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Baidu, VC-owned Qunar ups US IPO target

Tim Burroughs
01 November 2013

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Qunar, a Chinese-travel website majority-owned by internet search giant Baidu, has increased the indicative price range for its forthcoming IPO and is now expected raise as much as $155.4 million.

The company, which is also backed by GSR Ventures and GGV Capital, originally planned to sell 11.11 million American Depository Shares at $9.50-11.50 apiece. According to a

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Asian GPs slow implementation of ESG policies - survey

Asia-based private equity firms are assigning more dedicated resources to environment, social, and governance (ESG) programmes, but policy changes have slowed in the past 12 months, in part due to concerns raised internally and by LPs, according to a...

GPs
10 November 2023

Singapore fintech start-up LXA gets $10m seed round

New Enterprise Associates (NEA) has led a USD 10m seed round for Singapore’s LXA, a financial technology start-up launched by a former Asia senior executive at The Blackstone Group.

Southeast Asia
10 November 2023

India's InCred announces $60m round, claims unicorn status

Indian non-bank lender InCred Financial Services said it has received INR 5bn (USD 60m) at a valuation of at least USD 1bn from unnamed investors including “a global private equity fund.”

South Asia
10 November 2023

Insight leads $50m round for Australia's Roller

Insight Partners has led a USD 50m round for Australia’s Roller, a venue management software provider specializing in family fun parks.

Australasia
10 November 2023

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