BlueCity Holdings, the VC-backed holding company for Chinese gay dating platform Blued, traded strongly after raising $84.8 million through a NASDSAQ IPO.
The company sold 5.3 million American Depositary Shares (ADS) at $16 apiece, representing the mid-point of the indicative range. Its stock opened at $27.90 on July 9 and peaked at $28 before falling...
Vineet Rai’s career in impact investing started before the concept really existed. Spurred – but also slightly troubled – by mainstream awareness, he has big plans for India-based Aavishkaar Group
Indian online education business Unacademy has received funding from Tiger Global Management and Dragoneer Investment Group at a valuation of $2 billion, up from $1.4 billion in its previous round just two months ago.
BRI Ventures, a unit of Bank Rakyat Indonesia has reached the first close of IDR150 billion ($11 million) on its locally incorporated tech venture fund.
MDI Ventures, the corporate VC arm of state-controlled Telkom Indonesia, has teamed up with financial technology investor Finch Capital to form a $40 million fund targeting early-stage investments in Southeast Asia.