IvyCap Ventures and IDG Ventures India (IDGVI) have participated in a undisclosed Series B round investment for India's eShakti.com, an online women's apparel retailer.
Chennai- and US-based eShakti was founded in 1999. It began as an online platform offering basic cottons and modestly embellished clothes, but now it positions itself as a design company that focuses on...
The government of Shenzhen, China has launched a VC fund with an initial corpus of RMB500 million ($79 million) to invest in blockchain start-ups in the city.
Sequoia Capital China and Serica Partners have co-led an $11 million Series A round for US-based molecular diagnostics start-up NuProbe.
Shenzhen Capital has joined a $30 million Series C round for US-based 3D printing company Formlabs that will support an expansion effort in China and Asia.