Venture
China luxury e-commerce site gets $30m Series C round
Pacific Venture Partners has led a $30 million Series C round of funding for Xiu.com, a China-based luxury brand e-commerce platform.
China VC activity will continue to thrive - AVCJ Forum
Chinese VC deal activity is expected to retain its strong momentum over the next few years, largely due the increasing diversity of exit channels.
YJ Capital, East Ventures back Japan big data start-up
YJ Capital - the corporate venture capital arm of Yahoo Japan - and East Ventures have invested JPY260 million ($2 million) in Use Local, a Japanese big data start-up.
Chinese games platform Egret gets Series B round
Shenzhen Capital Group and Matrix Partners China have participated in a Series B round of funding for Egret Technology, a Chinese internet technology platform that focuses on mobile games development.
Zodius reaches $110m first close on India VC fund
Indian venture capital firm Zodius Capital has reached a INR7 billion ($110 million) first close on its $500 million technology-focused fund being raised in partnership with Avendus Capital.
China's JD.com leads $70m round for VC-backed Fruitday
Chinese online retailer JD.com has led a $70 million Series C round for Fruitday, a China-based e-commerce site dedicated to selling imported fruit.
Qiming leads $30m round for China internet security firm
Qiming Venture Partners has led a $30 million Series B round of funding for FraudMetrix, a Chinese internet security solutions provider.
Australia's PE Gateway Group backs messaging service
Australia-based Private Equity Gateway Group (PEGG) has invested in U&Me Communication, a subsidiary of Malaysia’s OM Technology that has developed a mobile messaging platform.
Vietnam's FPT launches venture capital arm
Vietnamese tech group FPT Corporation has launched FPT Ventures, its new venture capital and accelerator unit, which will manage a $3 million fund targeting seed and Series A stage investments.
China hardware start-ups: Maker's mark
Best known as the go-to location in China for cheap electronics manufacturing, Shenzhen is now emerging as a Silicon Valley for hardware. Can these start-ups get traction with software-focused VCs?
China late-stage tech: Chasing unicorns
Capital is flooding into China-based internet companies, with PE firms, family offices, hedge funds and strategic players all-too-willing to support large, late-stage rounds. Not everyone will emerge a winner
GGV closes $457m China top-up fund
GGV Capital has raised a $457 million top-up fund for follow-on investments in existing portfolio companies.
Rushan leads $16m round for China's EasyStack
Rushan Capital has led a $16 million Series B investment in EasyStack, a Chinese cloud-based software provider. YingDong Investment and existing investor BlueRun Ventures also took part in the round.
China Renaissance unit Huaxing Capital targets $150m fundraise
Huaxing Capital, the principal investment division of boutique investment bank China Renaissance, has launched its latest fund with a target of $150 million.
Trustbridge, Foxconn, JD.com back Chinese tablet maker
Trustbridge Partners has led a RMB100 million ($16 million) Series A round of funding for Jide Technology, a Chinese manufacturer of tablets running the Android operating system (OS).
Japanese e-payment service Paidy expands Series A to $8.3m
Arbor Ventures has led an additional $5 million round of funding for Exchange Corporation (ExCo), the Japanese start-up behind e-commerce payment and instant credit service Paidy.
Venture to benefit from Australia investor visa reforms
The Australian government has finalized changes to its significant investor visa (SIV) program, which will see more capital funneled into domestic venture capital.
SIDBI, Maharashtra government form $31m start-up fund
The government of the Indian state of Maharashtra has paired with the Small Industries Development Bank of India (SIDBI) to set up a INR2 billion ($31.1 million) venture fund for micro, small and medium enterprises (MSMEs).
Korea's Posco, Green Cross lead round for US-based Juventas
South Korea-based Posco Capital and biopharmaceutical player Green Cross have led a $7.5 million round for Juventas Therapeutics, a clinical-stage biotech development company based in the US.
Deal focus: Canva's simple design wins VC support
When Australian entrepreneur Melanie Perkins taught design in schools, she noticed that students struggled when using traditional software such as Adobe Photoshop and InDesign. Clearly there could be a simpler solution.
Deal focus: Warburg Pincus rides with China's eDaijia
It is estimated that around three shots of soju is sufficient for an adult to attain a blood alcohol content of 0.05% and therefore be in violation of Korea’s laws that prohibit driving while intoxicated. Punishments start at six months in jail or a KRW3...
India e-commerce: Grocery growth spurt
There has been a proliferation of start-ups in India’s online grocery sector, and investors have taken notice. But the companies that survive in the harsh competition to come will have to be tough
India IPOs: Staying afloat
India’s public markets are at record highs, but IPO activity remains lackluster. Investors want an overhaul of the listings approval process and a regulatory system that is suited to PE and VC-backed companies
Primavera leads $50m round for China online advertising platform
Primavera Capital has led a $50 million Series D round of funding for Miaozhen Systems, a Chinese third-party big data company that specializes in advertising services.