Venture
India's Kaizen opens US office ahead of Fund II launch
Indian education-focused GP Kaizen Private Equity has opened an office in Silicon Valley ahead of launching its first pan-Asian fund, which has a target of $120 million.
SAIF Partners leads $38m round for Chinese video site Aipai
SAIF Partners has led a $38 million Series C round of funding for Chinese video-sharing platform Aipai, with participation from Matrix Partners.
Accel leads new round for India's TaxiForSure
Accel Partners has led a Series C round of investment for Indian car rental and taxi booking site TaxiForSure.com.
Chinese payment platform completes Series B
Qufenqi.com, a Chinese installment payment platform, has raised a Series B round of funding from Source Code Capital, Golden Summit and BlueRun Ventures.
Alibaba leads Series B round for online education site
Myfriday.cn, a Chinese timetable social mobile app developer, has received a Series B round of funding led by Alibaba Group. Existing investors the Sequoia Capital and Ceyuan Ventures also participated.
China online liquor retailer Jiuxian gets $49m
Jiuxian.com, a Chinese online liquor store, has received a RMB300 million ($49 million) equity investment from China Development Bank International and other undisclosed investors.
India's Orios Venture raises $50m
Orios Venture Partners - a VC firm set up by Indian angel investor Rehan Yar Khan - has raised INR3 billion ($50 million) for its first fund.
Ex-Groupon HK CEO launches $10m seed fund
Former Groupon CEO for Hong Kong and Taiwan Danny Yeung raised a $10 million seed-stage investment fund following the launch of his new venture capital firm SXE Ventures.
China mobile healthcare developer gets $50m Series C round
Spring Rain Software, a Chinese mobile healthcare app developer, has raised a $50 million Series C round from new investors China International Capital Corp. (CICC), Rushan Investment Management and Temasek Holdings’ Pavilion Capital.
Qiming leads $25m round for China job seeking site Lagou
Qiming Venture Partners has led a $25 million Series B round for Lagou.com, a Chinese job listing website focused on IT industry, with participation from Bertelsmann Asia Investment.
China parenting site raises $24m from IDG, Banyan
Banyan Capital and IDG Capital Partners have invested RMB 150 million ($24 million) in BeiBei, a Chinese online discount retail platform for maternity and baby products.
Centurion PE leads $6.5m round for Hong Kong's GoGoVan
Centurion Private Equity has led a $6.5 million Series A round investment in Hong Kong-based GoGoVan, a mobile app for on-demand delivery services.
Samsung Electronics to acquire VC-backed SmartThings
Korean tech giant Samsung Electronics has agreed to buy US-based SmartThings, a VC-backed platform that connects everyday items to the internet.
Fosun VC, CDH commit $16m to China travel site
Fosun Venture Capital Investment and return backer CDH Venture have invested in a RMB100 million ($16 million) Series B round of funding for Lailaihui, a Chinese online travel operator.
Indonesia's Telkom to invest $200m in tech start-ups
Telkom, the biggest information and communication operator in Indonesia, plans to invest $200 million in technology start-ups.
Samara acquires 45% stake in Iron Mountain's India arm
Samara Capital has acquired a 45% stake in the Indian arm of US data storage firm Iron Mountain for an undisclosed amount.
IDG, Morningside commit $20m to China social networking app
IDG Capital Partners and Morningside Technologies have invested $20 million in a Series B round of funding for Maimai, a Chinese social networking app for professionals.
VC-backed Cheetah Mobile re-ups in China's Moxiu Technology
Cheetah Mobile, a mobile internet security firm backed by Matrix Partners and Tencent Holdings, has bought an additional 22% stake in Moxiu Technology for RMB20 million ($3.2 million).
Walden Riverwood leads $8m Series A for Japan's Atonarp
Walden Riverwood Ventures has led an $8 million Series A round of funding for Atonarp, a Japanese developer of chemical sensors.
Sabre leads $8m round for Indian dermatology specialist
Sabre Partners as led an $8 million Series B round of funding for Vyome Biosciences, an Indian bio-pharmaceutical company that specializes in dermatology.
CBC supports China internet security developer FraudMetrix
China Broadband Capital (CBC) has led a Series A+ round of funding for a Chinese internet security firm FraudMetrix, which develops products addressing risk and fraud.
Carlyle, Tiger Global back China mobile classifieds site Ganji
The Carlyle Group and Tiger Global Management have invested $200 million in a further round of funding for Ganji.com, a Chinese mobile classifieds site.
Australian agri information service gets Series C round
Agworld, an Australia-based information exchange platform for farmers, has raised A$6 million ($5.6 million) in a Series C round of funding led by Reed Elsevier Ventures. Existing investor Yuuwa Capital also participated.
Omnivore has sunny outlook for SkyMet
With around two-thirds of India's 1.2 billion-strong population reliant on farming for a livelihood the importance of the monsoon season to the economy cannot be overstated. A weak monsoon can cut exports, drive food price inflation and ultimately cause...