Venture
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Kalaari commits $4m to India's ScoopWhoop
Kalaari Capital has invested $4 million in Indian internet news and media outlet and production company ScoopWhoop.
Ameba Capital closes second China VC fund at $157m
Ameba Capital, an early-stage VC firm co-founded by former executives from Alibaba Group and Kingsoft, has closed its second renminbi-denominated fund at RMB1 billion ($157 million).
Chinese online education platform TutorGroup raises $200m
TutorGroup, a Chinese online education platform, has raised $200 million in a Series C round of funding from new investors including GIC Private and the Russia-China Investment Fund (RCIF).
Taiwan’s CDIB Capital launches cross-strait VC fund
CDIB Capital, the PE arm of Taiwan’s China Development Financial (CDF), is raising a later-stage venture fund to focus on cross-strait expansion.
CHAMP's Ferris to lead Innovation Australia
Bill Ferris, co-chairman and co-founding partner of CHAMP Private Equity, has been appointed chairman of Innovation Australia, an independent, government-established body with a mandate that includes supporting start-ups and venture capital.
China cinema ticket sales app Wepiao raises $234m
Wepiao, a Chinese mobile app specializing in movie ticket sales, has completed a Series C round of funding worth RMB1.5 billion ($234 million) led by the government-backed Beijing Cultural Assets Chinese Film & Television Fund.
Sequoia, Lightspeed lead $34m round for India's Craftsvilla
Sequoia Capital and Lightspeed Ventures have led a $34 million Series C round for Indian online ethnic products marketplace Craftsvilla.
Taiwan VC: Marginal gains
Taiwan’s government has announced a slew of measures to encourage global venture capital funds to invest in local start-ups. Is it doing enough to create a robust VC ecosystem?
Lyfe Capital closes debut China healthcare fund at $298m
Shanghai-based healthcare-focused PE firm Lyfe Capital has closed its debut China fund at $298 million.
Temasek, Hillhouse lead $150m round for China’s Aiwujiwu
Aiwujiwu, a Chinese rental and second-home listings portal, has completed a Series E round of funding worth $150 million round led by Temasek Holdings and Hillhouse Capital.
Taiwan's NDF joins round for smart scooter manufacturer
Taiwan’s National Development Fund (NDF) has participated in a $130 million Series B round of funding for Gogoro, a local electric scooter manufacturer.
China’s Didi Kuaidi invests in food delivery player Ele.me
Chinese ride-hailing app operator Didi Kuaidi has invested an undisclosed amount in Ele.me, a VC-backed online food-ordering platform.
Rakuten launches $100m fund for global fintech investments
Japanese e-commerce giant Rakuten has launched a $100 million fund for investments in financial technology start-ups worldwide.
Sequoia, Medtronic establish China medical technology fund
Sequoia Capital has partnered with global medical equipment manufacturer Medtronic to form a China-focused medical technology investment fund worth $60 million.
Formation 8's Brian Koo launches Asia-focused VC firm
Brian Koo, co-founder of Formation 8, has launched a new venture capital firm that will invest in a smaller portfolio of Asia-focused companies with a view to accelerating growth through deep operational involvement.
China second-hand car platform raises $50m
Haoche51, a Chinese C2C second-hand car trading platform, has raised $50 million in a Series B round of funding led by Source Code Capital and domestic investor Fenghuang Xiangrui Fund.
Indonesia's Bhinneka gets $22m from Ideosource
Indonesia-based venture capital firm Ideosource has committed $22 million to online electronics retailer Bhinneka.
Tencent leads $31m round for Chinese online grocer
Tencent Holdings has led a RMB200 million ($31 million) for Miss Fresh, a Chinese online grocery retailer.
Vertex launches $200m captive fund for SE Asia, India
Vertex Venture Holdings, the VC arm of Singapore-based Temasek Holdings, has launched a $200 million captive fund for investments in India and Southeast Asia.
Singapore’s Golden Gate commits $4m to six start-ups
Singapore-based early stage investor Golden Gate Ventures will commit more than $4 million to six Southeast Asian start-ups.
Australia's Atlassian files for US IPO
Atlassian, an enterprise software company founded in Sydney by two Australian entrepreneurs, has filed for a NASDAQ IPO. Accel Partners is the most significant venture capital investor in the business with a 12.5% stake.
SAIF in $6m round for India's Chef's Basket
SAIF Partners has participated in a $6 million Series A round for Indian start-up Fizzy Foodlabs, which operates the Chef's Basket packaged food brand.
Deal focus: Meili Jinrong targets P2P consumer finance
Yooli founder turns his attentions to specialist niches in China's overcrowded online peer-to-peer lending space, with support from Morningside Venture Capital and SoftBank China
Deal focus: Taiwan AI draws global investors
Appier, a Taipei-based company that applies artificial intelligence and machine-learning technology to advertising, gets $23 million in Series B funding