Technology
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...
Hony leads $50m round for US mobile commerce specialist
Chinese GP Hony Capital has led a $50 million round of expansion funding for Deem, a San Francisco-headquartered cloud and mobile commerce company.
Bain sells Japan's Bellsystem24 stake to Itochu
Bain Capital has sold a 49.9% stake in Bellsystem24 Holdings to trading house Itochu Coporation for an undisclosed amount.
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.
Apis Partners to launch Asia, Africa fintech fund
Newly-created private equity firm Apis Partners has launched its first growth capital fund targeting financial technology (fintech) investments in Asia and Africa.
Inflexion Point launches $15m Japan-focused game fund
Singapore venture capital firm Inflexion Point Capital (IPC), has launched a $15 million fund to focus on investments in Japan's mobile gaming start-ups.
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.
Government funds back Chinese P2P platform Huaguo
The government-backed Blue Economy Zone Industry Fund (Blue Fund) and Capital Science and Technology Group, the private equity arm of the Beijing local government, have led a Series A round of funding for Chinese peer-to-peer (P2P) lending platform Huaguo...
Global Brain, others lead $4m Series C round for Japan photo app
Japanese early stage investor Global Brain Corp. has joined Energy and Environment Investment and publishing firm Kodansha to invest JPY400 million (about $4 million) in Toyko-based Mind Palette, the start-up behind fashion-focused photo sharing app Snapeee.
EQT buys HK compliance and integrity service provider Dataflow
EQT Partners has acquired a majority stake in Dataflow Verification Services, an immigration compliance and credential verification service provider based in Hong Kong, via its EQT Mid Market Fund.
Qualcomm commits $150m to invest in Chinese start-ups
Qualcomm has launched a $150 million strategic venture fund to invest in Chinese start-ups in the mobile technology space.
SAIF Partners leads $15m round for US monetization platform
SAIF Partners has led a $15 million Series B round of funding for Supersonic, a mobile app monetization firm based in San Francisco.
Temasek’s Pavilion Capital leads $60m round for Rong360
Temasek Holdings’ Pavilion Capital has led a $60 million Series C round of funding for Rong360, a Chinese online search for loan products.
Founders Fund, Shasta Ventures back Australia's Canva
Founders Fund and Shasta Ventures have led a $3.6 million round of funding for Canva, an Australian website that allows amateur designers to create polished web graphics using drag-and-drop tools.
Hao, DCM, Baidu provide Series C for Beijing Wanxue Education
Hao Capital, DCM and Baidu have invested in a Series C round of funding for Beijing Wanxue Education, a Chinese online education service provider.
Helion leads Series A for mobile workplace provider
India’s Helion Venture Partners has led a $6.5 million Series A round of funding for Workspot, a cloud-based administration platform that allows users to access business applications and data via mobile devices.
Chinese education site Yuantiku raises $15m
Yuantiku, a Chinese online education platform, has raised $15 million in a Series C round of funding from existing investors IDG Capital Partners and Matrix Partners.
VC firm launches $13.6m Anglo-Japanese agri fund
Japanese venture capital firm Tsukuba Technology Seed (TTS) has teamed up with the UK's Adapt Low Carbon Group to launch an Anglo-Japanese VC fund focusing on agricultural innovation.
Gobi, CBC commit $8m in China KeyTone Cloud
Gobi Partners and China Broadband Capital CBC) have co-led a RMB50 million ($8 million) Series A round of funding for in KeyTone Cloud, a Chinese cloud computing platform.
Norwest backs Capillary retail solution
Buy anything online today and there is a good chance the seller not only knows what you bought, but who you are, where you are and what you like. E-commerce firms can now mine a wealth of information on their customers; traditional brick-and-mortar retailers,...
Vision Knight bets big on property site
Vision Knight Capital expects massive growth in three segments of China’s e-commerce market over the next three years – property, autos and home decorating. Hence the private equity firm’s willingness to provide the largest portion of a $80 million...
India's budget: Roadmap to recovery?
India’s recent Union Budget represents the opening salvo from a government that many in the business community hope will get the country moving again. The private equity industry is watching closely
China luxury goods site Secoo raises $100m Series D round
Secoo.com, a Chinese luxury goods e-commerce platform, has raised more than $100 million in a Series D round of financing led by CMC Capital Partners.