Venture
SAIF joins Series B as Ayla eyes China expansion
SAIF Partners has participated in a $14.5 million Series B round of funding for Ayla Networks, an internet of things (IoT) platform that wants to expand its cloud-based services into China.
Lok Capital exits India BPO firm
India-focused VC firm Lok Capital has made a partial exit from Bangalore-based business process outsourcing (BPO) firm, RuralShores, generating a money multiple of 6x.
Profile: Khosla Ventures' Andrew Chung
Andrew Chung, a partner of Khosla Ventures, passed up a chance at becoming a Hong Kong pop star for a career in VC investing. Now he is helping start-ups commercialize new energy technologies in Asia
Insight breaks records with Campaign Monitor
When you consider the sheer scale of the opportunity, it is perhaps no surprise to learn that Australia's largest-ever tech VC investment to date - which took place earlier this month - involved a software-as-a-service (SaaS) company.
Warburg supports Liepin's O2O expansion
Emboldened by a $70 million Series C round of funding led by Warburg Pincus, differentiation is now Liepin.com's top priority. The Chinese online recruitment services provider must set itself apart from rivals such as NASDAQ-listed 51job and Zhaopin.com....
China's Ctrip invests $200m in VC-backed Tongcheng
Tongcheng Network Technology, the VC-backed business behind travel site 17u.com and ticketing site LY.com, has received $200 million Ctrip International.
Japan VCs invest $4m in game developer Aiming
Japanese gaming company Aiming has received a JPY450 million ($4.3 million) round of investment from YJ Capital, Mitsubishi UFJ Capital and Mizuho Capital.
Texas County & District backs Legend's China VC fund
Texas County & District Retirement System (TCDRS) has committed $30 million to Legend Capital’s latest China venture capital fund.
SingTel Innov8, Foxconn back Singapore's KAI Square
KAI Square, a Singapore-based video analytics firm, has obtained S$4 million ($3 million) in Series B funding from Foxconn Technology Group and SingTel Innov8.
Sequoia provides Series A for India's SirionLabs
Sequoia Capital has agreed to provide $4.7 million in Series A funding to SirionLabs, a software-as-a-service (SaaS) provider based in India and the US.
CDH eyes summer close for recalibrated VC fund
CDH Investments is targeting a $150 million final close on its third China venture capital fund, having suspended marketing for a year following a decision to cut back the investment remit and vehicle size.
Fosun launches VC arm in Silicon Valley
Chinese conglomerate Fosun International has launched a venture capital arm operated in Silicon Valley. The firm, Kinzon Capital, has received $100 million from Fosun to invest in US-based start-ups.
Trustbridge joins round for China food ordering site Meican
Meican, a Chinese food ordering platform, has received an undisclosed sum in follow-on funding from Trustbridge Partners to complete a Series B round of funding.
US-based Weebly secures $35m from Tencent, Sequoia
Tencent Holdings and Sequoia Capital have invested $35 million in a Series C round of funding for Weebly, a US-based web-hosting services provider.
Singapore government backs six local VC funds
The Singapore government has committed S$10 million ($7.9 million) apiece to funds run by Jungle Ventures, Golden Gate Ventures, SBI Ven Capital, Walden International, New Asia Investments and Monk’s Hill Ventures.
Matrix closes third China VC fund at $350m
Matrix Partners has reached a final close of $350 million on its third China-focused fund. It follows a strong first quarter for China venture capital fundraising.
New Horizon leads $70m Series C for Arrail Dental
New Horizon Capital has led a $70 million Series C round of funding for Arrail Dental Clinic, a Beijing-based dental service provider.
Insight Venture commits $250m to Australia's Campaign Monitor
Insight Venture Partners has invested $250 million in Campaign Monitor, an Australian business that makes software for email-marketing campaigns.
TPG forms JV with Indian online player Smile
TPG Growth has formed a $100 million joint venture with Indian internet media company Smile Group to build businesses in Asia-Pacific, the Middle East and Africa.
IDG, Vertex lead $23m round for India's Yatra
IDG Ventures and Temasek Holdings-owned Vertex Ventures have led a INR1.4 billion ($23 million) round of funding for Yatra.com, a leading Indian online travel company.
Warburg Pincus leads $70m round for China job site Liepin
Warburg Pincus has led a $70 million Series C round of funding for Liepin.com, a Chinese online recruitment services provider, with participation from existing investor Matrix Partners China.
Lightspeed bets on financial disruption
Regulation is the primary concern for PE and VC firms considering investments in China’s peer-to-peer (P2P) lending industry. The market opportunity has never really been in doubt. Online P2P lending platforms are a bridge between individual lenders and...
1Q analysis: Big fish, small fish
Country fund stars, China VCs make their mark on fundraising; the trade sale spike won't be sustained and the IPO surge may falter too; South Korean buyouts continue to create headlines
CBC, AsiaInfo back China travel solutions provider Baoku
China Broadband Capital (CBC) and telecom software developer AsiaInfo-Linkage have backed a Series A round of funding for Baoku.com, a Beijing-based travel solutions provider.