XYLink, a Chinese cloud communication service platform, has raised a RMB400 million ($60 million) Series D round led by Qi An Xin, a cybersecurity spinout from Qihoo 360.
Other investors include Shanghai Guohe Capital and GP Capital, both of which are sponsored by Shanghai International Group. Shanghai-based Dunhong Capital also joined the round. Tencent led XYLink's...
Swapping a traditional fund for a less familiar corporate vehicle represented a gamble for Equis, but the Asian infrastructure manager was confident its approach would make sense to a subset of investors
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Chinese eye disease specialist Elumninex Biosciences has raised a $50 million Series A round led by GL Ventures, Lilly Asia Ventures (LAV), and Quan Capital.
Anacacia Capital has acquired a controlling stake in Pump Haircare, an Australian organic hair products brand that is looking to further expand its online distribution channels.