Development finance institutions (DFIs) featured prominently in a $40 million first close for the second impact fund from Nepal-focused Dolma Fund Management. The target is $75 million.
They include Netherlands-based FMO, UK-based CDC Group, Sweden’s Swedfund, and the International Finance Corporation (IFC). It comes within weeks of FMO and CDC launching market building platform called...
Zhuanzhuan, a used goods trading platform and subsidiary of 58.com, China’s largest online classifieds marketplace, has raised a $100 million round led by electronics giant Xiaomi.
KPCB growth-stage spinout Bond has led a $200 million Series B round for BrowserStack, a software testing platform established by two Indian entrepreneurs.
Chinese healthcare big data company LinkDoc Technology, which counts New Enterprise Associates (NEA), China Broadband Capital, and Temasek Holdings among its investors, has filed for an IPO in the US.
Yonghe Medical Group, a Chinese hair healthcare specialist best known for hair transplants, is targeting a Hong Kong IPO. Its largest external shareholder is CPE, formerly CITIC Private Equity.