Chinese peer-to-peer financing platform Yooli.com has received $10 million in Series A funding from Softbank China Capital. The platform launched in February but already has nearly 100,000 registered users and has transacted more than RMB264 million ($43 million).
The company said in a statement that the funding was evidence of commercial investors' recognition of an innovative business model. It will use the new capital to maintain the fast growth of its P2P network....
A rebound in China-based activity took Asia private equity investment to a record USD 105.3bn in the fourth quarter, ensuring that 2021 represents a new high watermark for the industry.
EverSource Capital has reached a final close of USD 741m on what is being called India’s largest climate impact fund.
Dishangtie Car Rental, a Shenzhen-based electric vehicle (EV) rental service, has raised a USD 200m Series D round across two tranches featuring CICC Capital.
Quona Capital, Lightrock India, and Asia Impact SA have co-led a USD 60m Series C round for Indian agriculture technology platform Arya.