Club Factory, a China-based e-commerce platform that sells fashion products overseas, has raised $100 million in a Series C round of funding from existing investors IDG Capital Bertelsmann Asia Investment (BAI).
Kunlun Fund, ZhenFund, and Frees Fund also participated. The company will use the proceeds to improve its logistics system and customer services, a statement said. Founded in 2014, Club Factory started...
Australian graphic design start-up Canva has raised $70 million from investors including US-based General Catalyst and Bond Capital, the new vehicle of Silicon Valley veteran Mary Meeker. It values Canva at $2.5 billion.
India’s Everstone Group has hired Suresh Vaswani (pictured), a former executive at Wipro, Dell, and IBM, as a senior director focused on investments in information technology (IT).
Sanjieke, a China-based vocational training services provider, has raised an RMB130 million ($19 million) in a Series B round of funding led by Wu Capital.