TMT
China online grocer Benlai raises extended Series C round
Benlai.com, a Chinese B2C-focused online grocery supplier, has raised an extended Series C round of funding worth $17 million.
Fund focus: Geodesic helps US start-ups go big in Japan
The former US ambassador to Japan and the ex-head of Andreessen Horowitz's growth investment practice have joined forces to help US start-ups gain traction in Japan
Australia's Data Republic gets $7.6m Series A round
Australia-based financial technology company Data Republic has received $10.5 million ($7.6 million) in funding from National Australia Bank (NAB), Westpac and Qantas.
PE-backed Giant completes $2b backdoor listing in Shenzhen
Chinese online game developer Giant Interactive Group, which was taken private by a consortium of PE investors in conjunction with the company’s CEO, has completed a backdoor listing in Shenzhen that values the business at RMB13.1 billion ($2 billion)....
Vision Knight leads $153m round for China's Weidai
Vision Knight Capital has led a $1 billion ($153 million) Series C round of funding for Weidai, a Chinese peer-to-peer (P2P) lending platform that specializes on providing auto loans.
Facebook co-founder's VC firm in first close on US-Asia fund - update
B Capital Group, a VC firm launched by Facebook co-founder Eduardo Saverin and Raj Ganguly, formerly of Velos Partners and Bain Capital, has reached a first close on a US and Asia-focused fund, which has a full target of $250 million.
Healthcare app launched by China's Ping An Insurance raises $500m
Ping An Good Doctor, a healthcare-focused mobile app controlled by Chinese Ping An Insurance Group, has raised $500 million in a Series A round of funding at a valuation of $3 billion.
Malaysia's Khazanah opens London office
Khazanah Nasional, an investment fund controlled by the Malaysian government, has opened a new office in London aimed at strengthening the country’s business development links with Europe.
SBCVC leads round for China robotics start-up CloudMinds
SBCVC has committed $10 million to a $30 million seed round of funding for CloudMinds, a Chinese cloud-based robotics start-up.
China's VC-backed Mobvista raises $80m after NEEQ listing
Mobvista, a Chinese mobile content distribution platform backed by several VC investors, has raised RMB522 million ($79.7 million) after listing on the National Equities Exchange and Quotation (NEEQ).
Singapore's NRF seeds four corporate VC funds
Corporate VC funds operated by real estate developer CapitaLand, cloud services provider DeClout, agriculture company Wilmar International and logistics provider YCH Group will share S$40 million ($29 million) in seed funding from Singapore’s National...
WI Harper raises $175m Asia fund
WI Harper Group has closed its eighth venture capital fund, which targets early-stage investments in Asia-focused companies, at $175 million.
China dating app Tantan raises $32m Series C
Tantan, a Chinese version of US-based dating app Tinder, has completed a $32 million Series C round led by DST Global, Vision Plus Capital and LB Investment.
Hollywood fever: Alibaba targets the movies
An investment in Taobao Movie is essentially a bet on how the company can leverage what Alibaba Pictures might become, as well as on the broader Chinese box office
GGV, Morningside lead $32m round for China fitness app
GGV Capital and Morningside Venture Capital have co-led a $32 million Series C round for Keep, a Chinese mobile app that provides fitness training programs.
Meridian Capital seeks $307m for China VC fund
Meridian Capital, a Chinese technology-focused venture capital firm, is looking to raise RMB2 billion ($307 million) for its latest renminbi-denominated fund.
Aura launches Australia-focused VC fund
Aura Group, an Australia and Singapore-based fund management and investment business, is raising an Australia-focused venture capital fund with a target corpus of A$30 million ($21.8 million).
CDH leads round for Alibaba Pictures ticketing business - update
CDH Investments' wealth management platform, Ant Financial Services and Sina Corp. have led a RMB1.7 billion ($260 million) Series A round of funding for the online movie ticketing platform of Alibaba Group’s Hong Kong-listed film and entertainment unit....
Matrix, Nexus in $13.5m Series C round for India's Stayzilla
Matrix Partners India and Nexus Venture Partners have committed $13.5 million in Series C funding to Indian hotel and home-stay reservation app Stayzilla.
Apple invests $1b in China ride-hailing app Didi Chuxing
Apple has made $1 billion strategic investment in Didi Chuxing, China's leading ride-hailing app operator.
VC-backed China Online Education files for US IPO
China Online Education Group, operator of VC-backed English-learning mobile app 51Talk, has filed for a US IPO.
Creation leads $25m Series B for India's Capital Float
Chicago-based Creation Investments Capital Management has led a $25 million Series B round for Indian small and medium-sized enterprise (SME)-focused non-banking finance company (NBFC) Capital Float.
Australia-founded BigCommerce raises $30m round
BigCommerce, an e-commerce software provider founded in Australia but now based in the US, has raised a $30 million Series E round led by GGV Capital. It has now received more than $155 million in funding.
Malaysia's Khazanah commits $100m to Fractal Analytics
Malaysian state-controlled investment fund Khazanah Nasional has invested $100 million in Fractal Analytics, a data analytics provider based in India and the US.