Welight Capital, a China-based venture capital firm founded by former Tencent Holdings executives, has led a RMB200 million ($30 million) Series B round for Maihaoche.com, a Chinese new car sales platform. Northern Light Venture Capital also participated.
Maihaoche, which means ‘sells good cars’ in English, started as an imported car ordering platform in 2014. Services have since expanded to include receiving orders and deposits from car buyers, and helping...
Japan’s Mitsui & Co. and Nomura Holdings have agreed to acquire 100% of New Forests, an Australia-headquartered sustainable real assets investment manager focused on forestry, land management, and conservation.
Openspace Ventures has participated in a USD 23.5m Series B funding round for Freshket, a Thailand-based farm-to-table agricultural supply chain start-up.
Coins, a Philippines-based financial technology provider focused on blockchain-enabled payment services, has received a USD 30m investment led by Ribbit Captial.
Coatue Management and Insight Partners have led a USD 300m Series D round for Indonesian payments infrastructure platform Xendit.