Expansion
Qiming leads round for Chinese display chip provider
Yunyinggu, a Chinese manufacturer of integrated circuits used in flat screen displays, has raised RMB200 million ($28 million) in Series C funding across two tranches.
Indian brewer B9 Beverages raises $20m from Sofina, Sequoia
B9 Beverages, the owner of the Indian beer brand Bira 91, has raised INR1.5 billion ($20 million) in funding from Sequoia Capital India and Belgian investment firm Sofina.
After COVID-19: Retail revolution?
Attempts to map out post-coronavirus outbreak developments in retail are complicated by uncertainty over the timing of the rebound and the extent of the role played by technology
Deal focus: Huilianyi's digitization drive
China Renaissance backed Huilianyi's $42 million extended Series C round with a view to capitalizing on widespread corporate adoption of electronic invoicing
Kuaishou backs Chinese online education platform Huohua Siwei
Huohua Siwei, a Chinese online education platform specializing in mathematics and science, has raised $30 million in an extended Series D round from local video-sharing giant Kuaishou.
Chinese big data player DataCanvas raises $17m
Beijing ZetYun Tech, also known as DataCanvas, has raised RMB120 million ($17 million) in Series C funding across two tranches. Participants include Zhongguancun Frontier Fund, GF Qianhe, Delta Capital, and Shidake Investment.
Openspace, Gaw back Singapore's SensorFlow
Gaw Capital, a Hong Kong-based private equity firm with a real estate focus, and Openspace Ventures have co-led an $8.3 million funding round for SensorFlow, a Singaporean energy management solution provider.
Facebook takes 9.9% stake in Reliance's India app platform
Facebook has acquired a 9.9% stake in Jio Platforms, the holding company behind a number of apps and the parent of India's largest telecom operator.
Indian corporate travel booking platform raises $13m
Itilite, a platform that helps Indian corporates manage travel-related expenses, has raised $13 million in a Series B round led by Greenoaks Capital and Vy Capital.
Chinese drug developer Mabworks raises $159m Series C
Beijing Mabworks Biotech has raised a RMB1.13 billion ($159 million) Series C round led by CICC Capital, Lyzz Capital, CITIC Securities Investment, and Huge Capital.
India's NoBroker raises $80 million in Series D funding
Existing investor General Atlantic has joined Tiger Global Management in a Series D funding round for Indian real estate marketplace NoBroker.
Microsoft venture arm leads Series D for India's FarEye
FarEye, an Indian logistics platform, has raised $25 million in a Series D round led by M12, Microsoft's corporate venture arm.
Chinese voice recognition player AISpeech raises $58m
Chinese voice recognition player AISpeech has raised RMB410 million ($58 million) in a Series E round led by CTC Capital.
China Everbright backs smart illumination start-up
China Everbright has joined a RMB200 million ($28 million) Series C round for Yeelight, a Chinese start-up that makes smart lighting products.
Australia's Airwallex gets $160m Series D
The VC divisions of ANZ Bank and Salesforce have led a $160 million Series D round for Australian financial technology company Airwallex.
India's Capital Float secures $15m funding round
Capital Float, an online lending platform for small and medium-sized enterprises (SMEs) and e-commerce financiers in India, has raised $15 million in funding from existing investors.
Japan's Paidy tops up Series C round
Japanese payments start-up Paidy has topped up its Series C round with an additional commitment from Itochu Corporation. It brings the company's total capital raised to date to $281 million.
Deal focus: Yuanfudao stakes its claim
Eight years old and yet to turn a profit, Chinese K-12 online education platform Yuanfudao is now valued at $7.8 billion. Investors say they are comfortable playing the long game
1Q analysis: Impact winter
As the coronavirus outbreak escalated into a global pandemic, what was a problem for China investors quickly spread into other geographies. Fundraising, investment and exits inevitably took a hit
TDM leads $35m round for Australia's SafetyCulture
Australia’s TDM Growth Partners has led a A$60 million ($35 million) Series C round for SafetyCulture, a locally-based software provider for safety compliance inspectors.
Sequoia leads $12m round for Indian agriculture marketplace
DeHaat, a marketplace and retailer for Indian farmers, has raised $12 million in a Series A round led by Sequoia Capital India.
China office decorating start-up gets Eight Roads backing
InDeco, a Chinese startup that offers one-stop commercial workspace decoration solutions, has raised $20 million in a Series C round led by Eight Roads Ventures.
Asia PE investment falls to six-year low in first quarter
Private equity fundraising, investment and exits all fell to multi-year lows in the first quarter of 2020 as the economic fallout from coronavirus outbreak forced investors to focus on existing portfolio exposure and made them wary of making new commitments....
Deal focus: TVS SCS targets supply chain upgrade
Gateway Partners is backing India's TVS Supply Chain Solutions to become more than just a traditional domestic logistics player