Grace Lee (pictured), has been appointed COO at Qiming Venture Partners, in addition to her existing roles as a partner and CFO – one of several people moves within the Chinese venture capital firm.
Towards the end of last year, Alex Zhou, an executive director on the technology, media and telecom (TMT) team, was promoted to partner, while healthcare-focused Kan Chen became an executive director....
The Carlyle Group achieved an 8x return through a partial exit via SBI Cards’ IPO. The private equity firm still holds a 16% stake and is a resolute believer in the growth potential of India’s credit card market
India's private debt markets lack coordination and standardization. Vivriti Capital hopes to fix this by bringing issuance online. LGT Lightstone Aspada has provided $50 million in support of this effort
MiningLamp Technology, a Chinese big data company, has raised $300 million Series E led by Temasek Holdings and Tencent Holdings. Kuaishou, a local short-video sharing platform backed by Tencent, also took part in the round.
AISing, a Japan-based developer of edge artificial intelligence (AI) technology used in industrial robots and self-driving cars, has raised JPY700 million ($6.5 million) in Series B funding.