Baidu spin-out Xiang He Capital draws on networks and experience from the corporate sphere to differentiate itself in China’s VC market. It has $425 million in dry powder to put this proposition to the test
Three out of the approximately 20 companies backed by Xiang He Capital were established by former employees of Baidu. Two are among the most valuable: online education platforms VIPKid and Zuoyebang have...
Technology disruption and short-term policy changes are the two key challenges facing investors in the energy sector, industry participants told the AVCJ Forum.
Singapore-based Keppel Corporation has agreed to buy a 50% interest in Pierfront Capital, an alternative credit investment fund manager controlled by Temasek Holdings.
Pavilion Capital and Gobi Partners had co-led an $18 million Series B round for Indonesia’s Travelio, an Airbnb-style home rentals start-up.
OneConnect Financial Technology, an affiliate of China’s Ping An Insurance backed by the likes of IDG Capital, SBI Group, and SoftBank Vision Fund, has filed to list in the US.