Sequoia Capital
China real estate financial services player Dadao raises $29m
Shenzhen Qianhai Dadao Financial Services, a Chinese start-up that specializes in residential property financial services, has raised a RMB200 million ($29 million) Series B round led by Huaxing Capital Partners, the private equity arm of China Renaissance.
Sequoia, Fosun Kinzon invest $15m in India travel site Ixigo
Sequoia Capital has led a $15 million Series B round for Indian online travel marketplace Ixigo, with participation by Fosun Kinzon Capital, the investment arm of Chinese conglomerate Fosun International.
CMC, Sequoia launch sport fund, back China kickboxing business
CMC Holdings – a unit of media-focused GP CMC Capital Partners – and Sequoia Capital China have formed a sports investment fund and led a Series A round of funding for Wanmingyang Media, which organizes and video streams kickboxing events in China.
VC-backed Fave buys Groupon Singapore
Malaysian VC-backed online-to-offline (O2O) e-commerce company Fave has agreed to acquire Groupon Singapore, extending a string of related bolt-ons in Southeast Asia.
China’s JD.com spins off VC-backed financial unit
Chinese online retailer JD.com has agreed to sell its entire 68.6% stake in its financial unit JD Finance, which is backed by Chinese investors including Sequoia Capital China, for RMB14.3 billion ($2.1 billion) in cash.
Sequoia leads $30m Series B for Hong Kong's Klook
Sequoia Capital China has led a $30 million Series B funding round for Hong Kong-based travel services company Klook.
Sequoia leads $10m round for India's Belong
Sequoia Capital India has led a $10 million Series B funding round for Bengaluru-based online recruitment platform provider Belong.
IDG, Sequoia form tourism fund with China CYTS Tours
IDG Capital and Sequoia Capital have formed an investment fund with China CYTS Tours Holdings, a Shanghai-listed travel agency, to invest in consumer-related companies that help improve the traditional tourism industry.
Kalaari leads $15m round for India's Urban Ladder
Kalaari Capital has led a INR1 billion ($15 million) funding round for Indian online furniture retailer Urban Ladder.
Hillhouse, FountainVest target China jobs site Zhaopin
Hillhouse Capital and FountainVest Partners are seeking to buy Zhaopin in a deal worth more than $1.1 billion, working in partnership with Australia’s Seek, the majority shareholder in the Chinese recruitment website.
China O2O player buys VC-backed last-mile delivery app
Huimin, a Chinese B2B e-commerce platform that focuses on small-scale supermarkets, has acquired a controlling stake at Beequick, a snack food delivery app backed by several VC investors.
China’s Toutiao acquires US VC-backed video app Flipagram
Chinese mobile news reading app Toutiao has acquired Flipagram, a US-based video sharing app backed by several VC investors, for an undisclosed amount.
CapitalG leads $15m round for India's Cuemath
CapitalG, the investment arm of Google parent company Alphabet, formerly known as Google Capital, has led a $15 million Series B round for Indian math learning start-up Cuemath.
India's Practo gets $55m round led by Tencent
China's Tencent Holdings has led a $55 million Series D round for Indian clinic management software and doctor search portal developer Practo.
Tencent leads $40m round for China CRM platform Xiaoshouyi
Xiaoshouyi, a China VC-backed customer relationships management (CRM) platform, has raised a RMB280 million ($40 million) Series D round of funding led by Tencent Holdings.
Tiantu leads $36m round for China comic site
China consumer-focused GP Tiantu Capital has led a RMB250 million ($36 million) Series C round of funding for Kuaikan Comic, a mobile app designed for reading comic books.
AVCJ Awards 2016: Venture Capital Professional of the Year: Shailendra Singh
Shailendra Singh, managing director at Sequoia Capital India, discusses the long-term thinking in emerging markets’ rapidly changing tech ecosystems
China’s Bona Film receives $360m after PE-backed privatization
Chinese film distributor Bona Film Group, which was taken private eight months ago by a consortium of PE investors and company management, has raised a RMB2.5 billion ($360 million) round led by existing shareholders Alibaba Pictures and Tencent Holdings.
AVCJ Awards 2016: Deal of the Year - Early Stage Tech: Zai Lab
Zai Lab has carved a niche licensing pre-clinical findings from the West for development into drugs in China, but its ambitions are global. Several VCs have faith in the project
China VC-backed education platform raises extended Series C
Changingedu, a China-based after-school tutoring platform backed by several VC investors, has raised an additional $18 million in an extended Series C round from US-listed Chinese company TAL Education Group.
India VC: Growing pains
The growth potential of India’s technology sector is unquestioned, but there have been relatively few spin-outs to threaten the incumbents. A couple of track record-boosting IPOs would help matters
Deal focus: Patsnap leverages innovation boom
Sequoia Capital and Shunwei Capital Partners support Patsnap's push to provide intellectual property analytics services to Asian corporates looking to expand into new markets with minimal legal fuss
Sequoia, Mayfield in $19m Series C for India's Knowlarity
Sequoia Capital India and Mayfield have participated in a INR1.3 billion ($19.3 million) Series C round for Indian cloud telephony solutions provider Knowlarity Communications.
Sequoia invests $5m in India's Vymo
Sequoia Capital India has committed $5 million in Series A funding to Vymo, an enterprise sales assistant based in India and the US.