e-commerce
LeapFrog leads $47m round for India's NeoGrowth
LeapFrog Investments has led a $47 million funding round for NeoGrowth Credit, a financial technology company that offers flexible loans to small retailers in India.
Global Brain backs $13m round for Japan's Base
Japanese venture capital firm Global Brain has led a JPY1.5 billion funding round for domestic online shopping start-up Base.
India's Teabox closes $7m Series B
Teabox, an online delivery service for fresh Indian tea, has closed a $7 million Series B funding round led by RB Investments.
KKR media platform leads $65m round for Southeast Asia's aCommerce
Emerald Media, an Asian investment platform created by KKR, has led a $65 million Series B funding round for Thailand-based online retailing services company aCommerce.
Accel invests $15m in Indian fashion retailer
Accel Partners has invested about INR1 billion ($15.3 million) in Universal Sportsbiz (USPL), an Indian fashion retailer that focuses on sports apparel under the name Collectabillia.
Thailand's Pomelo gets $19m Series B
Thailand-based clothing retailer Pomelo Fashion has received a $19 million investment from Provident Capital Partners, Lombard Investments and JD.com. It is said to be the largest Series B ever raised by a Thai company.
VCs in $6.5m round for Japan’s LaFabric
Globis Capital Partners has joined a group of venture capital firms in a JPY740 million ($6.5 million) funding round for Lifestyle Design, the Japanese operator of men’s custom-made fashion marketplace LaFabric.
VCs invest $27 million in Indonesia's Sale Stock
A number of Asian venture capital firms have contributed to an extended $27 million Series B funding round for Indonesian e-commerce player Sale Stock.
GGV leads $10m round for Asian snacks business
GGV Capital has led a $10 million Series A funding round for Yamibuy, a US-based e-commerce player focused on Asian snacks, beauty products, health supplements and home appliances.
Singapore's Jubilee Capital in $3m round for NZ fintech start-up
Latitude Technologies (Latipay), a New Zealand-based financial technology company that helps e-commerce players target Chinese consumers, has raised NZ$4.1 million ($3 million) from a group of investors including Singapore’s Jubilee Capital.
TA Associates invests $140m in India's TCNS Clothing
TA Associates has contributed to a $140 million round for Indian women’s apparel retailer TCNS Clothing.
Golden Gate leads $3.3m Series A for Singapore's HipVan
Golden Gate Ventures has led a S$4.7 million ($3.3 million) Series A round for HipVan, a Singapore-based online store for designer furniture.
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.
India's One97 to split e-commerce, payments businesses - report
Indian mobile services One97 Communications will spin off its electronic payment service Paytm into a separate entity under One97's co-founder Shekhar Sharma.
Singapore online grocer RedMart raises $26.7m
Singapore-based online grocery marketplace RedMart has raised $26.7 million in a bridge round from existing investors Garena Online, Softbank Ventures Korea and US-based Visionnaire Ventures.
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.
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.
VCs commit $18m to Chinese students' e-commerce platform
Imcoming.cn, a Chinese mobile e-commerce platform aimed at students, has completed a RMB110 ($18 million) Series A round of funding led by Greenwoods Investment and Sharing Capital.
Sequoia-backed NewsHunt acquires Indian e-commerce portal
Ver Se Innovation, the owner of Indian news aggregation app NewsHunt, has acquired Rocket Science Innovation, parent of online price comparison and recommendation platform BuyT for an undisclosed amount.
Ping An VC unit leads $55m round for China luxury goods site
Ping An Ventures, the venture capital arm of Ping An Group, has led a $55 million Series E round of funding for Secco Holding, a Chinese luxury goods e-commerce platform.
Nova, Caixa lead $3m Series A for Malaysia eyewear retailer
Nova Founders Capital and Caixa Capital have led a $3 million Series A round for Malaysia-based eyewear retailer GlassesGroupGlobal.
Ardent invests $2.2m in Indonesia B2B portal Bizzy
Ardent Capital has committed $2.5 million to Bizzy, an Indonesian provider of business-to-business (B2B) e-commerce services.