Northern Light Venture Capital (NLVC) has led a Series A round of funding for Maihaoche.com, a Chinese automotive e-commerce platform that specializes in parallel imports.
The investment amounts to hundreds of millions of renminbi. Innovation Works has also participated in the round. Hangzhou-based Maihaoche.com was founded last July by a group of former employees of Alibaba...
Industry attempts to contextualize the advent of artificial intelligence as a key moment in the history of humanity risk overheating a market already on fire
SBI Cards and Payments, the State Bank of India's (SBI) credit card arm and a Carlyle Group portfolio company, is looking to raise INR60 billion ($840 million) through a domestic IPO.
Chinese healthcare-focused GP HighLight Capital has reached the first close of $300 million on its third US dollar-denominated fund, but further progress is likely to be delayed by the coronavirus outbreak.
Amber Group, a Hong Kong-based start-up offering crypto-based financial services, has raised $28 million in a Series A round led by Paradigm and Pantera Capital.