Venture
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Greenwoods invests $16m in China online rebate site Taofen8
Greenwoods Asset Management has committed RMB100 million ($16 million) in a Series A round of funding for Taofen8, a Chinese online discount aggregation site.
Cisco allocates $40m to Indian start-ups
Cisco Investments, the VC arm of Cisco, has allocated $40 million to fund early-stage companies in India.
Chinese e-commerce platform Qianmi secures $8m
Qianmi.com, a Chinese e-commerce system and technology service provider, has received RMB50 million ($8 million) in Series A funding from Bang Sheng Capital, a subsidiary of state-owned Govtor Capital.
Intel Capital backs New Zealand, India software start-ups
Intel Capital, the captive VC arm of the global chipmaker, has announced investments in two software developers, based in New Zealand and India, respectively.
China menstruation-tracking app Meet You raises $35m
SIG Asia Investment has led a $35 million Series C round of funding for Meet You, a Chinese menstrual health mobile app, with participation from Matrix Partners and China Renaissance K2 Ventures.
VC-backed Xunlei jumps 24% on debut after $88m IPO
Xunlei, a Chinese file-sharing and download management platform backed by a string of VC firms, saw its stock gain 24% on its first day of trading on NASDAQ following a $88 million IPO.
China’s Pixar dream wins VC support
Gary Wang has start-up pedigree. The Chinese entrepreneur took online video company Tudou.com from nothing to a US listing, and two years ago, a merger with rival Youku.com in a deal worth $1 billion. Wang now runs an animated film studio, which is already...
VC in China P2P: Revert to the norm?
China venture capital goes through fads and phases. A business model – perhaps already proven in another market – is rolled out locally. This precipitates a flood of copycats, plunging the market into a period of cutthroat competition. Consolidation...
Lightspeed China closes Fund II at $260m
Lightspeed China Partners has reached a final close of $260 million on its second China fund, exceeding the target of $220 million.
Australia's Lifx goes from Kickstarter to Series A
Sequoia Capital has led a $12 million Series A round of investment for Lifx, an Australian manufacturer of Wi-Fi enabled light bulbs.
GGV, Chengwei lead $20m round for Chinese animation studio
GGV Capital and Chengwei Capital have led a $20 million Series B round of funding for Light Chaser Animation Studios, a Chinese animation producer.
Morningside backs China online P2P lender Yooli
Morningside Technologies has provided a Series B round of funding for Yooli.com, a Chinese peer-to-peer financing platform backed by Softbank China Capital.
KDDI, Jafco invest $12m in Japan news app Gunosy
Japanese telecom giant KDDI Corp. has led a JPY1.2 billion ($11.8 million) round of investment in news app developer Gunosy.
Milestone leads $35m Series B round for JHL Biotech
Milestone Capital has led a $35 million Series B round of investment for JHL Biotech, a Taiwan-based biopharmaceutical company.
Nadathur invests $10m in Indian risk management provider
Nadathur Holdings has invested $10 million in Paladion Networks, an Indian technology firm which provides information risk management.
China vacation rental site raises $100m from VC investors
Venture capital investors have committed $100 million in Series C funding to Tujia.com, a Chinese vacation-rental website. The company has now raised $164 million since inception.
SoftBank's VC arm to help Kony expand in Asia
The VC arm of Japan’s SoftBank Corp. has led a $50 million round of funding for US-based Kony with a view to helping the enterprise mobility company expand in Asia.
CyberAgent launches $50m start-up fund
CyberAgent Ventures, the corporate VC arm the Japanese internet firm, has formed a new fund worth JPY5 billion ($49 million).
China's UCloud raises $50m Series B round
UCloud, a China-based cloud services provider, has raised $50 million in a Series B round of funding led by Legend Capital and existing investor Bertelsmann Asia Investments.
VC-backed Xunlei sets terms for $92.5m US IPO
Xunlei, a Chinese file-sharing and download management platform backed by a string of VC firms, is seeking to raise up to $92.5 million through its US IPO.
Sequoia, TOM Group support HK P2P lender WeLab
Sequoia Capital and Asian billionaire Li Ka-Shing's TOM Group have invested $14 million in WeLab, the start-up behind peer-to-peer (P2P) lending platform WeLend.hk, in a Series A round of funding .
Intel Capital leads $16m round for India's Vizury
Intel Capital has led a $16 million Series C round of funding for Indian client relations management (CRM) platform Vizury.
Khosla, Battery lead $9.2m Series B for HackerRank
Khosla Ventures and Battery Ventures have led a $9.2 million Series B round of funding for Indian hacker platform HackerRank.
Tiger Global leads $31m Series D round for India's Freshdeck
Tiger Global Management has led a $31 million Series D round of investment in India's Freshdesk, a provider of a software-as-a-service (SaaS) customer support platform.