Technology
Softbank, Foxconn, Alibaba lead $500m round for Snapdeal
SoftBank Group, Foxconn Technology Group and Alibaba Group have led a $500 million investment in Indian online marketplace Snapdeal.
Tiger invests $15m in Indian fashion site Roposo
Tiger Global has invested $15 million in Indian fashion-oriented social network Roposo.
Chinese event venues search portal raises $20m
HotelGG.com, a Chinese online booking platform for event venues, has raised $20 million in a Series B round of funding from existing investors including Matrix China Partners, Chengwei Ventures and SIG China.
Kalaari leads funding round for YourStory
Indian tech business news website YourStory has raised a Series A round led by Kalaari Capital, with participation from Qualcomm Ventures, Ratan Tata and T.V. Mohandas Pai.
India's VC-backed Mobikon buys Singapore's Trii.be
Indian customer engagement and marketing platform Mobikon, which is backed by Jungle Ventures, has bought Singapore's feedback management start-up Trii.be.
Samurai Incubate launches Israel accelerator
Tokyo-headquartered start-up accelerator Samurai Incubate is recruiting Japanese companies to participate in its three-month Israel accelerator program.
Japan bitcoin exchange raises $4m
Tokyo-based bitcoin exchange platform bitFlyer has raised a JPY510 million ($4 million) round of funding from a group of Japanese investors.
India's AgroStar raises $3.6m from IDG Ventures, Aavishkaar
IDG Ventures has led a $3.6 million funding round for Indian agriculture-focused mobile commerce firm AgroStar, with participation by existing investor Aavishkaar Venture Management Services.
Bessemer leads $50m round for Indian online grocer
Indian online grocer BigBasket has raised a $50 million funding round led by existing investor Bessemer Venture Partners.
CITIC Goldstone leads $31m round in China’s Zhubaijia
Zhubaijia, a Chinese short-term vacation rentals platform, has raised RMB200 million ($31 million) in a Series B round of funding led by CITIC Securities’ direct investment arm Goldstone Investment.
Zodius leads $20m round for India's Allygrow
Zodius Technology Fund has led a $20 million funding round for Indian engineering services start-up Allygrow Technologies.
ChrysCapital invests $63m in US IT consulting firm Infogain
ChrysCapital has invested $63 million in Infogain, an Silicon Valley-based IT consulting firm, in exchange for a majority stake in the business.
Alibaba acquires 20% stake in Hony-backed Suning
Alibaba Group has agreed to invest RMB28.3 billion ($4.63 billion) in Suning Commerce, a leading Chinese consumer electronics retail chain backed by Hony Capital, in exchange for a 19.99% stake.
IDG, Carlyle invest $1b in China's SouFun Holdings
IDG Capital Partners and the Carlyle Group are investing $1 billion in Beijing-based online real estate portal SouFun Holdings alongside the company's management.
China’s CASH Capital targets $193m for Fund II
CASH Capital, the venture capital arm of the state-owned Chinese Academy of Sciences Holdings (CASH Holdings), is seeking to raise RMB1.2 billion ($193 million) for its second renminbi-denominated venture fund.
INCJ, AXA invest $5m in Japan's Smartdrive
The state-backed Innovation Network Corporation of Japan has joined Axa Direct Japan - the Japanese unit of the French insurer AXA - to invest JPY660 million ($5.3 million) in Smart Drive, a Tokyo-based start-up providing automobile data analytics.
Tencent leads $90m round for India's Practo
Tencent has led a $90 million Series C round for Indian clinic management developer and doctor search portal Practo, with participation from Sofina, Google Capital, and others.
Shenzhen Cowin leads $16m round for private chef app
Shenzhen Cowin Capital has led a RMB100 million ($16 million) Series B round for Hao Chushi, a Chinese mobile app for booking private chef services, with participation from Lightspeed China Partners.
Japan's Dentsu backs US social robot start-up Jibo
Dentsu Ventures, the corporate VC arm of the eponymous Japanese advertising giant, has invested $3 million in US social robot start-up Jibo.
Ex-IDG partners seek $160m for debut China TMT fund
Feng Li and Ben Lin, formerly partners at IDG Capital Partners, are looking to raise RMB1 billion ($160 million) for their debut China venture fund.
Helion invests $3m in India mobile services player Doormint
Helion Venture Partners has committed $3 million in a Series A round of investment to Blackcotton Solutions, the start-up behind Indian mobile home services platform Doormint. Kalaari Capital also took part in the round.
US-based Metaway Capital backs China online finance site
Metaway Capital has led a RMB100 million ($16 million) Series A round for Chinese online banking site Bankwel.
VC-backed Mogujie leads $30m round for China C2C retail player
Mogujie – a Chinese online shopping platform and social network that has received several rounds of VC funding – has led a $30 million investment in Taoshiji, a cross-border consumer-to-consumer (C2C) mobile retail app.
Juren leads $9m Series A round for ChinaNetCloud
Juren Capital has led a $9 million Series A round for Chinese cloud server solutions start-up ChinaNetCloud.