TMT
Shunwei invests in China online travel site Fxtrip
Shunwei Capital Partners has provided a Series A round of funding for Fxtrip.com, a Chinese outbound travel start-up.
Steadview, Sequoia lead $41m round for India's Olacabs
Indian online taxi-booking and car rental platform Olacabs has raised INR2.5 billion ($41.8 million) through a Series C round of funding led by Sequoia Capital and Hong Kong-based hedge fund Steadview Capital.
Japan's Gree leads $4.5m round for HotelQuickly
Japanese tech giant Gree has led a $4.5 million Series A-1 round of funding for HotelQickly, a Hong Kong-headquartered last-minute hotel booking platform.
INCJ, Fidelity in $24m round for cloud storage provider
Innovation Network Corporation of Japan (INCJ and Fidelity Growth Partners have taken part in $24 million round for US-based Cloudian, a hybrid cloud storage solutions provider.
Singapore start-ups: Touching greatness
At least four Singapore-headquartered start-ups have four years of operations behind them and are worth at least $100 million. Which businesses have the skill and scale to be the next big thing?
GGV leads $10m round for gamer-focused networking platform
Sino-US VC firm GGV Capital has led a $10 million Series B round funding for Curse, a US-based social networking platform that targets online gamers.
India app developer platform gets Series A round
Pokkt, an Indian alternative monetization platform for mobile app developers, has secured $2.5 million in Series A funding from Singapore-based Jafco Asia and SingTel’s corporate VC arm Innov8.
Horizons Ventures joins round for reputation site Traity
Horizons Ventures, a VC business owned by Hong Kong billionaire Li Ka-Shing, has participated in a $4.7 million Series A round for shopping-based social platform Traity.
VC-backed Japan lunch delivery site raises $27m
Japan's Star Festival, the VC-backed start-up behind lunchbox delivery and catering site Gochikuru.com has raised JPY2.8 billion ($27.4 million) from strategic investor Askul, one of the country's largest office supply mail-order companies.
Chinese image-sharing app Nice raises $20m
Nice, a Chinese brand-tagging social mobile app, has secured $20 million in a Series B round of financing led by H Capital, with participation from VY Capital, Matrix Partners and Morningside Technologies.
IDG backs Chinese second-hand car site Youche
IDG Capital Partners has provided a Series A round of funding for Youche.com, a Chinese online trading platform for second-hand cars.
VC-backed mobile game platform iDreamSky files for US IPO
IDreamSky Technology, a Chinese third-party mobile game publisher backed by Legend Capital and Redpoint Ventures, has filed for NASDAQ IPO.
Greenwoods leads $20m in China parenting site
Greenwoods Asset Management has led a $20 million Series B round of funding for lmbang.com, a Chinese parenting app focused on female community.
Haitong Capital leads $32m round for Chinese finance portal
Haitong Capital, a private equity arm of Haitong Securities, has led a $200 million ($32 million) round of funding for 91Jinrong, a Chinese financial portal.
CMC commits $32m to China online movie ticket site
China Media Capital (CMC) has led a RMB200 million ($32 million) Series C+ funding round for Gewara, a Chinese online movie ticket site.
China-US VC: Beyond borders
Chinese tech companies are interested in making investments in the US, while start-ups are targeting Sino-US or global markets from the outset. How can VC investors make money in this melting pot?
China's Longmaster acquires IDG's health site 39.net
Longmaster Information & Technology, a Shenzhen-listed software developer, has bought Chinese healthcare portal 39.net for RMB650 million ($105 million), facilitating an exit for IDG Capital Partners.
GGV, Legend join $50m round for US shopping app Wish
Legend Capital and GGV Capital have participated in a $50 million round of funding for Wish, a San Francisco-based mobile shopping app operator.
Tencent invests $736m in VC-backed Chinese classifieds site
Tencent Holdings will pay $736 million for a 19.9% stake in 58.com, a venture capital-backed Chinese classifieds website that went public on the New York Stock Exchange last October.
Bertelsmann backs India's Nirvana Ventures
Global media group Bertelsmann has made an LP commitment to Digital Nirvana Fund, an India-focused vehicle that supports start-ups in the digital space.
Catamaran Ventures teams up with Amazon in India
Catamaran Ventures, the private investment arm of Infosys co-founder N.R. Narayana Murthy, has formed a joint venture with Amazon intended to help small and medium-sized enterprises (SMEs) in India get online.
VC-backed RareJob goes public in Japan
RareJob, a Japanese English-language learning website that has received capital from a string of VC investors, ended the morning session of its trading debut at a more than 110% premium to its IPO price.
Alibaba picks New York Stock Exchange for IPO
Chinese e-commerce giant Alibaba Group announced it will apply to be listed on the New York Stock Exchange (NYSE).
Greenwoods invests $16m in China online rebate site Taofen8
Greenwoods Asset Management has committed RMB100 million ($16 million) in a Series A round of funding for Taofen8, a Chinese online discount aggregation site.