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Growth capital

VC-backed China parenting site Babytree raises $300m

Chinese online beauty products retailer Jumei International has led a $300 million round of funding for Babytree, a Chinese parent-focused social platform backed by several VC investors.

  • Greater China
  • 23 July 2015
Singapore's Qoo10 raises $82.1m Series A

Singapore-based Giosis, which manages e-commerce site Qoo10, has raised $82.1 million in a Series A round led by Singapore Press Holdings (SPH).

  • Southeast Asia
  • 23 July 2015
Matrix, Falcon Edge in $25m Series C for India's Mswipe

Indian mobile point-of-service (POS) developer Mswipe has raised $25 million in Series C funding from a group of investors including Matrix Partners, Falcon Edge Capital and Meru Partners.

  • South Asia
  • 23 July 2015
Warburg Pincus commits $284m to India's Piramal Realty

Warburg Pincus has agreed to invest INR18 billion ($284 million) in Piramal Realty, the real estate development arm of Indian conglomerate Piramal Group.

  • South Asia
  • 22 July 2015
Innovation Works backs China cycling tracking device

Innovation Works has led a RMB50 million ($8 million) Series A round of funding for Beast Bikes, a Chinese start-up that has developed a cycling tracking device.

  • Greater China
  • 22 July 2015
PE investors must think more deeply about value-add - AVCJ Forum

PE and VC firms should think more carefully about how they can add value to portfolio companies, using their board representation as a tool for constructive guidance as much as oversight, industry participants told the AVCJ Singapore Forum.

  • Expansion
  • 21 July 2015
Chinese app testing platform Testin raises $54.9m

Testin, a Chinese mobile apps testing platform, has raised $54.9 million in its latest round of funding led by Haiyin Capital, followed by IDG Capital Partners and Banyan Capital.

  • Greater China
  • 21 July 2015
India's IVFA commits $30m to restaurant chain operator

India Value Fund Advisors (IVFA) will invest $30 million in India's DeGustibus Hospitality, the owner and operator of several popular restaurant brands.

  • South Asia
  • 21 July 2015
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.

  • Greater China
  • 20 July 2015
Snow Leopard invests $1.6m in India's QuikWallet

LivQuik, the Mumbai-based developer of mobile payment app QuikWallet, has raised $1.6 million from existing backer Snow Leopard Technology Ventures.

  • South Asia
  • 20 July 2015
Greenwoods leads $32m round for Chinese internet finance site Rongzi

Greenwoods Investment has led a RMB200 million ($32 million) Series A round of funding for Rongzi.com, a Chinese internet finance platform, with participation from New Access Capital.

  • Greater China
  • 20 July 2015
Tsinghua Unigroup invests $100m in mobile OS start-up Acadine

China’s Tsinghua Unigroup International has invested $100 million for a minority stake in Acadine Technologies, a Hong Kong-based start-up developing mobile operating systems (OS) for mobile, wearable and internet-of-Things (IoT) devices.

  • Greater China
  • 17 July 2015
Sequoia, Nexus, Blume in $11m Series A for India's RoadRunnr

Indian business to business (B2B) delivery logistics service RoadRunnr has raised $11 million in Series A funding from Sequoia Capital, Nexus Venture Partners and Blume Ventures.

  • South Asia
  • 16 July 2015
Chinese personal finance app Wacai secures additional $80m

Hangzhou Wacai Science, a Chinese personal finance management mobile app developer, has raised an additional $80 million in an extended Series B round of funding led by New Horizon Capital.

  • Greater China
  • 16 July 2015
Shenzhen Fortune leads $100m round for fashion platform Yoho

Fortune Capital has led a $100 million Series D round of funding for online fashion magazine and e-commerce platform Yoho. CMC Capital and Telescope Capital also took part alongside existing investors SAIF Partners China and Vertex Venture.

  • Greater China
  • 16 July 2015
Japan's Recruit Holdings invests $7.5m in US-based HackerRank

Japan's Recruit Holdings has paid $7.5 million for a stake in HackerRank, a US technical recruitment platform owned by Interviewstreet, via its $20 million corporate venture capital fund - HR Technology Fund.

  • North Asia
  • 15 July 2015
Accel leads $10m Series B round for MySmartPrice

Accel Partners has led a $10 million Series B round for Indian online price comparison and discovery platform MySmartPrice. Helion Ventures also took part in the round.

  • South Asia
  • 15 July 2015
TPG leads Series C for China wealth management firm Sinowel

TPG Capital has led a $41 million Series C round of funding for Sinowel Enterprise Group, a Chinese third-party wealth management firm.

  • Greater China
  • 15 July 2015
Fosun Kinzon Capital leads $25m round for US StyleSeat

Fosun Kinzon Capital, the Silicon Valley-based VC arm of Chinese conglomerate Fosun International, has led a $25 million Series B round of funding for StyleSeat, a US-based beauty services booking app.

  • Greater China
  • 14 July 2015
Singapore payment platform Fastacash raises Series B round

Asia-focused investment firm Rising Dragon Singapore has led a $15 million Series B round of funding for Fastacash, a Singapore-based social payments platform.

  • Southeast Asia
  • 14 July 2015
FountainVest leads $32m round for China healthcare app

FountainVest Partners has led a RMB200 million ($32 million) round of funding for Xingren.com, a Chinese mobile app for doctors to communicate with patients. Existing investors Sequoia Capital and Lightspeed China Partners also participated.

  • Greater China
  • 14 July 2015
India call center software provider raises $5m Series A round

Indian call center software developer Ameyo has raised $5 million in Series A funding from PE firm Forum Synergies.

  • South Asia
  • 14 July 2015
Goldman Sachs commits $10m to India's Azure

Goldman Sachs has invested INR650 million ($10 million) in Indian restaurant chain operator Azure Hospitality.

  • South Asia
  • 14 July 2015
China’s mobile advertising platform Mobvista raises $32m

Mobvista, a Chinese mobile content distribution platform, has raised RMB200 million ($32 million) in a Series B round of funding led by two industry funds managed by Haitong Kaiyuan Investment, the private equity arm of Haitong Securities.

  • Greater China
  • 13 July 2015
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