Venture
India's SIDBI invests in diabetes hospital
SIDBI Venture Capital has invested INR180 million ($3 million) in the India Kanungo Institute of Diabetes Specialities (KIDS) via its Samridhi Fund.
China online health forum secures $1m from Lightspeed
Lightspeed China Partners has committed $1 million to Kanchufang, a Chinese online healthcare information operator.
Jafco reaches $260m final close on fifth global VC fund
Jafco Ventures has reached a final close on its latest global fund at $260 million for its latest global fund. The vehicle, which was originally targeting $250 million, is the largest the firm has ever raised.
VC-backed China cosmetics retailer Jumei targets $400m IPO
Sequoia Capital investee Jumei International Holding, which claims to be China’s leading online retailer of beauty products, is seeking to raise up to $400 million through a NASDAQ IPO.
Indian regulator to issue crowdfunding guidelines
India’s securities regulator plans to issue guidelines for crowdfunding as part of efforts to open up additional financing channels for start-ups.
DCM commits $9m to China's DerbySoft
DCM has committed $9 million in a Series D round of funding for DerbySoft, a Chinese hotel technology solutions provider.
Japan's B Dash Ventures backs photo curation site Iemo
Japanese VC firm B Dash Ventures has invested an undisclosed sum in Iemo, an interior design-focused photo site.
Meridian Capital backs China Wi-Fi solutions provider
Chao WiFi, a Chinese Wi-Fi services provider, has received RMB15 million ($2.4 million) in Series A funding from Meridian Capital.
Lightspeed leads Series B round for China P2P lender PPDai
Lightspeed China Partners has led a Series B round of funding for PPDai, which claims to be China’s first and largest peer-to-peer lending (P2P) platform. Other investors include Sequoia Capital and US-listed wealth management firm Noah Holdings.
IDG, China Growth Capital invest in job site HunterOn
HunterOn.com, a Chinese online recruitment website, has secured a Series A round of funding from IDG Capital Partners and China Growth Capital.
India's Ineda Systems raises $17m Series B round
Ineda Systems, a US and India-based developer of chip components targeting the wearable and internet of things (IoT) segment, has raised a $17 million round of Series B funding led by Walden-Riverwood Ventures.
Vertex leads round for Southeast Asia taxi-booking app
Vertex Ventures, a unit of Temasek Holdings, has led a round of funding for GrabTaxi, a taxi booking app set up in Malaysia that is looking to continue its expansion into other Southeast Asian markets.
China healthcare: Innovation issues
There is plenty of buzz about investment in Chinese healthcare but the pharmaceuticals segment has yet to fulfill its promise as an R&D hub. Should PE and VC investors be looking for different angles?
VC-backed Chinese package tour platform files for US IPO
Tuniu, a Chinese online package tour provider backed by DCM, Temasek Holdings, Gobi Partners and Sequoia Capital, is seeking to raise up to $120 million through a US IPO.
China online music provider Kuke secures Milestone support
China-focused Milestone Capital has committed a Series A round of funding to Kuke.com, an online music supplier.
Kingsoft commits $90m to VC-backed file-sharing service Xunlei
Chinese software developer Kingsoft Corporation will invest $90 million in Xunlei, a file-sharing service backed by a string of VC firms including Morningside Technologies, IDG Ventures and Ceyuan Ventures.
LanzaTech forms Asian alliance
LanzaTech is a classic example of how a disruptive technology can attract investors from different geographies. Originally from New Zealand, the company has developed a technology for converting carbon dioxide into fuel and chemical products. This kind...
Singapore VC: Silicon dreams
Buoyed by government support and increasing private sector interest, Singapore has created a legion of tech start-ups that now require further investment. Can it become Southeast Asia’s answer to Silicon Valley?
Jafco invests $2m in Japan leisure booking site
Globis Capital Partners and Jafco Ventures have invested JPY200 million ($1.95 million) in Catarizm, the Japanese start-up behind online leisure booking site Asoview.
IDG leads round for Chinese restaurant review app Ricebook
IDG Capital Partners has led a $7 million Series B round of funding for Ricebook, a Chinese restaurant review mobile app operator.
Fidelity, Gree invest $5m in Japan's Kaizen Platform
Fidelity Growth Partners and Gree Ventures have together invested $5 million in Japan's Kaizen Platform, the start-up behind PlanBCD, a platform that crowd-sources web design services.
Kalaari provides Series A for India big data start-up
Kalaari Capital has committed $3 million in Series A funding to Germin8, a Mumbai-headquartered big data analytics company.
KDDI incubator announces five start-ups for new program
KDDI Mugen Labo, an incubator backed by Japanese telecoms giant KDDI, has revealed the next batch of five start-ups to enter its boot camp program.
Japan flea market app raises $14m for US expansion
Mercari, the Japanese start-up behind the mobile flea market app of the same name, has raised JPY1.45 billion ($14.1 million) from Global Brain, Globis Capital Partners, Itochu Technology Venture, GMO Venture Partners, and other unnamed investors.