Indian online lending platform and non-banking finance company (NBFC) InCred Financial Services has raised a INR6 billion ($85.9 million) Series A round led by Dutch development finance institution FMO.
US-based asset manager Moore Strategic Ventures also participated in the round, along with Elevar Equity and existing investor Alpha Capital. The Series A round brings InCred’s total capital raised to...
Fosun Group has agreed to invest RMB130 million ($18.4 million) in Pet Doctor, a Chinese one-stop pet services platform that supplies everything from software for pet hospitals to consultations for pet owners.
Japan Post Investment Corporation (JPIC) has backed a $33 million Series C round for Atonarp, a Tokyo-based molecular diagnostics systems developer that uses artificial intelligence (AI).
J.P. Gan (pictured), who spent 12 years with Qiming Venture Partners before striking out on his own earlier this year, has reached a first close of $163 million on his debut China fund.
Xyb2b.com, a B2B platform that helps Chinese e-commerce companies source products from overseas, has completed an extended Series B round of funding worth $100 million.