Funds
Helion invests $3m in India mobile services player Doormint
Helion Venture Partners has committed $3 million in a Series A round of investment to Blackcotton Solutions, the start-up behind Indian mobile home services platform Doormint. Kalaari Capital also took part in the round.
VC-backed Mogujie leads $30m round for China C2C retail player
Mogujie – a Chinese online shopping platform and social network that has received several rounds of VC funding – has led a $30 million investment in Taoshiji, a cross-border consumer-to-consumer (C2C) mobile retail app.
Tiantu leads $60m round for China electronics recycling site
Consumer-focused GP Tiantu Capital has led a $60 million Series C round of funding for Aihuishou, which claims to be the largest online electronics recycling platform in China.
Juren leads $9m Series A round for ChinaNetCloud
Juren Capital has led a $9 million Series A round for Chinese cloud server solutions start-up ChinaNetCloud.
China mobile health solutions provider raises $36m
Shanghai KingYee, a Chinese mobile healthcare services provider, has completed a RMB221 million ($36 million) Series C round of funding led by Sensegain Investment. SoftBank China Venture Capital (SBCVC) and HighLight Capital also participated.
Baidu leads $100m round for China’s laundry app Edaixi
Baidu has led a $100 million Series B round of funding for Edaixi, an mobile-based on-demand laundry service.
Rebright backs Indian logistics firm LetsTransport
Indian last-mile logistics marketplace LetsTransport has raised $1.3 million from Rebright Partners, along with several angel investors.
Sequoia, Accel commit $8m to India's WizRocket
Sequoia Capital India and Accel Partners have invested $8 million to Indian analytics and mobile engagement platform WizRocket.
Deal focus: Cloud Farm brings China agribusiness online
Chinese Premier Li Keqiang's "internet plus” policy is an attempt to rejuvenate traditional industries by grafting modern technology onto their tired business models. Agriculture is thought to hold enormous potential for cloud computing and big data,...
SoftBank: Venture legacy
SoftBank’s direct investment activity has shifted towards later-stage deals and it is expected to remain there. But the Japanese technology giant has not given up on its VC affiliates and subsidiaries in Asia
China robotics: Rise of the machines
China’s robotics start-ups are riding a wave of innovation and exploring many previously unexpected paths. As the scope of applications broadens, they need to keep up the pace
China second-hand car trading platform Renrenche raises $85m
Tencent Holdings has led a $85 million Series C round of funding for Renrenche.com, a Chinese peer-to-peer second-hand car trading platform.
Australia’s QIC in $735m first close on global infrastructure fund
QIC, an investment manager controlled by the Queensland government, has reached a first close of more than A$1 billion ($735 million) on its global infrastructure fund. The overall target is A$1.75 billion.
KKR to invest $150m in Indian polyester manufacturer
KKR has agreed to invest $150 million in JBF Industries, an India-based polyester products manufacturer, with a portion of the capital going to the company’s international subsidiaries.
All-Stars Investment leads $300m round for China’s Tujia
All-Stars Investment has led a $300 million new funding round for Tujia.com, valuing the Chinese vacation-rental website at more than $1 billion.
India's TripFactory raises Series A round from Aarin Capital
Aarin Capital has committed a Series A round to Indian online travel agent TripFactory.
Ajisen, Hina back Baidu’s online food-ordering platform
Ajisen Holdings, a Chinese fast casual restaurant chain operator, has teamed up with The Hina Group and its affiliate Hanking Group to invest up to $70 million in Baidu Takeout Delivery, an online food delivery ordering platform run by the Chinese search...
Indian home services portal Zimmber raises $2m
IDG Ventures and Sherpalo Ventures have taken part in a $2 million pre-Series A round for Rejuvenate Solutions, operator of Indian home services portal Zimmber.
Australia's NAB to invest $36m in fintech start-ups
National Australia Bank (NAB) will set up a A$50 million ($36 million) fund to invest in start-ups that help enhance its financial services product offerings.
IVFA reaches $700m final close on India fund
India Value Fund Advisors (IVFA) has reached a final close on its fifth India-focused fund at the hard cap of $700 million.
Carlyle commits $85m to China’s Ubox
The Carlyle Group has invested RMB530 million ($85 million) in Beijing Ubox Technology & Trade, a vending machine operator in China.
PE-backed online liquor retailer Jiuxian gets another $81m
Jiuxian.com, a Chinese e-commerce site that sells wines and spirits, has raised RMB500 million ($81 million) in a new round of funding.
Golden Gate reaches first close on SE Asia VC fund
Singapore-based Golden Gate Ventures has reached a first close of $35 million on its second Southeast Asia-focused fund, Golden Gate Ventures Fund II.
Chunxiao invests $16m in China agri e-commerce player
Chunxiao Capital has provided RMB100 million ($16 million) in Series A plus funding for Cloud Farm, a China-based e-commerce platform dedicated to the agricultural sector.