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Flipkart co-founder invests $91m in India's Ola
Sachin Bansal, a co-founder of Indian e-commerce giant Flipkart, has invested INR6.5 billion ($91 million) in ride-hailing platform Ola.
Coatue leads investment in logistics platform YunQuNa
China-based YunQuNa, which provides digital logistics services for shipping companies, has raised the second tranche of a Series B round led by Coatue Management.
TPG-SoftBank fund backs Chinese restaurant services platform
Shiheng Technology, a Chinese company that helps restaurants manage their online food delivery businesses, has completed the second tranche of a Series B round led by a TPG Capital and SoftBank Ventures Korea fund.
Singapore AI start-up raises $20m
ViSenze, a Singaporean artificial intelligence (AI) provider focused on e-commerce has received a $20 million Series C round led by China’s Gobi Ventures and the VC arm of Portuguese retail and technology group Sonae.
Fund focus: Intudo proves a tight focus has broad appeal
Intudo Ventures has raised $50 million for its second Indonesia-focused fund, drawing on strong support from international investors such as Founders Fund
Chinese online K12 education provider raises $350m
Zhangmen, a Chinese online tutoring platform aimed at elementary through high school students, has raised $350 million in the first tranche of a Series E funding round.
CCV leads Series B for Chinese AI player Shukun
Shukun, a Chinese company that provides artificial intelligence (AI) technology used in the treatment of cardiovascular diseases, has raised RMB200 million ($29 million) in a Series B round led by China Creation Ventures.
Didi invests $100m in India's Oyo to close Series E round
Chinese ride-hailing app operator Didi Chuxing has invested $100 million in India-based online hospitality platform Oyo to close its $1 billion Series E round announced last year.
Chinese self-driving truck player TuSimple raises $95m Series D
TuSimple, a China and US-based developer of autonomous driving technology for trucks, has closed its Series D round at $95 million, achieving a pre-money valuation of $1 billion.
VC documentation: Standardizing small print
The rapid growth of venture capital in Southeast Asia has fostered the emergence of varied working practices. Singapore’s model investment agreements are intended to help bring order to chaos
Indonesia's BeliMobilGue raises $10m Series A
Indonesia’s BeliMobilGue, a used car trading platform backed by a number of VCs, has raised $10 million in a Series A round led by parent company Frontier Car Group with participation from Toyota Tunas Indonesia.
Sequoia leads $226m Series D for Singapore's Zilingo
Sequoia Capital India has led a $226 million Series D round for Singapore-based Zilingo, a fashion e-commerce platform and provider of ancillary services.
Vision Knight backs Chinese personal care products maker
Vision Knight Capital has led a RMB200 million ($29 million) Series C round for Soocas, a Shenzhen-based manufacturer of personal care products such as electric toothbrushes and hairdryers.
PE-backed ticketing player falls on debut after $287m HK IPO
Maoyan Entertainment, a Chinese online movie ticketing business backed by Tencent Holdings and several private equity investors, fell on its trading debut in Hong Kong following a HK$2.25 billion ($287.1 million) IPO.
Indonesia's Go-Jek completes first phase of Series F
Google, JD.com and Tencent Holdings are among the returning investors in the first phase of the Series F round for Indonesia-based ride-hailing and delivery platform Go-Jek, which amounts to around $1 billion.
Fund focus: Redpoint China leverages its brand
Redpoint China Ventures secures $400 million for its traditional early-stage investments as well as for an expansion into growth round coverage
China reveals qualification criteria for Shanghai tech board listings
China has unveiled details of the highly anticipated new technology and innovation board, which is set to adopt a registration-based system that should allow a shorter route to liquidity for PE and VC investors.
Internal affairs: China VCs and relationship management
Recent troubles in China’s autonomous driving space highlight the challenges venture capital investors face in picking the right founders to back and then managing those relationships in a productive way
China supply chain solutions provider gets $356m Series A
Shenzhen-based Zhunshida, or Jusida, a logistics spin-out from Foxconn International, has raised RMB2.4 billion ($355.8 million) in Series A funding led by China Life Insurance.
Accel-KKR invests $16m in Australia's Humanforce
Accel-KKR, a US-based private equity firm created by Accel Partners and KKR, has invested A$22.5 million ($16.1 million) in Australian workforce management solutions provider Humanforce.
Hong Kong's Integrated leads $10m round for India's Rapido
Hong Kong-based investment firm Integrated Capital has led a $10 million Series A round for Indian motor scooter taxi start-up Rapido.
BP Ventures backs China EV player
BP Ventures, the venture capital arm of BP, has made its first investment in China, leading a Series A round for electric vehicle (EV) charging solutions provider PowerShare.
Chinese AI start-up AInnovation raises $59m
Beijing-based artificial intelligence (AI) solutions provider AInnovation has raised RMB400 million ($58.9 million) in Series A funding led by CICC Alpha, a subsidiary of China International Capital Corporation.
China's sharing economy: Shared dilemma
With Ofo teetering on the brink of bankruptcy, bike-sharing and the broader concept of the sharing economy in China is being called into question. The survivors will be sustainable and suitably differentiated