Shadowfax, an Indian online-to-offline (O2O) logistics provider focused on hyperlocal delivery, has raised a $22 million Series C round led by Nokia Growth Partners (NGP).
Existing investor Eight Roads Ventures, the proprietary investment arm of Fidelity International, also participated in the funding round, as did Qualcomm Ventures and Mirae Asset Management. The company...
The Asian Development Bank (ADB) has agreed to invest $25 million in Exacta Asia Investment II (Exacta II), a Southeast Asia-focused vehicle launched last year by Japan’s Mizuho Bank.
Bcause, a US-based cryptocurrency services company backed by SBI Holdings has received a commitment of undisclosed size from China Health Checkmate (CHC) to support an Asian expansion.
Wukongbao, a Beijing-based online insurance broker, has raised millions of US dollars in a Series B round led by Chinese classifieds platform 58.com, with participation from Guohua Life Insurance.
China Everbright has completed the first close of RMB800 million ($115.4 million) on its third healthcare fund. The overall target for the vehicle is around RMB1.5 billion.