Venture
China parenting site raises $24m from IDG, Banyan
Banyan Capital and IDG Capital Partners have invested RMB 150 million ($24 million) in BeiBei, a Chinese online discount retail platform for maternity and baby products.
Centurion PE leads $6.5m round for Hong Kong's GoGoVan
Centurion Private Equity has led a $6.5 million Series A round investment in Hong Kong-based GoGoVan, a mobile app for on-demand delivery services.
Fosun VC, CDH commit $16m to China travel site
Fosun Venture Capital Investment and return backer CDH Venture have invested in a RMB100 million ($16 million) Series B round of funding for Lailaihui, a Chinese online travel operator.
Indonesia's Telkom to invest $200m in tech start-ups
Telkom, the biggest information and communication operator in Indonesia, plans to invest $200 million in technology start-ups.
IDG, Morningside commit $20m to China social networking app
IDG Capital Partners and Morningside Technologies have invested $20 million in a Series B round of funding for Maimai, a Chinese social networking app for professionals.
Sabre leads $8m round for Indian dermatology specialist
Sabre Partners as led an $8 million Series B round of funding for Vyome Biosciences, an Indian bio-pharmaceutical company that specializes in dermatology.
CBC supports China internet security developer FraudMetrix
China Broadband Capital (CBC) has led a Series A+ round of funding for a Chinese internet security firm FraudMetrix, which develops products addressing risk and fraud.
Carlyle, Tiger Global back China mobile classifieds site Ganji
The Carlyle Group and Tiger Global Management have invested $200 million in a further round of funding for Ganji.com, a Chinese mobile classifieds site.
Australian agri information service gets Series C round
Agworld, an Australia-based information exchange platform for farmers, has raised A$6 million ($5.6 million) in a Series C round of funding led by Reed Elsevier Ventures. Existing investor Yuuwa Capital also participated.
PLDT sees Rocket as proxy for global growth
Smart eMoney, a mobile payment business owned by Philippine Long Distance Telephone (PLDT), first ventured overseas in partnership with Mastercard in 2010.
Omnivore has sunny outlook for SkyMet
With around two-thirds of India's 1.2 billion-strong population reliant on farming for a livelihood the importance of the monsoon season to the economy cannot be overstated. A weak monsoon can cut exports, drive food price inflation and ultimately cause...
Rocket Internet's Foodpanda raises $60m
Foodpanda, an online take-away food delivery marketplace incubated by Rocket Internet, has raised $60 million in a new round of financing from new investor Falcon Edge Capital as well as existing backers.
GGV leads round for Chinese personal finance app Yingying
GGV Capital has led a Series A+ round of funding for Yingying Licai, a Chinese personal finance mobile app.
Gree, Atomico lead $35m Series B for Japan news app
Japanese internet gaming firm Gree, and tech-focused investor Atomico, have led a JPY3.6 billion ($35.4 million) Series B round investment in SmartNews, the Tokyo-based start-up behind the news curation app of the same name.
Legend Star invests in China vacation rentals site Zhubaijia
Legend Star, a Chinese incubator program launched by Legend Holdings and the Chinese Academies of Sciences, has invested $1 million in Zhubaijia, a Chinese vacation rentals website.
VC-backed iDreamSky jumps 6% on debut after $116m US IPO
Shares in iDreamSky Technology - a Chinese third-party mobile game publisher backed by Legend Capital and Redpoint Ventures - jumped 6.42% on the firm's NASDAQ debut.
Chinese home projector maker XGimi Tech secures $16.5m
XGimi Technology, a home projector manufacturer, has secured a RMB100 million ($16.5 million) Series A round of financing from Shenzhen CDF-Capital.
South Korea mobile loyalty platform raises $3.9m
Daesung Private Equity and Bokwang Investments have invested $3.9 million in Spoqa, the South Korean start-up behind mobile loyalty platform Dodo Points.
Qualcomm backs India's Portea Medical
Qualcomm Ventures, the venture investment unit of US chip-maker Qualcomm, has invested in India's Portea Medical, a provider of in-home healthcare services. The financial details of the transaction were not disclosed.
Asian Venture Capital: Not yet bubble territory
Is Asian venture capital back in favor? Based on what has been happening in the last year or so, the answer would be a resounding yes. Like their peers in Silicon Valley, the Asian VC community is certainly seeing more activity than say three years ago....
Arbor leads $3.3m Series A round for Japan e-payments service
Arbor Ventures has led a $3.3 million Series A round for Exchange Corporation (ExCo), the Japanese start-up behind e-commerce payment and instant credit service Paidy, with participation from CyberAgent Ventures and Recruit Strategic Partners. Exisiting...
Inventus, IDG lead $2m Series A for India's Peel-works
Inventus Capital Partners and IDG Ventures India have led a $2 million Series A round of funding for Peel-works, a Mumbai-based software as a service (SaaS) and big data analytics firm.
Chinese big data platform raises $25m Series C round
Baifendian, a Chinese data analytics start-up, has raised a $25 million Series C round of financing. Details of investors were not disclosed.
Sequoia, Mayfield lead $16m investment in India's Knowlarity
Sequoia Capital and Mayfield Advisors have invested $16 million in India's Knowlarity Communications, a cloud telephony and call handling solutions provider.