Taiwan’s technology sector must play an awkward balancing game amid US-China tensions. This could be a surprisingly favorable position for opportunistic investment and global diversifications
Anacacia Capital has acquired a controlling stake in Pump Haircare, an Australian organic hair products brand that is looking to further expand its online distribution channels.
Apis Partners has invested $35 million in Indian digital payments services provider Cashfree as part of a Series B round also featuring Smilegate Investment and Y Combinator.
Russia’s DST Global has led a $200 million Series E round for Indian used car platform operator Cars24 at a valuation of more than $1 billion.
Manbang Group, China's so-called "Uber for trucks" that matches shippers with drivers and fleet operators, has raised a $1.7 billion round led by SoftBank Vision Fund, Sequoia Capital China, Permira and Fidelity.
Yunyinggu, a Chinese manufacturer of integrated circuits used in flat screen displays, has raised RMB300 million ($46 million) in Series D funding led by Sequoia Capital China.
Wish, a cross-border e-commerce platform that connects Chinese merchants who primarily sell products through domestic channels like Alibaba Group’s Taobal and Tmall with consumers in the US and Europe, has filed for a US IPO.
500 Startups has launched a Cambodian unit in partnership with Khmer Enterprise, a start-up ecosystem support arm of the local government’s Entrepreneurship Development Fund.
Codemao, a Chinese online education platform that teaches coding to children, has raised RMB1.3 billion ($198 million) in Series D funding led by Baring Private Equity Asia.
Indian conglomerate Reliance Industries has announced the completion of a funding round for its retail unit with INR472.7 billion ($6.4 billion) in commitments from eight investors.
Indian financial technology provider True Balance has raised a $28 million Series D round from a group including SoftBank Ventures Asia.
Going on the offensive is the best response to COVID-19 - taking advantage of market uncertainty to make new investments and help portfolio companies complete bolt-on acquisitions - the AVCJ Forum heard.
PingCap, a China cloud database service provider, has raised a $270 million Series D round led by GGV Capital, Access Technology Venture, Anatole Investment, Jeneration Capital and 5Y Capital.
Yatsen Holding, the parent company of Chinese cosmetics brand Perfect Diary, gained 75% on its first day of trading on the New York Stock Exchange following a $616.9 million IPO.
Macquarie and Armitage Associates are both set to make partial exits when analytics software provider Nuix completes its Australia IPO.
Institutional investors looking to diversify their growth portfolios are increasingly turning to technology and emerging managers, the AVCJ Forum heard.
17 Education & Technology Group, a China-based education service provider that claims to pursue an integrated “in-school plus after-school” model, has filed for a US IPO.
Opportunities to build Chinese platforms that can outperform segment leaders such as video-sharing apps Kuaishou and Douyin may not exist in the coming years, the AVCJ Forum heard.
Cloud-based infrastructure, logistics technology, mobility solutions and the internet of things are key themes for Future Capital as it begins to deploy its latest China-focused early-stage technology fund
CITIC Capital is exiting its stake in business intelligence database provider ISI Emerging Markets Group to UK-based Montagu Private Equity.
XAG, a Chinese manufacturer of agricultural drones, has raised a RMB1.2 billion ($182 million) round led by Baidu Capital and SoftBank Vision Fund II.
India-based food delivery business Zomato has raised $195 million from a group of investors including US-based Kora Management and Luxor Capital, and Korea’s Mirae Asset Capital.
Zilliz, a Chinese open-source software developer specializing in unstructured data processing and analysis, has raised a $43 million Series B round led by Hillhouse Capital affiliate GL Ventures.
XYLink, a Chinese cloud communication service platform, has raised a RMB400 million ($60 million) Series D round led by Qi An Xin, a cybersecurity spinout from Qihoo 360.