With millions of Indian students facing the possibility of an academic year conducted entirely online, educational technology start-ups have an opportunity for business model validation
Shihuituan, a China-based community group buying platform also known as Nice Tuan, has raised $80 million in the second tranche of a Series C round led by CDH Investments.
Eurazeo Growth, a joint venture between French GPs Eurazeo and Idinvest Partners, has joined a $125 million Series B round for UK and Singapore financial technology player Thought Machine.
Traveloka, an Indonesian online travel services company, has closed a funding round of $250 million, reportedly accepting a stepdown in valuation in the process.
India's Vedantu has raised $100 million in funding to support its ongoing diversification into non-test preparation services. Other players in the online education space have similar plans
Videogaming has outgrown entertainment and media to become a sector unto itself, with new angles for exposure multiplying rapidly. E-sports is an area to watch
Permira has acquired a majority stake in EF Kids & Teens, an English language education provider that operates 288 schools in China and 79 in Indonesia.
With $21 million in dry powder, Tidal Ventures wants to bring institutional rigor to Australia's seed stage, helping prepare start-ups for Series A rounds
Wavemaker Partners overcome COVID-19 uncertainty to close its latest fund at $111 million. Enterprise-facing and deep technology companies in Southeast Asia are likely targets
MyRealTrip, a South Korean travel super app that positions itself as a one-stop-shop for bookings, has raised KRW43.2 billion ($36 million) in funding from the likes of Altos Ventures, IMM Investment, and Axiom Asia.
Suzhou High-tech Zone has launched a RMB10 billion ($1.4 billion) integrated circuit (IC) fund with support from local government guidance funds, corporates, and financial institutions.
SmartX, a Chinese enterprise cloud services provider, has closed an extended tranche of its Series B round as well as a Series C round, raising RMB200 million ($28 million) in total.
Investors are backing DRX to generate international buzz for e-sports in Korea, following in the footsteps of K-pop, K-food and K-beauty. Overseas interest is already mounting
Korea Development Bank (KDB) and local private equity firms Nvestor, Intervest and IMM Investment have participated in a $41.8 million pre-Series D round for Riiid, a Korean online education platform.
Steadview Capital has invested $85 million in India and US-based cloud business software developer Freshworks through the purchase of shares from existing investors.
CPE - formerly CITIC Private Equity - and GDS Holdings have jointly acquired a greenfield data center project in China that will represent a RMB2.6 billion ($371 million) investment upon completion.
MakinaRocks, a Korean artificial intelligence (AI) start-up that helps manufacturers achieve production efficiencies through the application of deep learning technology, has raised KRW12 billion ($10 million) in Series A funding.
AIpark founder Jun Yan claims there are five million street parking spaces in China's 100 largest cities that could use his car parking management system. A Gaorong Capital-led Series C round will help him reach them
Pine Labs, an Indian payments start-up backed by MasterCard, PayPal, and Sequoia Capital India, has invested Fave, a Malaysian e-commerce platform also supported by Sequoia.
Vitalbridge Capital, a Chinese venture capital firm established by Jinjian Zhang, formerly of Trustbridge Partners, has raised $150 million for its debut fund.
Taranis, an Israel drone-based crop monitoring solution provider for farms, has raised $30 million in a Series C round eyeing expansion opportunities in Asian markets.
Having spent the past three years on healthcare buy-and-build platform Everlife Asia, Amit Kakar’s is joining life sciences investor Novo Holdings as regional head. He explains why now is the time to bet big on Asia
Excluded from US supply chains, China is looking to satisfy its semiconductor appetite from within. Domestic start-ups can command huge valuations, but are they sustainable?
Beijing-based Cambricon Technology, which is backed by CICC Capital, Alibaba Group, and Lenovo, has listed on the Star Market. It is the first Chinese artificial intelligence (AI) chip manufacturer to complete an IPO.