Venture
IvyCap leads $4.5m round for India's Taskbob
IvyCap Ventures has led a INR280 million ($4.5 million) Series A round for Indian home services start-up Taskbob.
Global Brain in $13.1m round for US, Israel-based YouAppi
YouAppi, a mobile advertising analytics start-up based in Israel and the US, has raised a $13.1 million Series B round from a consortium of investors including Global Brain to support its Asia expansion.
Frees Fund, Qihoo 360 lead $100m round for China’s Mobi Magic
Frees Fund, a China-focused VC group that spun out from IDG Capital Partners, and Qihoo 360 Technology have co-led a $100 million round for Mobi Magic, a Beijing-based mobile app developer.
Alpha Animation, Matrix invest in China VR start-up
Guangdong Alpha Animation and Culture, a listed Chinese animation firm, has led an undisclosed Series A round of funding for Time of Virtual Reality (TVR), which develops games for VR devices.
Lightstone Ventures raises $50m Singapore fund
Lightstone Ventures has closed a $50 million fund aimed at investments in Singapore-based companies in the life-science sector.
Sequoia in India: Early-stage icon
At $920 million, Sequoia Capital latest India fund is the largest ever VC vehicle raised in the country. How will the technology sector accommodate this quantum of capital?
China’s 58 Daojia merges with VC-backed beauty app
58 Daojia, a PE-backed Chinese online-to-offline (O2O) local services platform, has merged with Dudumeijia.com, a manicure-booking app that counts Sequoia Capital and Source Code Capital among its investors.
Aspada leads $5m Series A for India's Aasaanjobs
Aspada Advisors has led a $5 million Series A round of funding for Indian job recruitment site Aasaanjobs.
Sequoia backs China second-hand car pricing platform
Sequoia Capital has led a new funding round for Che300.com, a China-based online platform that values second-hand cars.
Taiwan regulator allows VC firms to list domestically
Taiwan’s Financial Supervisory Commission (FSC) has issued guidelines for Taiwan-based venture capital firms to pursue onshore IPOs.
Kalaari leads $4m round for India’s RKSV Securities
Kalaari Capital has led an INR270 million ($4 million) Series A round for RKSV Securities, a Mumbai-based online stock trading firm.
India's VC-backed Oyo Rooms acquires rival Zo Rooms
Oyo Rooms, an India-based budget hotel booking app backed by SoftBank Corp. and other VCs, has acquired industry rival Zo Rooms, which counts Tiger Global Management as an investor.
IMJ targets $53m for Japan venture fund
Singapore-based IMJ Investment Partners has raised JPY2 billion ($17.7 million) for a venture capital fund that will back start-ups in Japan. The full target is JPY6 billion.
Rocket Internet raises $31.4m for property portal
Emerging markets property portal Lamudi has raised EUR29 million ($31.4 million) from its main backer, Germany's Rocket Internet, and several additional investors.
Japan's SBI to lead Series B for US bitcoin exchange Kraken
SBI Investment, the VC arm of Japan's SBI Holdings, has agreed to lead a Series B round for US-based bitcoin exchange Kraken.
Singapore's EDBI, TAL Education in $52m round for US-based Knewton
New York-based adaptive learning system developer Knewton has raised $52 million from a consortium of investors including EDBI - the corporate VC arm of Singapore's Economic Development Board - and Chinese education company TAL Education Group.
VC-backed China bus service start-up raises $26m
Dada Bus, a mobile-enabled provider of bus services in China, has raised RMB173 million ($26 million) in a round led by a Shenzhen-listed construction materials manufacturing company.
Alibaba leads $793.5m round for US-based Magic Leap
Chinese internet giant Alibaba Group has led a $793.5 million Series C round for Magic Leap, a Florida-based augmented and virtual reality (VR) technology developer.
China Merchants Bank leads $102m round for Boqii.com
China Merchants Bank has led a $102 million Series C round of funding for Boqii.com, a Chinese social network and e-commerce platform for pet owners.
Wipro Ventures leads $4m round for India's Altizon
Wipro Ventures, the strategic investment arm of Indian technology company Wipro Group, has led a $4 million Series A round for internet development platform provider Altizon Systems.
Hong Kong: Start-up central
Hong Kong ranks low in a new study of global start-up ecosystems, but has the potential to fly high. A mixture of policy, patience and positive attitude is required
India VC: Smooth waters ahead?
India’s government has made promising signals about its willingness to engage the venture capital community. GPs are optimistic, but reservations remain about the details
Fund focus: SBCVC moves with the times in China
Having raised $459 million for its latest venture capital fund, SBCVC is tracking the latest developments in China technology with a focus on robotics and advanced industrial applications
Innovation Works approved to list on China’s New Third Board
Innovation Works, a Chinese early-stage VC firm founded by ex-Google China head Kai-Fu Lee, has been approved to list on the National Equities Exchange and Quotations (NEEQ), an over-the-counter (OTC) market also known as the New Third Board.