B Capital
Boyu, Janchor back China medical finance start-up
MediTrust Health, China-based healthcare payments and insurance platform, has raised RMB2 billion ($309 million) in Series C funding led by Boyu Capital and Janchor Partners.
CoinDCX raises $90m, becomes India’s first crypto unicorn
B Capital Group has led a $90 million Series C round for Indian cryptocurrency exchange CoinDCX at a valuation of $1.1 billion, making it the country’s first crypto unicorn.
China's Miaoshou Doctor raises $231m Series F
Beijing Yuanxin Technology, operator of China-based online healthcare services platform Miaoshou Doctor, has raised RMB1.5 billion ($231 million) in Series F funding featuring Sequoia Capital China.
B Capital taps Goldman Sachs talent for Asia push
B Capital Group has hired Sheila Patel, formerly the Singapore-based chairman of Goldman Sachs Asset Management, as a vice president amid a concerted Asian expansion drive.
Deal focus: Carro prioritizes car financing as ecosystem enabler
Southeast Asia’s Carro has achieved critical mass as a used car trading platform, but the start-up regards financial services as the key growth area. It is now backed by SoftBank Vision Fund’s considerable heft
China VCs bullish on SaaS - AVCJ webinar
Software-as-a-service (Saas) has emerged as the biggest investment opportunity in China's technology sector, venture capitalists told AVCJ's China outlook webinar.
Q&A: B Capital’s Raj Ganguly
In the past few months, B Capital Group has closed a late-stage fund, entered China, and moved forward with a seed-stage vehicle. Co-founder Raj Ganguly explains the firm’s thinking
B Capital expands into China, raises follow-on fund
US and Singapore-headquartered VC investor B Capital Group has established a China presence and closed a late-stage follow-on fund of $415 million for existing portfolio companies.
GPs & SPACs: Filthy lucre?
The global SPAC craze is percolating into Asia, with private equity firms among the sponsors. LPs aren’t necessarily comfortable with the development, but there’s only so much they can do about it
B Capital launches SPAC
B Capital Group, a US-based venture capital firm with a presence in Singapore and a significant Asia portfolio, is looking to raise $300 million for a special purpose acquisition company (SPAC).
Prosus Ventures appoints head of Southeast Asia
Prosus Ventures, formerly a VC arm of South African conglomerate Naspers, has engaged Sachin Bhanot as its Singapore-based head of Southeast Asia.
B Capital to support Yalochat's Asia expansion
B Capital has led a $15 million Series B round for Yalochat, a US-headquartered messaging-focused customer relations management platform, with plans to help it introduce its solutions to emerging markets in Asia.
Fund focus: B Capital begins second innings
Growth capital investor B Capital expects enterprise services to feature prominently in its Fund II portfolio as technology ecosystems in Southeast Asia and India continue to develop
B Capital closes second fund at $820m
B Capital Group, a US-based VC with a presence in Singapore and a significant Asia portfolio, has closed its second global fund at $820 million.
Deal focus: Khatabook aspires to be shopkeeper’s best friend
Khatabook, which helps India's small business owners track their transactions, has accumulated eight million users in the last two years. A recent Series B round is intended to help the company reach 30 million
B Capital forms partnership with Singapore incubator Antler
B Capital Group, a global growth-stage investor active in Southeast Asia, has formed a partnership with Singapore-based start-up incubator Antler.
B Capital leads Series B for Indian bookkeeping start-up
B Capital has led a $60 million Series B round for Khatabook, a digital ledger software provider for micro, small and medium-sized enterprises (MSMEs) in India.
Sequoia leads $109m round for Indonesia coffee chain
Sequoia Capital India has led a $109 million Series B round for Kopi Kenangan, an app-driven grab-and-go coffee chain based in Indonesia.
Singapore's Ninja Van raises $279m Series D
GeoPost, a logistics division of French postal services giant La Poste, has led a $279 million Series D round for Singapore last-mile delivery start-up Ninja Van.
Coronavirus & India VC: Struggling to work
Investors don’t expect business activity in India to resume until the second half. Many start-ups will be desperate for capital before then
India’s Bizongo gets $30 million Series C
Indian B2B packaging marketplace Bizongo raised $30 million in a Series C round led by Schroder Adveq.
Accel, B Capital ride Series D for India's Bounce
Indian scooter rental platform Bounce has raised $105 million in a Series D round led by Accel Partners and B Capital Group.
Singapore's Carro raises $30m for extended Series B
Singaporean auto marketplace operator Carro has raised $30 million from investors including SoftBank Ventures Asia as part of an extended Series B round.
B Capital, Falcon Edge lead $72m round for India's Bounce
Indian scooter rental start-up Bounce, formerly known as Metro Bikes, has raised a $72 million Series C round led by B Capital and Falcon Edge Capital.