Venture
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India messaging app raises $65m in Tiger Global-led round
Tiger Global has led a $65 million investment in Hike, the Indian mobile message app.
China's Zai Lab raises $30m Series A round
Qiming Venture Partners has led a $30 million Series A round of funding for Zai Lab, a Shanghai-based biotech drug developer, with participation from KPCB, Sequoia Capital and TF Capital.
Forum Syneriges leads Series C round for India’s Attero
Forum Synergies has led a $15 million Series C round of funding for Attero, India’s largest electronic asset management company.
Australia's UOW launches $9m seed fund
Australia's University of Wollongong (UOW) has launched a A$10 million ($9 million) seed fund to support domestic start-ups.
GoGoVan eyes regional expansion
Three Hong Kong youngsters came up with an idea to supply disposable lunchboxes to local restaurants for free and make a return by selling display advertising on the products.
China regulation: Circular progress
China’s foreign exchange regulator has issued new rules simplifying the use of offshore special purpose vehicles for investment purposes. It’s good news for VCs but questions remain about implementation
Alibaba backs Chinese Wi-Fi operator
Alibaba Group has invested an undisclosed sum in Witown, a Chinese Wi-Fi solutions provider.
Jafco invests $2m in Japan surgical robot maker
Jafco Ventures has invested JPY200 million ($2 million) in Riverfield, a Japanese start-up that develops robotic technology for use in the healthcare sector.
China beauty portal Meilapp.com raises $20m
Morningside Technologies has led a $20 million Series B round of funding for Meilapp, a Chinese mobile portal devoted to cosmetics and skincare.
Japan mystery shopper company raises $2.2m
Mizuho Capital, Jafco Ventures and DBJ Capital have invested JPY220 million ($2.1 million) in Research and Innovation, a Tokyo-based internet market research company.
Maybank leads $25m round for China casual dining platform
Maybank Private Equity has made its first investment in China, leading a $25 million Series D round of funding for YPX Cayman Holdings, which owns and operates Cloud 9, the mainland China licensee of a Taiwan casual dining chain.
NZVIF, Taiwan NDF reach $75m first close on VC fund
The first VC fund to be supported by a co-investment partnership between New Zealand Venture Investment Fund (NZVIF) and Taiwan's National Development Fund (NDF) has reached a $75 million first close.
India's Kaizen opens US office ahead of Fund II launch
Indian education-focused GP Kaizen Private Equity has opened an office in Silicon Valley ahead of launching its first pan-Asian fund, which has a target of $120 million.
SAIF Partners leads $38m round for Chinese video site Aipai
SAIF Partners has led a $38 million Series C round of funding for Chinese video-sharing platform Aipai, with participation from Matrix Partners.
Accel leads new round for India's TaxiForSure
Accel Partners has led a Series C round of investment for Indian car rental and taxi booking site TaxiForSure.com.
Chinese payment platform completes Series B
Qufenqi.com, a Chinese installment payment platform, has raised a Series B round of funding from Source Code Capital, Golden Summit and BlueRun Ventures.
Alibaba leads Series B round for online education site
Myfriday.cn, a Chinese timetable social mobile app developer, has received a Series B round of funding led by Alibaba Group. Existing investors the Sequoia Capital and Ceyuan Ventures also participated.
China online liquor retailer Jiuxian gets $49m
Jiuxian.com, a Chinese online liquor store, has received a RMB300 million ($49 million) equity investment from China Development Bank International and other undisclosed investors.
India's Orios Venture raises $50m
Orios Venture Partners - a VC firm set up by Indian angel investor Rehan Yar Khan - has raised INR3 billion ($50 million) for its first fund.
Ex-Groupon HK CEO launches $10m seed fund
Former Groupon CEO for Hong Kong and Taiwan Danny Yeung raised a $10 million seed-stage investment fund following the launch of his new venture capital firm SXE Ventures.
China mobile healthcare developer gets $50m Series C round
Spring Rain Software, a Chinese mobile healthcare app developer, has raised a $50 million Series C round from new investors China International Capital Corp. (CICC), Rushan Investment Management and Temasek Holdings’ Pavilion Capital.
Qiming leads $25m round for China job seeking site Lagou
Qiming Venture Partners has led a $25 million Series B round for Lagou.com, a Chinese job listing website focused on IT industry, with participation from Bertelsmann Asia Investment.
China parenting site raises $24m from IDG, Banyan
Banyan Capital and IDG Capital Partners have invested RMB 150 million ($24 million) in BeiBei, a Chinese online discount retail platform for maternity and baby products.
Centurion PE leads $6.5m round for Hong Kong's GoGoVan
Centurion Private Equity has led a $6.5 million Series A round investment in Hong Kong-based GoGoVan, a mobile app for on-demand delivery services.