Popular belief in the US that China is playing catch-up or copycat on technology is misguided, according to Andrew Chung, a managing partner at Khosla Ventures, who claims to see incredible amounts of innovation taking place in the country
"While it is true that the US probably has more depth and breadth in terms of fundamental research, and a lot of the things we invest in, Chinese companies are incredibly innovative when it comes to go-to-market...
Apis Partners has agreed to invest up to $110 million in L&T Infra Debt Fund (L&T IDF), a subsidiary of India’s L&T Finance Holdings focused on financing infrastructure projects in India.
Omnivore Partners, an Indian venture capital firm focused on impact investment in the local agriculture industry, has closed its second early-stage fund with $97 million in commitments.
CDIB Capital has invested an undisclosed amount in VHQ China, a Taiwan-based provider of post-production and visual effects services focused on China’s film and TV drama industry.
Tongdun Technology, a Chinese risk control services provider, has raised $100 million in a new round of funding led by CMC Capital, GGV Capital, China Everbright Limited and Guotai Global Investments. Existing investor Cinda Sinorock Capital also participated.