Unilever Ventures, the corporate VC arm of Unilever, has led a $10.5 million funding round for Indian grocery delivery start-up Milkbasket.
Mayfield India, Kalaari Capital, and Blume Ventures also participated in the funding round, along with several Indian family offices. The investment follows a $3 million pre-Series A round from Unilever...
Newlink Group, operator of a platform that helps drivers in China locate the best value gas stations, has raised a RMB900 million ($128 million) Series D round led by China Capital Investment Group. Xiaomi Corporation also participated.
Chinese biotech start-up Harbour BioMed has raised $102.8 million in Series C funding. It comes four months after it closed an extended Series B round of $75 million.
Vietnam’s VinaCapital and Japan’s Daiwa PI Partners are poised to make a partial exit from Vietnamese dairy producer International Dairy Products (IDP).
BlueCity Holdings, the VC-backed holding company for Chinese gay dating platform Blued, traded strongly after raising $84.8 million through a NASDSAQ IPO.