Bertelsmann Asia Investments
China short-term rental site Xiaozhu raises $65m
Chinese short-term rental site Xiaozhu.com has collected a total of $65 million across two tranches from a group of China-focused VC investors.
Bertelsmann leads $17m Series B for India's Treebo
Bertelsmann India Investments has led a INR1.12 billion ($17 million) Series B round of funding for Indian budget hotel chain Treebo.
VCs invest $44m in China mobile app developer DotC United
DotC United, a Hong Kong-based mobile app publisher, has raised a RMB300 million ($44 million) Series A round of funding from several Chinese VC investors, including Banyan Capital and Chengwei Capital.
Bertelsmann leads $32m round for India's Lendingkart
Bertelsmann India Investments has led a $32 million Series B round for Indian finance platform Lendingkart.
China's Blued completes Series C round
Vision Knight Capital has led a Series C+ round for Chinese gay-oriented social network and community app Blued.
China dating app Tantan raises $32m Series C
Tantan, a Chinese version of US-based dating app Tinder, has completed a $32 million Series C round led by DST Global, Vision Plus Capital and LB Investment.
Bertelsmann leads round for Indian e-commerce platform
Indian e-commerce platform Kartrocket has raised a $6 million round led by Bertelsmann India Investments.
China’s Meituan leads $35m round for online campus store
Zhai.me, a Shanghai-based online convenience store aimed at students, has raised $35 million in a Series B round of funding led by Meituan.com, a group-buying site backed by Alibaba Group and several VC firms.
Source Code leads $31m round for China B2B liquor platform
China-based B2B liquor-trading platform Yijiupi has received RMB200 million ($31.3 million) in a Series B funding round led by Source Code, a VC firm created last year by Yi Cao, formerly of Ceyuan Ventures and Sequoia Capital.