Deal focus: Mofang pursues quality and scale
Mofang raises $150 million to bring consistency to China’s fragmented rental housing market. Leveraging big data and targeting millennials are key strategies
The rise of China's rental housing market is not a new story. Amid skyrocketing property prices and a corresponding nationwide push to encourage more people – especially youngsters – to rent rather...
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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.