Eight Roads
Eight Roads launches $223m Japan fund
Eight Roads Ventures, the proprietary investment arm of Fidelity International, has launched its second dedicated Japan fund with a corpus of JPY25 billion ($223 million). The firm’s parent committed all of the capital.
Eight Roads launches $250m China healthcare fund
Eight Roads Ventures, the proprietary investment arm of Fidelity International, has launched its debut China healthcare fund worth $250 million. All the capital comes from the firm's parent.
Deal focus: VCs to rebalance Indian shortcoming
Lifestyle changes due to economic development in India are impacting the country's disease patterns. Fidelity International is bringing much needed venture capital to a medical research space addressing the issue
Eight Roads, F-Prime invest $25m in India's PlasmaGen
Indian biopharmaceuticals company PlasmaGen BioSciences has raised a $25 million funding round led by Eight Roads Ventures.
Eight Roads leads $12.5m Series C for India's Unbxd
Eight Roads Ventures has led a $12.5 million Series C funding round for Unbxd, an India-founded e-commerce services company now headquartered in the US.
VCs back Series C for China mother-and-baby player
Eight Roads Ventures has led a group of investors in a Series C round of funding for Mama+, a social networking and e-commerce platform focused on China’s mother-and-baby market.
Mahindra leads $21m round for India's Medwell
Mahindra Partners has led a $21 million Series B round for Indian home healthcare start-up Medwell Ventures, operator of Nightingales Home Health Services.
B Capital leads $25m Series C for India's Icertis
B Capital Group - a VC firm launched by Facebook co-founder Eduardo Saverin - has led a $25 million Series C round for Icertis, an India and US-based company that provides cloud-based contract management software.
Portfolio: Eight Roads and China's DeltaHealth
Eight Roads decided to leverage the development of China’s healthcare sector by building a hospital, but addressing the various challenges that come with a greenfield strategy requires very patient capital
India dairy player Milk Mantra raises $10m Series D
Neev Fund, an investment vehicle sponsored by the State Bank of India (SBI), has led a $10 million Series D round for Milk Mantra Dairy.
Eight Roads leads $12m Series B for India's Core Diagnostics
Eight Roads Ventures has led a $12 million Series B round for India-based medical diagnostics services provider Core Diagnostics.
Deal focus: Eight Roads bets on IFMR as a credit hub
Eight Roads sees IFMR Capital as the backbone India's financial services sector needs in order to support growing but still vulnerable non-banking financial companies
Eight Roads backs India's IFMR Capital
Eight Roads Ventures India has invested $25 million in Indian non-banking finance company (NBFC) IFMR Capital.
Deal focus: Eywa brings experienced edge to generics
Eight Roads Ventures India sees considerable strengths in Eywa to tackle the lucrative US generic pharmaceuticals market
Fidelity funds join $30m round for Singapore's Eywa
Eight Roads Ventures India and US-based F-Prime Capital - both of which are controlled by Fidelity - have joined a $30 million investment in Singapore and India-based drug manufacturer Eywa Pharma.
Eight Roads leads $12m round for Japan's Toreta
Eight Roads Ventures Japan has led a JPY1.2 billion ($11.8 million) investment in Toreta, a Tokyo-based reservation and customer management platform aimed at restaurants.
India's PE-backed Laurus Labs file for IPO
Indian pharmaceutical products developer Laurus Labs has filed for a domestic IPO, offering a partial exit for backers Warburg Pincus and Eight Roads Ventures.
Deal focus: VCs back Japan’s fintech underdog
As Japan's traditional financial institutions take time to address demand for online payment services, start-ups are trying to corner the market. Exchange Corporation's Series B round is intended to make sure it is one of them
Ex-SBCVC partner Joe Chang joins Eight Roads China team
Eight Roads Ventures has appointed former SBCVC investment partner Joe Chang as a partner on its China team.
Wanda to acquire PE-backed Chinese movie portal Mtime
China’s largest cinema group Wanda Cinema Line has agreed to assume full control of Mtime.com, a local online movie ticketing platform backed by several VC investors, in a deal worth $280 million.
WiL leads $10.6m round for Japan's Retty
World Innovation Lab (WiL) has led a JPY1.1 billion ($10.6 million) investment in Japanese social media-oriented restaurant guide operator Retty.
Eight Roads leads $15m round for Japan payments provider
Eight Roads Ventures has led a $15 million Series B round of funding for Paidy, a cardless payment and instant credit service offered by Japanese financial technology platform Exchange Corporation.
Japan’s Whill closes $17.5m Series B
Eight Roads Ventures has led a $17.5 million Series B round for Japanese wheelchair and personal mobility device developer Whill.
Harvest leads $50m round for China’s Hua Medicine
Harvest Fund Management has led a $50 million Series C round – which was more than 3x oversubscribed – for China-based clinical-stage diabetes treatment developer Hua Medicine.