Rupeek, an India-based online gold loan marketplace, has received $60 million in a funding round led by GGV Capital and Bertelsmann India Investments.
Flipkart co-founder Binny Bansal, KB Investments, Tanglin Ventures, Sequoia Capital India and Accel Partners also took part. Previously, Rupeek received $30 million last year in a round led by Bertelsmann....
New Horizon Health, a China-based manufacturer of cancer testing kits for use at home, has raised $30 million in a Series E round of funding led by Rock Springs Capital.
Shanghai-based Yingke Private Equity has closed its latest renminbi-denominated fund with commitments of RMB2 billion ($286 million), primarily from insurers and other financial institutions.
Google will launch a INR750 billion ($10 billion) fund to make equity, operational, infrastructure and ecosystem investments that seek to increase the pace of digitization in India.
Asia private equity fundraising rebounded from a seven-year low in the first quarter of the year to reach $24 billion for April through June, but commitments were concentrated on a handful of managers.