Lightspeed Venture Partners
China online health forum secures $1m from Lightspeed
Lightspeed China Partners has committed $1 million to Kanchufang, a Chinese online healthcare information operator.
Lightspeed leads Series B round for China P2P lender PPDai
Lightspeed China Partners has led a Series B round of funding for PPDai, which claims to be China’s first and largest peer-to-peer lending (P2P) platform. Other investors include Sequoia Capital and US-listed wealth management firm Noah Holdings.
PE-backed Digital Horizon to list via reverse merger
Beijing Digital Horizon Technology, a Chinese mobile social networking service (SNS) provider backed by Infinity Group and other VC investors, intends to list on the Shenzhen Stock Exchange through a reverse merger with Hangzhou New Century Information...
China tech M&A: Money to burn
Chinese technology firms are becoming increasingly acquisitive, with certain players snapping up assets within months of going public. What is driving this change?
Tencent buys 20% stake in VC-backed Dianping
Tencent Holdings has paid an undisclosed sum for a 20% stake in Dianping, a VC-backed online listings provider best known as one of China’s most popular sites for restaurant reviews. The deal comes as China’s internet giants continue to broaden their...
Strategic imperative: Chinese corporates embrace PE
Corporate private equity arms are catching on in China as companies beyond the tech space develop an appetite for investment. What does it mean for the industry’s independent incumbents?
Bitcoin: VC firms eye Asia opportunities
Bitcoin’s emergence as a currency in Asia has attracted mixed reactions from regulators. For VC investors there is a chance to disrupt the exisitng payment hierarchy, but they must also work with it
Lightspeed leads Series B for China cloud services provider
Lightspeed China has led a $20 million Series B round of funding for Chinese cloud services provider QingCloud. Matrix Partners and existing investor BlueRun Ventures also participated.
Asia Awards: VC Deal of the Year – Tujia
Lightspeed China likes disruptive business models that build up traction online and then use the momentum to gain a foothold offline as well. This has worked to good effect with Meilele, an online furniture retailer that now has a network of 200 offline...
Bitcoin boom
“It is in some ways easier to buy things in China using bitcoin than it is using traditional fiat currency,” says Dan Ciporin, partner at the VC firm Canaan Partners.
Bitcoin exchange BTC China Raises $5m from Lightspeed
China’s largest bitcoin exchange by trading volume, BTC China, has raised $5 million in Series A funding from Lightspeed China Partners and Lightspeed Venture Partners.
Willing to travel: Japanese tech firms look overseas
Japanese technology companies are going overseas, through corporate venture capital investments, joint ventures or commitments to third-party managers, in search of new markets and innovations
Lightspeed, Charles River invest in big data firm Qubole
Qubole, a Bangalore-based big data firm, has raised $7 million in series A funding from Lightspeed Ventures, Charles River Ventures and angel investors Anand Rajaram, the head of WalmartLabs, and Cambrian Ventures founding partner Venky Harinarayan.
CDIB backs online furniture retailer Meilele through $19m bond issue
CDIB Capital has committed a total of $19 million into Chinese home furnishings online retailer Meilele though a convertible bonds subscription.
Lightspeed nets $168m for China fund
Lightspeed Venture Partners' China fund has been more than seven years in the making, having been under consideration ever since the GP included an international allocation – Asia and Israel, in addition to the US – in its seventh global vehicle....
Lightspeed closes debut China fund at $168m
Lightspeed China Partners has reached a final close of $168 million on its debut China fund, exceeding the target size of $150 million. The fund, which includes an affiliated co-investment vehicle, will target early-stage investments in the internet,...
Dhingana raises $7m in Series B funding from VC players
Lightspeed Venture Partners has led a $7 million Series B funding round for Dhingana, a Indian social music streaming site. Existing investors Inventus Capital Partners and Helion Venture Partners also participated.
Matrix, Lightspeed invest $5m in India's LimeRoad
Matrix Partners and Lightspeed Venture Partners have invested $5 million in Series A funding for LimeRoad.com, a social commerce site aimed at women in India.
VCs invest $1.2m in Japanese website Retty
GREE ventures, NTT investment Partners and Mitsubishi UFJ Capital have jointly invested JPY100 million ($1.2 million) into Retty, a Japanese social restaurant guide.
Lightspeed nears close of $200m China fund
Lightspeed Venture Partners is reportedly nearing a final close of a $200 million China fund, coming after it recently said it was seeking $675million for its new global vehicle.
Lightspeed targets $675m for ninth fund
Lightspeed Venture Partners is seeking $675million for its new global fund, according to a regulatory filing. The firm principally targets investments in China and India, as well the US and Israel.
Khosla Ventures appoints Lightspeed principal as partner
Silicon Valley-based Khosla Ventures has appointed Lightspeed Venture Partners Principal Andrew Chung as partner, charged with brokering cleantech and IT investments.