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India's HealthifyMe gets $6m Series A round
IDG Ventures, Inventus Capital and Blume Ventures have led a $6 million Series A round for Indian health and fitness app developer HealthifyMe.
Ex-Alibaba VP Herbert Chia joins Sequoia China
Herbert Chia, formerly head of the data committee and vice president at Alibaba Group, has joined Sequoia China as a venture partner to focus on investing in big data start-ups.
China's Kingsoft Cloud gets extended Series C round
Kingsoft Cloud Group, a cloud computing unit owned by China’s Kingsoft, has raised $48.9 million in an extended Series C round of funding from China Merchants Securities and its parent company.
Gree, GMO in $4.6m round for Japan's Sorabito
Sorabito, the Japanese operator of an online marketplace for heavy machinery, has received JPY500 million ($4.6 million) from investors including Gree Ventures and existing backer GMO Venture Partners.
Deal focus: Farfetch carves luxury niche in Asia
Now valued at $1.5 billion, PE-backed e-commerce marketplace Farfetch is said to appeal to brands that are beyond the reach of Amazon and Alibaba Group. It plans on bringing more of them to Asia
DCM China co-founder Ruby Lu joins H Capital
Ruby Lu, co-founder and general partner at DCM China, has joined H Capital, a China-focused venture capital firm founded by Xiaohong Chen, ex-China managing partner at Tiger Global Management.
Qihoo 360, CSRC speak out on backdoor listings
China's Qihoo 360 Technology, which is currently involved in a take-private deal worth $9.3 billion, has denied rumors that it held discussions with regulators over a potential domestic back-door listing.
India's Titan buys Tiger-backed Caratlane
Indian jeweler and watchmaker Titan has bought a majority stake in online jewelry retailer Caratlane, providing an exit for its backer Tiger Global Management.
Sequoia backs competing take-private bid for Zhaopin
Chinese recruitment platform Zhaopin, which is already the target of a $1.1 billion take-private bid, has received a competing offer from a consortium including Sequoia Capital and company management.
SBCVC, New Horizon lead $119m round for China fashion site
SBCVC and New Horizon Capital have led a RMB1 billion ($119 million) Series C round for Chuchujie, a Chinese mobile e-commerce platform.
New Horizon leads new round for Hong Kong's GoGoVan
Hong Kong app-enabled logistics start-up GoGoVan has completed a Series C round led by New Horizon Capital. Financial terms were not disclosed.
Snapdeal buys India's Nexus-backed TargetingMantra
Indian e-commerce giant Snapdeal has bought e-commerce personalization and analytics service TargetingMantra for an undisclosed amount.
Online retailer Farfetch raises $110m for Asia expansion
Farfetch, a UK-based high-end online fashion retailer, has raised a $110 million Series F round led by new investors Temasek Holdings, China-based IDG Capital Partners and French investment firm Eurazeo.
China's Lenovo launches $500m corporate VC fund
Chinese computer manufacturer Lenovo Group has launched a $500 million corporate VC fund to invest in technology start-ups.
AID in $13m round for Japan home rental site
AID Partners and Cool Japan Fund have contributed to a JPY1.4 billion ($13 million) round for Japan’s Hyakusenrenma, an online vacation rentals platform.
IFC leads $60m round for India's Lenskart
The International Finance Corporation (IFC) has led a INR4 billion ($60 million) Series D round of funding for Indian online eyewear retailer Lenskart.
China electric car maker Chehejia raises $120m
Chehejia, a Chinese manufacturer of smart electric vehicles, has raised RMB780 million ($120 million) in a Series A round of funding from eight Chinese individual and financial investors.
China regulator to tighten rules on domestic PE fundraising
The China Securities Regulatory Commission (CSRC) will take further steps to regulate the domestic private fund industry in response to an acceleration in illegal fundraising activities.
Deal focus: Wongnai eyes expansion, then Thailand IPO
InVent's commitment to Wongnai represents the first-ever Series B round for a Thai start-up from a local VC firm. The company wants to use its dominant position in online restaurant reviews to enter other verticals
Thailand VC: Tough nut to crack
As Thailand’s government signals its intention to embrace venture capital, the harder but less visible work of transforming a traditionally risk-averse culture grinds on
China tech down rounds: Down and out?
While down rounds are increasing in frequency among US-based start-ups, the phenomenon has yet to take root in China. Desperation, dirty term sheets and willing investors are delaying the inevitable
DFJ sells India assets to NewQuest
Direct secondaries specialist NewQuest Capital Partners has acquired the majority of Draper Fisher Jurvetson’s (DFJ) India portfolio.
China online grocer Miss Fresh raises a further $36m
Miss Fresh, a Chinese online grocery retailer backed by Tencent Holdings, has raised RMB230 million ($36 million) in an extended Series B round led by domestic investor Yuan Yi Investment.
Indonesia's Nida Rooms raises $4.2m
Convergence Ventures and CyberAgent Ventures have led a $4.2 million pre-Series A round for Indonesian hotel reservation service provider Nida Rooms.