Fullerton Financial Holdings has led an $87 million Series C round for Indian financial technology platform Lendingkart.
Existing investors including Sistema Asia Fund, Bertelsmann India Investment, Mayfield India, India Quotient and Saama Capital reportedly also participated in the round. Lendingkart will use the new capital...
The Blackstone Group has agreed to invest $400 million in YiChang HEC Changjiang Pharmaceutical (HEC Pharm), a Chinese drug developer listed in Hong Kong, through a convertible bond issuance.
Silicon Valley-based seed-stage accelerator Y Combinator (YC) has chosen Qi Lu, the former group president and COO of search giant Baidu, as the founding CEO of its China branch, YC China.
Singapore’s Golden Equator has launched an accelerator in Brunei aimed at helping local small to medium-sized enterprises (SME) expand across Southeast Asia.
Clobotics, a China and US-based computer vision start-up backed by a number of venture capital firms, has raised $11 million in Series A funding.