Indian online food and grocery wholesale platform Jumbotail has raised more than INR900 million ($13 million) in a Series B round led by Canadian venture capital firm Heron Rock Fund.
US-based impact investor Capria Ventures and BNK Ventures also participated in the funding round, along with existing investors Nexus Venture Partners and Kalaari Capital. The company will use the new...
Trax, a Singapore-based developer of retail computer vision and analytics solutions with several private equity backers, has acquired US-based shopping rewards app developer Shopkick for an undisclosed amount.
Chinese art education platform Yiqi Technology Group has raised $40 million in the first tranche of a Series C round led by Tencent Holdings. It is said to be the largest-ever funding round for a start-up in this space.
Australia’s Square Peg has secured two new superannuation fund backers for its second fund, which has closed at A$340 million ($237 million).
JD Logistics, the delivery unit of Chinese e-commerce giant JD.com, has reached a first close on a renminbi-denominated fund that invests in smart logistics and related technologies. The full target for the vehicle is RMB1.5 billion ($218 million).