Venture
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India's budget: Roadmap to recovery?
India’s recent Union Budget represents the opening salvo from a government that many in the business community hope will get the country moving again. The private equity industry is watching closely
China luxury goods site Secoo raises $100m Series D round
Secoo.com, a Chinese luxury goods e-commerce platform, has raised more than $100 million in a Series D round of financing led by CMC Capital Partners.
Sequoia leads round for China infant care online retailer
Sequoia Capital has led a $20 million Series B round of funding for Miyabaobei, a Chinese baby-care product online retailer.
Sequoia invests in China online wedding planner Daoxila
Sequoia Capital has invested in a Series B round of funding for Daoxila.com, a Chinese online wedding planner.
Japan fish app start-up raises $4.5m
Hachimenroppi, a Japanese start-up that operates an IT-enabled fresh fish distribution platform, has secured JPY450 million ($4.4 million) in funding from Recruit Holdings, YJ Capital, DeNA, and Monex Ventures.
VCs look beyond ad-driven business models - AVCJ Forum
Venture capital investment opportunities in Southeast Asia increasingly lie beyond the traditional advertising-driven monetization model, industry participants told the AVCJ Singapore Forum.
WestSummit, SAIF in $15.2m round for social analytics firm
WestSummit Capital and SAIF Partners have invested $15.2 million in NetBase, a US-based company that tracks social media.
Shenzhen Capital to exit e-commerce site via trade sale
Shenzhen Capital Group will exit Shenzhen Globalegrow E-commerce as the online platform use to sell Chinese products overseas is acquired by Shanxi Baiyuan Trousers Chain Management.
Steadview leads $21m round for India’s Urban Ladder
Hong Kong-based hedge fund Steadview Capital has led a $21 million Series B round of financing for Urban Ladder, an Indian furniture online retailer.
Sequoia, Norwest commit $14m to India's Capillary Technologies
Existing backers Sequoia Capital and Norwest Venture Partners have contributed $14 million in Series B to Capillary Technologies, an Indian cloud-based retail customer relationship management (CRM) platform.
Singapore online grocery retailer RedMart raises $23m
Singapore-based online grocery store RedMart has raised a $23 million Series B round led by gaming firm Garena, with participation from SoftBank Ventures, Visionnaire Ventures and Facebook co-founder Eduardo Saverin.
Nice targets selfies with style
The world has seen plenty of selfies. From dining tables to football matches, there is always someone, arm outstretched and phone in hand, keen to capture a photo of themselves for posterity. It was only a matter of time before mobile apps enabling people...
WiL aims high with Japan’s ‘next Nintendo’
From Nintendo's Super Mario Bros. all the way through to Sony PlayStation’s Final Fantasy, there was a time when Japan ruled the gaming industry. Microsoft’s Xbox and recent Western successes such as Call of Duty and Grand Theft Auto have dented...
IFC leads $8m Series B for China recycling site Aihuishou
International Finance Corporation (IFC) has led a $8 million Series B round of funding for Aihuishou, a Chinese electronics recycling start-up.
Tiger Global, Nirvana lead $5m Series B round for India's Zopper
Tiger Global Management and Nirvana Venture Advisors have led a $5 million Series B round of investment for Delhi-based Solvy Tech Solutions, which operates products review portal Zooper.com.
China online home textiles retailer Dapu secures $5m
Tianxing Capital has committed RMB30 million ($4.8 million) in a Series B round of funding to Dapu.com, a Chinese online retailer of home textiles.
China property site Fangdd raises $80m
Fangdd.com, a Chinese real estate portal, has raised $80 million in a Series B funding from Vision Knight Capital, Lightspeed China Partners and CDH Venture.
IDG backs Chinese app developer Landscape mobile
IDG Capital Partners has committed $1.85 million in seed funding to Landscape Mobile, the China- and US-based developer of mobile information management app Sight.
Shunwei invests in China online travel site Fxtrip
Shunwei Capital Partners has provided a Series A round of funding for Fxtrip.com, a Chinese outbound travel start-up.
KDDI joins corporates to launch incubator
Japanese telecoms giant KDDI will partner with 13 other corporates to create a start-up incubator targeting internet-related businesses.
Steadview, Sequoia lead $41m round for India’s Olacabs
Indian online taxi-booking and car rental platform Olacabs has raised INR2.5 billion ($41.8 million) through a Series C round of funding led by Sequoia Capital and Hong Kong-based hedge fund Steadview Capital.
India announces $1.6b fund to support start-ups
The Indian government has pledged to support local start-ups by launching a INR100 billion ($1.6 billion) fund-of-funds.
India's YourNest compiles start-up wish list ahead of budget
Indian angel fund Your Nest has put together a list of recommendations on how the government can support start-ups ahead of the 2014-2015 budget statement.
Japan's Gree leads $4.5m round for HotelQuickly
Japanese tech giant Gree has led a $4.5 million Series A-1 round of funding for HotelQickly, a Hong Kong-headquartered last-minute hotel booking platform.