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Technology

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.

  • Greater China
  • 21 March 2016
Altos closes second Korea VC fund at $110m

US-based venture capital firm Altos Ventures has closed its second Korean Opportunity Fund (KOF) at the hard cap of $110 million.

  • North Asia
  • 21 March 2016
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

  • Southeast Asia
  • 20 March 2016
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.

  • Southeast Asia
  • 18 March 2016
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.

  • Greater China
  • 18 March 2016
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.

  • Greater China
  • 17 March 2016
VC-backed SMIT targets up to $37m in Hong Kong IPO

SMIT Holdings, a China-focused provider of payment systems and security devices for TV broadcasters, which has several VC investors, is looking to raise as much as HK$291 million ($37 million) through a Hong Kong IPO.

  • Greater China
  • 16 March 2016
VC-backed Gunosy commits $5m to Indonesia's Kurio

Gunosy, a listed Japanese news app backed by VC firms Jafco and B Dash Ventures, has committed IDR67 billion ($5 million) to Kurio, a similar company based in Indonesia.

  • North Asia
  • 16 March 2016
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.

  • Greater China
  • 16 March 2016
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.

  • Southeast Asia
  • 16 March 2016
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

  • Greater China
  • 16 March 2016
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

  • Greater China
  • 16 March 2016
Japan hiking app provider Yamap raises $1.5m

Japan-based Hiking app provider Yamap has raised JPY170 million ($1.5 million) in a Series A funding round led by mobile gaming services company Colopl.

  • North Asia
  • 15 March 2016
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

  • South Asia
  • 15 March 2016
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).

  • North Asia
  • 15 March 2016
Carlyle buys Japanese software group WingArc1st

The Carlyle Group has agreed to take a 100% stake in Japanese enterprise output management (EOM) and business intelligence (BI) software provider WingArc1st.

  • North Asia
  • 14 March 2016
China Everbright, Catalyst back 3D printing player

China Everbright and Israel-based Catalyst Private Equity have led a $25 million investment in 3D printing company XJet.

  • Greater China
  • 14 March 2016
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.

  • South Asia
  • 11 March 2016
Streaming media provider Iflix gets $45m for SE Asia rollout

Malaysia-based VC-backed internet television service Iflix has attracted $45 million of strategic investment from fellow Netflix rivals, including European broadcaster Sky, to expand the company’s business across Southeast Asia.

  • Southeast Asia
  • 11 March 2016
Lakeshore Capital invests in Thailand's ReadyPlanet

Thailand-focused GP Lakeshore Capital Partners has invested an undisclosed amount in digital marketing service provider ReadyPlanet.

  • Southeast Asia
  • 10 March 2016
UK’s Amadeus leads Series C round for IndiaMART

Amadeus Capital Partners has made its first direct investment in India by leading a Series C round for business-to-business (B2B) classified listing marketplace IndiaMART.

  • South Asia
  • 10 March 2016
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?

  • North Asia
  • 09 March 2016
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

  • South Asia
  • 09 March 2016
India's KartRocket ups Series B by $2m

Indian e-commerce platform KartRocket has raised $2 million, adding to the company's Series B round announced in January.

  • South Asia
  • 09 March 2016
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