Ant Financial, Alibaba Group’s financial services affiliate, has led a RMB2.1 billion ($321 million) investment in Youon Bike, the listed parent of China-based bike-sharing operator Hellobike.
The round comes six months after Ant Financial participated in a $350 million investment in the company. Two months before that, Hellobike merged with Youon Bike, which was already listed on the Shanghai...
Tuya, a Chinese software platform for internet-of-things (IoT) systems that mainly offers platform-as-a-service (PaaS) products is pursuing a US IPO.
Australian online human resources services start-up Employment Hero has raised A$45 million ($35 million) in Series D funding led by domestic recruitment business Seek.
Singapore-based Next Gen, which markets a vegetarian chicken brand called Tindle, has raised $10 million in what is being called the largest-ever seed round in the food tech space.
Pakistan-focused VC firm Indus Valley Capital has raised $17.5 million for its debut fund focused on early-stage start-ups. The initial target was $15 million.