based early-stage investor 500 Startups has appointed Edith Yeung as Greater China partner, replacing Rui Ma who left the firm last year to launch her own fund.
An investment unit of Chinese conglomerate CITIC Group has launched a RMB6 billion ($873 million) buyout fund that focuses on China's education sector.
Morgan Stanley Private Equity Asia (MSPEA) and the chairman and CEO of China XD Plastics have submitted a take-private offer that values the US-listed specialty chemicals player at approximately $260 million.
Hillhouse Capital and FountainVest Partners are seeking to buy Zhaopin in a deal worth more than $1.1 billion, working in partnership with Australia’s Seek, the majority shareholder in the Chinese recruitment website.
China’s Shunwei Capital Partners has made its first investment in India, contributing $3 million to the second tranche of a Series A round for used car trading platform Truebil.
Chinese search giant Baidu has acquired Beijing-based Raven Tech, an artificial intelligence (AI) start-up backed by several VC investors, for an undisclosed sum.
After experiencing sexism first-hand in Hong Kong’s male-dominated private equity industry, Vivian Yan launched Delphinium Capital Partners, which backs companies with gender-balanced management teams
Judith Li, a partner with Lilly Asia Ventures, discusses healthcare investment opportunities in China
Kerogen Capital, a Hong Kong-headquartered GP specializing in international energy investments, has committed an initial $50 million to a planned $1.3 billion development in gas fields off the coast of Israel.
Several Asian VC investors have joined a $60 million Series D round for US-based virtual reality (VR) and digital cinematography technology developer Lytro to support its expansion into Asia.
Northern Light Venture Capital (NLVC) has led an $18 million Series A round of funding for Ms. Paris, a Chinese online fashion rental company.
AGIC Capital is targeting up to three more deals in 2017 as its debut Asia-Europe fund closes at $1 billion, having received strong support from Asian LPs
Chinese private equity firm HG Capital has led a RMB160 million ($23 million) round of funding for Beijing Nuokangda Pharmaceutical Technology, a contract research organization (CRO).