Naspers has led a $125 million round for Indian e-commerce platform Meesho with support from Facebook and a number of existing VC investors.
Sequoia Capital India, Shunwei Capital, SAIF Partners, RPS Ventures, and Venture Highway also participated, alongside Arun Sarin, a former CEO of telecom giant Vodafone. It follows a $50 million Series...
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
Singapore hotel management and booking platform RedDoorz has raised $70 million in Series C funding less than a month after closing a $45 million Series B.