Sequoia Capital
India's Groww raises $251m at $3b valuation
US-based Iconiq Capital has led a $251 million Series E round for India’s Groww, a financial services provider for the retail market, at a valuation of $3 billion.
Hong Kong's FTX raises $420m, hits $25b valuation
Hong Kong cryptocurrency exchange operator FTX has raised $420 million at a valuation of $25 billion from a group of 69 investors.
Hong Kong's Animoca Brands raises $65m at $2.2b valuation
Hong Kong non-fungible token (NFT) company Animoca Brands has raised $65 million from a group featuring Sequoia Capital China, more than doubling its pre-money valuation since May to $2.2 billion.
China flying vehicle developer HT Aero raises $500m
HT Aero, an urban air mobility (UAM) company affiliated with Chinese electric vehicle manufacturer Xpeng, has raised a $500 million Series A round led by Xpeng, IDG Capital, and 5Y Capital.
LeapFrog leads $250m round for India's CarDekho
LeapFrog Investments has led a $250 million Series E round - described as a pre-IPO round - for Indian online auto marketplace CarDekho at a valuation of $1.2 billion.
India's Coinswitch Kuber raises $260m
Indian crypto exchange Coinswitch Kuber is claiming to be the largest app of its kind locally following a $260 million Series C round featuring Andreessen Horowitz at a $1.9 billion valuation.
Indonesian e-commerce marketplace Ula raises $87m
Ula, a leading B2B e-commerce marketplace in Indonesia, has raised $87 million in a Series B round co-led by Prosus Ventures, Tencent Holdings and B Capital Group.
PE-backed Oyo targets $1.1b India IPO
Oyo, an India-focused budget hotel platform backed by the likes of SoftBank Vision Fund, is looking to raise up to INR84.3 billion ($1.1 billion) through a domestic IPO.
Lightrock leads round for India BNPL player Capital Float
Capital Float, an Indian lending platform now positioning itself as a buy now, pay later (BNPL) specialist, has raised $50 million led by the local unit of UK-based private equity investor Lightrock.
China robotics player Mech-Mind raises $154m
Chinese industrial robotics supplier Mech-Mind has raised nearly RMB1 billion ($154 million) in a Series C funding round led by Meituan and IDG Capital.
Evergrande EV unit cancels listing, suffers cash crunch
Evergrande New Energy Vehicle (NEV) Group, the Hong Kong-listed electric vehicle unit of troubled Chinese real estate developer Evergrande has canceled a planned secondary listing on Shanghai's Star Market and warned investors of a cash shortage.
China service robot player Pudu secures $77m
Pudu Robotics, a China-based manufacturer of service robots, has raised a $77 million Series C extension led by Meituan, Greater Bay Area Homeland Development Fund, Shenzhen Investment Holdings, and Sequoia Capital China.
China AR glasses maker Nreal gets $100m Series C
Nreal, a Chinese manufacturer of advanced artificial reality (AR) glasses that resemble normal sunglasses, has raised a Series C of $100 million led by Nio Capital, Yunfeng Capital, and Hongtai Capital.
India's Freshworks flourishes on NASDAQ debut
Freshworks, one of India's leading software-as-a-service (SaaS) businesses, traded strongly on its NASDAQ debut following a $1 billion IPO.
China warehouse robot supplier secures $200m
Hai Robotics, a China-based manufacturer of robots used in warehouses, has raised approximately $200 million across two funding rounds.
Hong Kong’s Airwallex raises $200m at $4b valuation
Hong Kong-based Airwallex has raised a $200 million Series E round led by Lone Pine Capital at a valuation of $4 billion. A $300 million Series D in March valued the company at $2.6 billion.
India's Apna joins unicorn club 21 months after launch
India-based online jobs platform Apna has closed a $100 million funding Series C round at a valuation of $1.1 billion, achieving unicorn status just 21 months after launching its flagship product.
India's FreshWorks targets $912m US IPO
Freshworks, which earlier this year lost its status as India’s most valuable software-as-a-service (SaaS) start-up, is looking to raise up to $912 million through a US IPO.
Warburg Pincus leads $93m round for China's Terminus
Warburg Pincus has led a RMB600 million ($93 million) Series B round for Hangzhou-based enterprise software company Terminus.
China's Agile Robots raises $220m
Agile Robots, a Germany and China-based industrial robotics company, has raised a $220 million Series C round led by SoftBank Vision Fund 2.
Deal focus: ShopUp champions the iron triangle
As a first mover in Bangladesh’s B2B e-commerce space, ShopUp moved quickly into services, logistics, and finance. This inadvertent super app now has $75 million in Series B funding to show for its efforts
IDG, Sequoia, Hidden Hill lead Series E for China's eSign
China-based electronic signature service provider eSign has raised RMB1.2 billion ($186 million) in Series E funding led by IDG Capital, Sequoia Capital China, and Hidden Hill Capital, an investment arm of logistics platform and fund manager GLP.
India home interiors player raises $50m Series E
IIFL Asset Management has led a $50 million Series E round for Indian interior design start-up HomeLane.
India's Leap Finance raises $55m Series C
US education technology specialist Owl Ventures has led a $55 million Series C round for Leap Finance, an Indian start-up that helps students pay for overseas studies.