WM Motor Technology, a Chinese electric vehicle manufacturer, has raised RMB3 billion ($466 million) in a Series C round of funding led by existing investor Baidu Capital.
Other participants include state-owned fund Taihang Industrial Fund and Linear Venture. Baidu Capital, an investment unit of Chinese internet giant Baidu, participated in a round of undisclosed size in...
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.