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Growth capital

BlueRun leads $100m Series C for China's QingCloud

China-based cloud computing platform QingCloud has raised a $100 million Series C round led by existing investor BlueRun Ventures.

  • Greater China
  • 08 March 2016
China VC-backed online campus store 8Dol raises $30m

8Dol.com, a Chinese campus O2O services provider backed by several VC investors, has raised an extended Series B round worth RMB200 million ($30 million) led by Longrich, a Chinese cosmetics company.

  • Greater China
  • 07 March 2016
China's LeTV raises $153m for cloud-computing unit

LeTV Cloud, a cloud-computing service platform owned by Chinese online video company Leshi Internet Information & Technology (LeTV), has raised RMB1 billion ($153 million) from state-owned Chongqing Industrial Investment Fund.

  • Greater China
  • 04 March 2016
Guo Jin leads $15m round for China education platform

Guo Jin Capital, a Shenzhen-based early-stage VC firm, has led a RMB100 million ($15.3 million) Series B round for ABC360, an online English learning platform.

  • Greater China
  • 04 March 2016
INCJ leads $35m investment in Singapore's Astroscale

Singapore-based satellite services and space technology company Astroscale has secured up to $35 million in funding from VC investors including Innovation Network Corporation of Japan (INCJ) and Jafco.

  • North Asia
  • 02 March 2016
Legend leads $30m round for China cloud services provider

Legend Capital has led a $30 million Series C round of funding for Haizhi, a China-based cloud computing service provider.

  • Greater China
  • 02 March 2016
Corporate VC in China healthcare: Formula for success

Despite the rapid growth of the Chinese pharmaceutical industry, corporate venture capital so far has not built a large presence. Industry participants say this shows the market, though booming, is still immature

  • Greater China
  • 02 March 2016
Kings of content: Investors target China media

From Alibaba Group to Wanda Group, Chinese companies are looking to tighten their hold on the media value chain, moving upstream and downstream. Private equity can profit from this evolving ecosystem

  • Greater China
  • 02 March 2016
China cloud technology start-up Transwarp secures $24m

Transwarp Technology, a Chinese big-data technology developer, has raised a RMB155 million ($24 million) Series B round of funding from domestic investors including Shanghai Real Power Emerging Industry Funds and Shenzhen Capital Group.

  • Greater China
  • 01 March 2016
BanyanTree invests $9m in India's Safex Chemicals

BanyanTree Finance has invested INR600 million ($9 million) in New Delhi-based farming pesticides and agrochemicals manufacturer Safex Chemicals.

  • South Asia
  • 29 February 2016
Eight Roads leads $8m round for Japan's Port

Eight Roads Ventures Japan has led a JPY900 million ($7.9 million) round of funding for Tokyo-based online content developer Port.

  • North Asia
  • 29 February 2016
Shunwei leads round for China legal services platform

Shunwei Capital Partners has led a Series B round of funding for Kuaifawu.com, a Chinese legal services platform that targets at small-and medium-sized enterprises (SMEs).

  • Greater China
  • 29 February 2016
China logistics provider Tian Tian Express raises $92m

Tian Tian Express, a Chinese courier service firm, has raised a RMB600 million ($92 million) Series A round of funding led by domestic private equity vehicle CICC Qianhai Development Fund.

  • Greater China
  • 26 February 2016
GIC to invest $387m in Indonesian retailer

Singapore’s GIC Private has agreed to invest IDR5.2 trillion ($387.4 million) in Trans Retail, a hypermarket operator controlled by Indonesian conglomerate CT Corp.

  • Southeast Asia
  • 25 February 2016
VCs commit $15m to Indonesia's Orami

MoxyBilna, an Indonesia-based mother and baby-focused e-commerce group, has received a $15 million funding round led by Sinar Mas Digital Ventures (SMDV), and also announced a rebranding as Orami.

  • Southeast Asia
  • 25 February 2016
IDG targets $200m for third India fund

IDG Ventures has launched its third India-focused fund, with a target of $200 million.

  • South Asia
  • 25 February 2016
China salvage car auction platform Fairlubo raises $45m

Beijing Fairlubo Vehicle Auction, a Chinese online salvage car auction platform, has raised a $45 million round of funding led by PE-backed used car trading platform Uxin.

  • Greater China
  • 24 February 2016
IFC commits $25m to India's VC-backed Lenskart

The International Finance Corporation (IFC), the investment arm of the World Bank, has committed $25 million to Indian online eyewear retailer Lenskart.

  • South Asia
  • 23 February 2016
IvyCap leads $4.5m round for India's Taskbob

IvyCap Ventures has led a INR280 million ($4.5 million) Series A round for Indian home services start-up Taskbob.

  • South Asia
  • 23 February 2016
Asia Climate Partners backs India's ColdEX Logistics

Asia Climate Partners, a fund set up by the Asian Development Bank (ADB), Orix Corp, and Robeco Institutional Asset Management, has invested in India-based cold chain provider ColdEX Logistics.

  • South Asia
  • 23 February 2016
Frees Fund, Qihoo 360 lead $100m round for China’s Mobi Magic

Frees Fund, a China-focused VC group that spun out from IDG Capital Partners, and Qihoo 360 Technology have co-led a $100 million round for Mobi Magic, a Beijing-based mobile app developer.

  • Greater China
  • 22 February 2016
Bain, GIC, Advent buy minority stake in Quest Global

Bain Capital, GIC, and Advent International have bought a minority stake in Indian engineering services outsourcing firm Quest Global for $350 million, providing an exit for Warburg Pincus.

  • South Asia
  • 19 February 2016
Alpha Animation, Matrix invest in China VR start-up

Guangdong Alpha Animation and Culture, a listed Chinese animation firm, has led an undisclosed Series A round of funding for Time of Virtual Reality (TVR), which develops games for VR devices.

  • Greater China
  • 19 February 2016
South Korea's Yello Mobile raises $30m from SBI

Japanese internet finance group SBI Holdings has committed $30 million to Korean mobile internet platform Yello Mobile.

  • North Asia
  • 17 February 2016
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