Venture
China consumer data analysis business gets $20m Series A
GrowingIO, a Chinese data analysis company founded by executives from LinkedIn’s business analytics division, has raised a $20 million Series A round from Matrix Partners China, NEA and Greylock Partners.
Deal focus: IDG backs Circle's payments play
Circle is ready to test its blockchain-based online peer-to-peer payments platform in China, with support from a string of local financial and strategic investors
China Mobile fund leads $100m round for job site Liepin
A fund launched by China Mobile in partnership with the State Development & Investment Corporation (SDIC) has led a $100 million Series D round of funding for online recruitment services provider Liepin.com.
Lightspeed China closes Fund III at $260m
Lightspeed China Partners has reached a final close of $260 million on its third venture fund, substantially above the vehicle's $240 million target.
OneVentures backs Australia's Employment Hero
OneVentures has led a A$3 million ($2.2 million) Series A round of funding for Australian online human resources services start-up Employment Hero.
Bertelsmann leads $32m round for India's Lendingkart
Bertelsmann India Investments has led a $32 million Series B round for Indian finance platform Lendingkart.
Indonesia VC: Work in progress
As Indonesia’s start-up space matures, with ever more capital pouring in, VC players recognize that exits are the key to creating a sustainable investment environment. However, it is still early days
Wavemaker takes over Ardent's SE Asia venture portfolio
US venture capital firm Wavemaker Partners has taken over the venture portfolio of Thailand-based Ardent Capital.
Waterbridge in first close on early-stage India fund - report
Waterbridge Ventures, an India-based VC firm founded by angel investor Manish Kheterpal, has reached a first close of $5 million on its fund targeting early and seed-stage investments.
SAIF commits $3.5m to India's FarEye
Indian logistics management software developer FarEye has raised a $3.5 million Series A round from SAIF Partners.
China's Poly Real Estate commits $380m to Didi via PE fund
Chinese state-owned Poly Real Estate Group has set up a private equity fund worth RMB2.5 billion ($380 million) to invest in Chinese leading ride-hailing app Didi Chuxing as part of its latest round.
Japan's SBI partners with Filipino VC
Japanese financial services company SBI Holdings has acquired a 35% stake in the venture arm of Investment & Capital Corporation of the Philippines (ICCP) with an aim to co-manage a VC fund.
Fund focus: Rising tide floats Golden Gate fund
Golden Gate Ventures has raised a new $60 million fund for investments in Southeast Asia's burgeoning mobile internet sector
China co-working space operator UrWork raises $46m
VC-backed UrWork, a co-working space provider for Chinese start-ups, has completed a pre-Series B round worth RMB300 million ($46 million) from Chinese commercial property developers Yintai Land and Zhongrong International Trust.
China vacation rental site Tujia acquires VC-backed peer Mayi
VC-backed Chinese vacation-rental website Tujia.com has agreed to take control of its industry peer Mayi.com, which has also received venture investment, for an undisclosed sum.
Jafco leads $20m Series A in Singapore's Quoine
Jafco has led a $20 million Series A financing round for Quoine, a Singapore-based bitcoin trading platform.
Micro VC: Small is beautiful
Asia's micro VC segment is gaining appeal as diversity among fund managers grows
NewMargin leads $10.6m round for China's Flower Plus
NewMargin Ventures has led a RMB70 million ($10.6 million) Series A round of funding for Flower Plus, a Chinese mobile flower ordering platform.
AVCAL calls for reforms ahead of Australian election
The Australian Private Equity & Venture Capital Association (AVCAL) is urging major political parties to do more to help scale up domestic companies ahead of a federal election next month.
Tax law eased for Indian start-up investments
India's Central Board of Direct Taxes (CBDT) has implemented an exemption on income taxes for investments in some start-ups.
HighLight Capital leads $7.6m round for TCM play
Chinese healthcare-focused GP HighLight Capital has led a RMB50 million ($7.6 million) Series B round for Jun He Tang, a traditional Chinese medicine (TCM) business, followed by existing investor Qiming Venture Partners.
SAIF leads $12m round for India's ClearTax
SAIF Partners has led a $12 million Series A round for Indian online tax filing website ClearTax.
Sequoia leads $20m Series B for India's Voonik
Indian personalized fashion portal Voonik has raised a $20 million Series B round of funding led by existing investor Sequoia Capital.
Pavilion invests $5.8m in Japan's Soracom
Pavilion Capital, a private equity unit of Singapore’s Temasek Holdings, has committed JPY600 million ($5.8 million) to Japanese internet-of-things (IoT) company Soracom.