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Chinese social e-commerce player raises $100m Series B
Fresh Buddy, a Chinese social e-commerce app that focuses on fresh produce, has raised a $100 million Series B round led by Genesis Capital.
India's PE-backed Byju's raises $400m
Indian online education start-up Byju’s has raised a $400 million funding round led by Naspers Ventures, an investment arm of South African media conglomerate Naspers.
New Zealand's Trade Me agrees to Apax acquisition
New Zealand e-commerce company Trade Me has agreed to be 100% acquired by Apax Partners at an enterprise value of NZ$2.7 billion ($1.89 billion) one week after receiving a similar proposal from Hellman & Friedman.
India's Licious raises $25m Series D
Delightful Gourmet, operator of Indian online fresh meat and seafood ordering platform Licious, has raised $25 million in Series D funding to support its geographical expansion.
Singapore's Jungle increases target for Fund III
Singapore-based Jungle Ventures has raised the target for its third Southeast Asia-focused VC fund from $150 million to $200 million.
Chinese logistics fleet manager raises $320m
G7, a China-based logistics fleet management systems provider, has raised $320 million in funding round led by Hopu Investment Management.
Centurium leads $100m round for China education platform
Zhangtong Jiayuan, a China-based online education platform, has raised $100 million in Series D round led by Centurium Capital, a private equity firm established by ex-Warburg Pincus China head David Li.
Grab invests $100m in India's Oyo
Southeast Asian ride-hailing player Grab has invested more than $100 million in India-based online hospitality platform Oyo.
China’s Gaorong closes fourth US dollar fund at $500m
Chinese venture capital firm Gaorong Capital has raised $500 million for its fourth US dollar-denominated fund. The majority of commitments came from existing LPs, with two endowments coming in as new investors.
Taiwan start-ups must think globally - AVCJ Forum
Taiwanese entrepreneurs should leverage local technology talent and use their home market as a testing ground for products and services that have global appeal, industry participants told the AVCJ Taiwan Forum.
ChrysCapital acquires US health-tech player
Indian private equity firm ChrysCapital has acquired a majority stake in GeBBS Healthcare Solutions, a California-based developer of enterprise technology for the healthcare sector.
Hellman & Friedman makes $1.8b bid for NZ online marketplace
Hellman & Friedman has submitted a bid to acquire 100% of New Zealand-listed online auction and e-commerce company Trade Me for NZ$2.6 billion ($1.8 billion).
China industrial e-commerce player Ruigu raises $33.5m
Ruigu Shop, a Chinese online retailer focused on electrical hardware, has raised RMB230 million ($33.5 million) in an extended Series B round led by Immensus Capital.
Ant Financial leads Series C for Chinese logistics player Keking
Chinese logistics cloud-based software provider Keking has raised RMB1 billion ($143.7 million) in a Series C round of funding led by Ant Financial and Centurium Capital.
Steadview, Vy lead $50m Series D for India's UrbanClap
Hong Kong-based hedge fund Steadview Capital and existing investor Vy Capital have led a $50 million Series D round for Indian local services marketplace UrbanClap.
China's 360 Enterprise Security raises $180m pre-Series B
Chinese B2B internet security services provider 360 Enterprise Security Group has raised RMB1.25 billion ($180 million) in a pre-Series B round of funding.
India's VC-backed Drivezy raises $20m Series B
Drivezy, a vehicle sharing marketplace based in India, has raised a $20 million Series B round led by existing investor Das Capital, with participation by Japan’s Yamaha Motor Co.
Polaris to acquire Japan's O-Net from Rakuten
Polaris Capital has agreed to acquire Japanese online marriage services and event planning business O-net from e-commerce giant Rakuten for an undisclosed amount.
Chinese AI player Aibee gets $60m Series A
China and US-based artificial intelligence (AI) solutions provider Aibee has raised $60 million in a Series A round of funding led by Sequoia Capital China and Red Star Macalline, a Hong Kong-listed furniture mall operator.
Chinese recruitment business gets $23m Series B
WorkTrans, a Chinese human resources services provider, has raised RMB160 million ($23 million) in the first tranche of a Series B round led by Qiming Venture Partners.
PE-backed BabyTree raises $217m in Hong Kong IPO
BabyTree, a Chinese parent-focused social networking platform that engaged in a corporate restructuring intended to facilitate an onshore listing but then 12 months later decided to go public in Hong Kong, has raised HK$1.7 billion ($217.3 million) in...
Tencent-backed Tongcheng-Elong gains 26% on HK debut
Tongcheng-Elong, a Chinese online travel services company backed by Tencent Holdings, Ctrip and local PE player Ocean Link, surged on its Hong Kong trading debut following a HK$1.62 billion ($207 million) IPO.
Square Peg leads $18m round for Australian lender
Australian online mortgage marketplace Athena Home Loans has raised a A$25 million ($18 million) Series B round led by existing backer Square Peg Capital, with participation by new investors Hostplus and Airtree Ventures.
Matrix, Ceyuan invest $22m in China's Elens
Elens Data, a Beijing-based developer of artificial intelligence (AI) text and natural language analysis solutions, has raised RMB150 million ($22 million) in a Series A round led by Matrix Partners China with participation from Ceyuan Ventures.