
GSR hires former Baidu CTO as partner in Beijing
GSR Ventures has appointed Yinan Li, a serial entrepreneur who has previously served as chief technology officer at Baidu, as a venture partner. Li, 41, will be based in Beijing and focus on investments in the China wireless and internet technology spaces.
Most recently, Li was CEO of Bejing Wuxian Xunqi Information Technology, which provides integrated information services as part of China Mobile's 12580 hotline platform. Prior to joining Baidu, he became...
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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...
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.
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.”
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.