DST Advisors
India taxi-booking service Ola closes Series E round at $400m
Indian taxi-booking service Ola - operated by ANI Technologies - has closed its latest Series E round of funding at $400 million, valuing the company at $2.4 billion. The round was led by DST Global.
DST leads $315m round for India taxi-booking service Ola
DST Global has led a $315 million investment in ANI Technologies, operator of India taxi-booking platform Ola, alongside existing investors Tiger Global Management and Steadview Capital.
Chinese K12 education site 17zuoye raises $100m
H Capital has led a $100 million Series D round of funding for 17zuoye.com, a Chinese K-12 online learning and teaching platform. Singapore’s Temasek Holdings, DST Advisors and Shunwei Capital Partners, also took part in the round.
China’s two largest VC-backed taxi-booking apps to merge
Didi Dache and Kuaidi Dache, China's two largest venture capital-backed taxi-booking app start-ups, are planning to merge to create one of the largest companies of its kind in the world.
Shunwei commits $9.6m to China interior decorating platform
Shunwei Capital Partners has led a RMB60 million ($9.6 million) Series A round of funding for Ikongjian.com, a Chinese interior finishings site, with participation from H Capital and DST Advisors.
Investors back WeLab’s financial innovation
For Hong Kong-based financial technology start-up WeLab, setting up a peer-to-peer lending (P2P) platform was never the priority. Rather, the company wanted to develop and leverage its capabilities in the design of internet finance products and big data...
DST, Iconiq join Series A round for Hong Kong P2P lender WeLab
DST Global founder Yuri Milner, Iconiq Capital and a joint venture between China Post and TOM Group have been added to Hong Kong-based internet finance start-up WeLab’s Series A round, taking the total raised to $20 million.
China’s Xiaomi confirms $1.1b funding round
Chinese smartphone maker Xiaomi has raised $1.1 billion further round led by Hong Kong-based All-Stars Investment. DST Advisors, Singapore’s GIC Private, Hopu Investment Management and Yunfeng Capital have also participated.
India's Flipkart raises $700m round
Indian e-commerce giant Flipkart has completed another round of funding worth $700 million from a combination of new and existing investors. The company has now raised $1.9 billion in 2014 and around $2.8 billion since inception.
Chinese taxi-booking app Didi Dache raises $700m
Singapore’s Temasek Holdings, DST Global and Chinese internet giant Tencent Holdings have led a new round of funding worth $700 million for Didi Dache, a Chinese taxi-booking app.
DST leads $100m round for Chinese payment platform Fenqile
DST Advisors has led a $100 million Series B round of funding for Fenqile.com, a Chinese installment payment platform.
Capital Today, DST, Hillhouse raise $619m through JD.com share sale
Capital Today, DST Advisors and Hillhouse Capital Management have raised $618.9 million by selling a portion of their shares in JD.com, the Chinese online retailer that went public earlier this year.
PE investors set for another JD.com windfall
Capital Today, DST Advisors and Hillhouse Capital Management will sell more shares in Chinese e-commerce giant JD.com through a follow-on offering.