Investors see opportunity in bringing a promising currency exchange-focused fintech model from Europe into Southeast Asia. Singapore-focused YouTrip is the region’s first mover in this niche
Capital has poured into China’s online education sector in recent years, but with losses mounting and valuations called into question, investors are finding that not all business models are created equal
China-based Zuodashi, which provides digital solutions and food accompaniments to restaurant delivery businesses, has raised RMB100 million ($14 million) in Series A round led by Hua Gai Capital.
Sanjieke, a China-based vocational training services provider, has raised an RMB130 million ($19 million) in a Series B round of funding led by Wu Capital.
BioLumic, a New Zealand-based start-up that develops ultraviolet (UV) crop yield enhancement systems, has raised a $6.7 million Series A led by US agricultural technology VC firm Finistere Ventures.
Qiming Venture Partners has led a Series B round of nearly RMB100 million ($14 million) for Shanghai-based private hospital chain operator SinoUnited Health.
China-based Little Bear Rental, which provides IT equipment services to corporates, has raised hundreds of millions of renminbi (over $14 million) in a Series B round of funding led by the Small & Medium-Sized Enterprises Development Fund - a government...
Insignia Ventures Partners has joined a $25.5 million seed round for YouTrip, a Hong Kong-based financial technology company focused on travelers in Singapore.
Hong Kong-based OneDegree, an insurance technology start-up, has raised over $30 million for its Series A led by financial technology-focused investment firm BitRock Capital.
A group including CITIC Private Equity, CICC Capital and Baring Private Equity Asia has agreed to invest $1 billion in the healthcare unit of Chinese e-commerce giant JD.com, acquiring a combined stake of 14.5%.
MGI Tech, a Chinese manufacturer of equipment used in gene sequencing, has raised $200 million in funding led by Goldstone Investment, the PE arm under CITIC Securities, Green Pine Capital Partners and Orient Securities Capital Investment.
Beidian, a Chinese membership-only social e-commerce website, has raised RMB860 million ($126 million) from a group including Hillhouse Capital and Sequoia China Capital.
Hiscene, a China-based manufacturer of augmented reality (AR) glasses and communication systems that also goes by the name Liangfengtai, has raised RMB120 million ($17 million) in an extended Series B round of funding.
Chezhubang has found a way into China's fuel retail market with an app that helps drivers find the cheapest gas stations
Australia’s BlueChilli has launched a health-tech accelerator in Singapore in cooperation with the local government as part of a broader pivot toward the region.
GSR Ventures and Bertelsmann Asia Investments (BAI) have led an RMB150 million ($22 million) Series B round for Black Lake Technology, a China-based supplier of data collection, visualization and analysis to factories.
Bykea, a Pakistan-based online platform for on-demand transport and logistics, has raised a $5.7 million Series A round led by Sarmayacar, a European venture capital investor focused exclusively on Pakistan.
Concerns around valuations, commercialization timelines, deal targeting, and brand perceptions are coming into focus as China’s AI ecosystem catapults to global prominence
Indian online lending platform and non-banking finance company (NBFC) InCred Financial Services has raised a INR6 billion ($85.9 million) Series A round led by Dutch development finance institution FMO.
Healthcare-focused GTJA Investment Group has led a RMB300 million ($45 million) Series B round for Chinese online pharmacy operator Yao123.
Cluey Learning, an Australian start-up that provides personalized online tuition services for elementary through high school students, has raised A$20 million ($14 million) in Series A funding from Allectus Capital and Thorney Investment Group.
GSR United Capital and Zero2IPO Investment have led a Series B round of RMB275 million ($40 million) for China-based Chezhubang, operator of an app that helps drivers locate gas stations and electric vehicle charging points and also pay for fuel.
SBI Ven Capital, a Singapore-based division of Japan’s SBI Group, has led a $17.2 million Series B round for Mfine, an Indian healthcare technology player that uses artificial intelligence (AI).
Singapore-based Monk’s Hill Ventures has led a $5.3 million Series A round for domestic enterprise technology provider Saleswhale.