Tokyo-based news app operator SmartNews is said to have achieved unicorn status following a JPY3.1 billion ($29.2 million) Series E round led by Japan Post Capital.
The investment brings SmartNews’ total capital raised to date to JPY12.2 billion, according to a release. The post-deal valuation is reportedly approximately $1.1 billion. According to CB Insights, the...
Kotak Mahindra Group hopes his longstanding experience in financial services will serve as a differentiator as it looks for deals in India's increasingly popular distressed space
Conservative sovereign wealth investors are increasingly comfortable making direct commitments to venture-oriented technology companies. The strategy appears to suit them but remains to be validated
01VC has secured institutional LP support for its second fund, which closed at $100 million. The early-stage investor plans to deploy it across industrial and enterprise deals in China and Southeast Asia