Growth capital
Warburg's Chang Sun targets $1b China agribusiness fund
Black Soil Capital Partners, a private equity firm newly formed by Chang Sun, formerly Asia managing director at Warburg Pincus, is looking to raise $1 billion for its debut China agriculture-focused fund.
China cancer diagnostics firm Burning Rock raises $23m
Burning Rock Biotech, a Chinese cancer diagnostic start-up, has raised RMB150 million ($23 million) in an extended Series A round of funding from Ji Feng Capital, Sequoia Capital and Legend Star.
Global Environment Fund commits $11m to India's Concord
Global Environment Fund (GEF), the US-based cleantech-focused private equity firm, has invested $11 million in Indian wastewater treatment firm Concord Enviro Systems.
Alibaba, Tencent in $313m round for CMC’s smart TV start-up
Whaley Technology, a smart TV maker founded by Chinese media mogul Ruigang Li, has raised RMB2 billion ($313 million) in funding from Li’s media-focused fund CMC Capital Partners, Alibaba Group and Tencent Holdings.
LeapFrog takes part in $25m round for India's IFMR Holdings
LeapFrog Investments and Lok Capital have taken part in a $25 million funding round, led by global microfinance-oriented nonprofit Accion, for Indian non-banking finance company (NBFC) IFMR Holdings.
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.
Indian payments security start-up raises $7.5m Series B round
Indian online payment security system developer OneAssist has raised a $7.5 million Series B round led by US insurance firm Assurant, with participation by existing investors Sequoia Capital and Lightspeed Venture Partners.
CITIC Goldstone leads $31m round in China’s Zhubaijia
Zhubaijia, a Chinese short-term vacation rentals platform, has raised RMB200 million ($31 million) in a Series B round of funding led by CITIC Securities’ direct investment arm Goldstone Investment.
China’s cancer drug developer Ascentage secures $15m
Ascentage Pharma Group, a Shanghai-based cancer drug developer, has raised a RMB95 million ($15 million) Series A round of funding led by Oriza Seed and YuanMing Capital.
Ant Financial leads $200m round for China’s Qufenqi
Ant Financial Service Group, Alibaba Group's online financial services affiliate, has led a $200 million round of funding for Qufenqi, a Chinese electronics retailer that allows buyers to pay in installments.
Blume, Tiger Global invest $30m in warehouse robotics start-up
Tiger Global Management and Blume Ventures have led a $30 million Series B round of funding for Indian warehouse robotics developer GreyOrange Robotics.
Chinese second-hand car trading site Mychebao raises $50m
JD Capital and Addor Capital have led a RMB300 million ($50 million) Series B round of funding for Mychebao.com, a Chinese online trading platform for second-hand cars.
India payments firm raises $23m from Helion, Social+Capital
Helion Advisors and Social+Capital have participated in a $23 million Series C round for mobile payment solutions provider Ezetap.
Tencent leads $90m round for India's Practo
Tencent has led a $90 million Series C round for Indian clinic management developer and doctor search portal Practo, with participation from Sofina, Google Capital, and others.
Shenzhen Cowin leads $16m round for private chef app
Shenzhen Cowin Capital has led a RMB100 million ($16 million) Series B round for Hao Chushi, a Chinese mobile app for booking private chef services, with participation from Lightspeed China Partners.
Ex-IDG partners seek $160m for debut China TMT fund
Feng Li and Ben Lin, formerly partners at IDG Capital Partners, are looking to raise RMB1 billion ($160 million) for their debut China venture fund.
MIRA invests $122m in India's Ind-Barath Energy
Macquarie Infrastructure & Real Assets (MIRA) has invested INR7.8 billion ($122 million) in India power producer Ind Barath Power Infra (IBPIL), providing an exit for 3i and PTC Financial Services.
US-based Metaway Capital backs China online finance site
Metaway Capital has led a RMB100 million ($16 million) Series A round for Chinese online banking site Bankwel.
Tiantu leads $60m round for China electronics recycling site
Consumer-focused GP Tiantu Capital has led a $60 million Series C round of funding for Aihuishou, which claims to be the largest online electronics recycling platform in China.
Tencent leads $60m round for Hong Kong online brokerage
Tencent Holdings has led a Series B round of funding worth $60 million for Hong Kong-based online brokerage Futu5.com, with participation from Matrix Partners and Sequoia Capital.
Adenium Energy, Hudson Clean Energy form $300m Japan solar JV
Dubai-based Adenium Energy Capital and US PE firm Hudson Clean Energy Partners have set up a joint venture that will invest $300 million in Japanese solar power projects.
China mobile health solutions provider raises $36m
Shanghai KingYee, a Chinese mobile healthcare services provider, has completed a RMB221 million ($36 million) Series C round of funding led by Sensegain Investment. SoftBank China Venture Capital (SBCVC) and HighLight Capital also participated.
Baidu leads $100m round for China’s laundry app Edaixi
Baidu has led a $100 million Series B round of funding for Edaixi, an mobile-based on-demand laundry service.