Zhangshangfucai, a Chinese online B2B platform for sourcing home decoration materials, has raised $8 million in Series A funding led by ZhenFund.
Source Code Capital and Buhuo Venture Capital also took part. These two investors backed the company’s Pre A Series round of RMB20 million($2.9 million) in 2017. Founded in September 2017, Zhangshangfucai allows...
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.
ADV Partners has agreed to acquire heavy vehicles producer Dutch Lanka Trailer Manufacturers (DLT), a Sri Lanka-based subsidiary of Indian conglomerate Tata Group, for INR3.05 billion ($43.7 million).