Venture
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China entertainment news app secures $15m
France-based Ventech Capital has led a $15 million Series B round of funding for Happy Juzi, a Chinese entertainment news portal.
SIDBI leads $3m Series A for India's Mycity4kids
SIDBI Venture Capital has led a $3 million Series A round for Indian online parenting portal Mycity4kids, with participation by existing investor YourNest Angel Fund.
India's Nexus re-ups in Blueshift for $8m Series A
Nexus Venture Partners has participated in an $8 million Series A round for portfolio company Blueshift, a US-based automated marketing solutions provider. The round was led by Storm Ventures.
Tata Capital commits $5m to Alef Mobitech
Tata Capital has invested $5 million in Alef Mobitech Solutions, a US-based mobile internet optimization solution developer with offices in India.
SIG Asia joins $57m round for China online travel guide service
SIG Asia has participated in a $57 million Series D round of funding for Qyer.com, a Chinese outbound travel service provider.
Deal focus: Investors back Benlai’s cold chain solution
Chinese online grocery supplier Benlai.com raises $100 million in Series C funding to support expansion of its cold chain logistics network
China B2B steel-trading platform raises $153m
Zhaogang.com, a Chinese B2B steel-trading platform backed by several VC investors, has completed a Series E round of funding worth RMB1 billion ($153 million).
Japan’s Skyland raises $10m VC fund
Tokyo-based early-stage investor Skyland Ventures has raised JYP1.2 billion ($10 million) for its second VC fund.
Fuji Startup Ventures backs Japan's The Bridge
Fuji Startup Ventures (FSV), the VC arm of Japan's Fuji TV network, has committed an undisclosed amount of funding to Tokyo-based start-up news site The Bridge, alongside public relations company PR Times.
Sequoia leads $6m round for Indian brewer
Sequoia Capital has led a INR400 million ($6 million) round for Indian brewer B9 Beverages, the makers of the craft beer brand Bira 91.
Fenox commits Series D to Japan's Geniee
Fenox Venture Capital has committed an undisclosed amount of Series D funding to Japan-based adtech start-up Geniee.
China online food retailer Benlai raises $100m
Benlai.com, a Chinese B2C-focused online grocer, has raised approximately $100 million in a Series C round of funding.
Tsinghua Holdings reaches first close on China fund-of-funds
Redbud Capital, a VC fund-of-funds investment unit under Tsinghua Holdings, has reached a first close of RMB1 billion ($154 million) on its latest China-focused fund.
Indonesia to tighten rules for foreign venture capital
Indonesia's financial regulators will introduce tighter rules for foreign venture capital investors doing business in the country.
Three partners to leave India VC firm Helion
Three of the six partners at India-focused VC firm Helion Venture Partners will depart to pursue other opportunities.
Blume Ventures in $30m first close on second India fund
Blume Ventures has reached a first close of more than $30 million on its second India early-stage fund. The vehicle has a full target of $60 million.
China cloud-computing provider UnitedStack raises Series C
UnitedStack, which claims to be the first OpenStack-enabled cloud computing provider in China, has received a Series C round of funding of undisclosed size from Sequoia Capital.
China online ticketing sites Weiying Times, Gewara to merge
Chinese movie ticket-booking platforms Beijing Weiying Times Technology and Gewara – both of which have received several rounds of funding from VC and strategic investors – have agreed to merge.
Deal focus: The online-offline element
Southeast Asia's aCommerce delayed its Series B round in order to form a strategic partnership with - and take some capital from - Europe-headquartered DKSH
Fund focus: Plugging the innovation gap
First State Super teams up with local VC player H2 Ventures to back Australia financial technology start-ups
2015 in review: Capital in abundance
Ample liquidity and a tech boom drive up investment activity; venture takes center stage in a relatively quiet fundraising environment; exits do not disappoint, but fail to match the highs of 2014.
China Phoenix TV’s online finance platform secures $80m
Fengjr.com, an online finance platform created by Chinese television broadcaster Phoenix Satellite TV, has raised an $80 million Series A round led by CITIC Asset Management and CASH Capital – the VC arm of the state-owned Chinese Academy of Sciences...
WuXi Healthcare closes second Sino-US VC fund at $290m
WuXi Healthcare Ventures, a corporate venture arm owned by China-based WuXi PharmaTech, has closed its second early-stage healthcare fund at $290 million, exceeding the target of $200 million.
Formation 8 leads round for Korea's Yello Mobile
Formation 8 has re-upped in South Korean mobile internet company Yello Mobile, leading a $47.2 million financing round. The capital will be used to strengthen the company’s business domestically and across Asia.