Venture
Fosun Kinzon leads $15m round for China medical app
Fosun Kinzon Capital, a VC arm backed by Fosun Group, has led a RMB100 million ($15 million) Series B round for Easyhin, a Chinese mobile app that provides healthcare services to mothers and children.
China B2B online liquor retailer Yi Jiu Pi raises $30m
Yi Jiu Pi, a Chinese B2B online liquor retailer, has raised an extended Series B round worth RMB200 million ($30 million) co-led by domestic GPs Yuan Sheng Ventures and Eastern Bell Venture Capital.
Deal focus: InstaRem leverages convenience in money transfers
By offering lower fees and faster turnarounds than Western Union and PayPal, InstaRem hopes to steal a march on its rivals and build a truly Asia-focused money transfer platform
SCPE, Goldman invest $28m in Vietnam's M_Service
Standard Chartered Private Equity (SCPE) and Goldman Sachs have invested a combined $28 million in M_Service, the operator behind Vietnamese mobile e-wallet platform MoMo.
Sequoia, TrustBridge back China chemicals e-commerce site
Sequoia Capital and TrustBridge Partners have co-led a Series C round of funding for Molbase, a Chinese B2B e-commerce platform that sells chemical products.
Ping An leads $10m Series A for Hong Kong's Prenetics
Ping An Ventures, the VC arm of China's Ping An Insurance Group, has led a $10 million Series A round for Hong Kong-based genetic test developer Prenetics.
Tencent leads $100m round for China Douyu TV
Douyu TV, a Chinese online platform that features live videos of people playing games, has completed a $100 million round of funding led by Tencent Holdings.
Vertex leads $5m investment in Singapore's InstaRem
Singapore-based fintech start-up InstaRem has raised a $5 million Series A round led by Vertex Ventures, the VC arm of Temasek Holdings.
China fintech: Transition time
Capital continues to flow into China’s internet finance industry, but competition and regulation are changing the dynamics. VC investors can do well, provided they stay ahead of the game
China unicorns: Which bubble?
Differentiated business models and strong underlying consumer demand are integral to identifying a start-up that can reach a $1 billion valuation - and retain it once the bubble bursts
Profile: Trifecta's Rahul Khanna
Rahul Khanna drew on his experiences in Silicon Valley to identify and then fill a gap in India’s VC landscape. The result was Trifecta Capital, the country’s first venture debt fund
Japan design firm Goodpatch raises $3.5m
Goodpatch, a Japan-based user interface design company that focuses on digital products, has received a Series A round of funding worth JPY400 million ($3.5 million).
Lightspeed closes latest funds at $1.2b
Lightspeed Venture Partners has closed its latest global fund at $715 million, and raised an additional $500 million for a follow-on vehicle.
China co-working space operator raises $31m
UrWork, a co-working space for Chinese start-ups, has raised RMB200 million ($31 million) in an extended Series A round of funding.
India cloud enterprise start-up Icertis raises $15m
Icertis, a provider of cloud-based contract management software based in India and the US, has raised a $15 million Series B round.
China GPs wary of inflated unicorns – AVCJ Forum
China has no shortage of technology unicorns with valuations in excess of $1 billion, but picking the right team to back requires careful assessment, China-focused GPs said at the AVCJ China Forum.
Japan e-commerce: Shopping for fun
Mercari has become Japan’s first unicorn on the back of an innovative approach to e-commerce. Can the company blaze a trail for others to follow by replicating its domestic success overseas?
Indian healthcare: Booster shots
Technological progress and changing consumer habits are bringing long-overdue change to India’s overworked healthcare system. Taking advantage will mean mastering the unique challenges of the market
500 Startups launches $10m Vietnam fund
US-based accelerator 500 Startups has launched its latest country-specific fund with a target of $10 million for investments in Vietnam.
BlueRun leads $100m Series C for China's QingCloud
China-based cloud computing platform QingCloud has raised a $100 million Series C round led by existing investor BlueRun Ventures.
G.S.K. Velu launches India VC fund
G.S.K. Velu, a former promoter of medical diagnostic chain Metropolis Healthcare, has launched a $100 million venture capital fund.
Accel leads $3m Series A round for India's Ninjacart
Accel Partners has led a $3 million Series A round for Indian business-to-business (B2B) online marketplace Ninjacart.
Philippines-based PDS secures funding
Philippines-based mobile fintech start-up Pitaca Digital Services has raised a funding round managed by Carillion Partners, a boutique investment services and financial advisory company affiliated with Hong Kong-based Angeon Advisors.
Philippines online pawn store secures VC funding
Manila-based online pawnshop PawnHero has raised an undisclosed amount of pre-Series A funding from a group of venture backers.