VC News Network
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Online golf platform GolfLAN acquires Singapore-based competitor GolfGreedy in cash-and-stock deal
Golf inventory aggregator GolfLAN has made its second acquisition in six months, purchasing Singapore-based competitor GolfGreedy in a cash-and-stock deal.
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Comic art platform Kuaikan Manhua closes US$36 million Series C round led by Tiantu Capital
China consumer-focused GP Tiantu Capital has led a US$36 million Series C round of funding for Kuaikan Comic, a mobile app designed for reading light comics.
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Alibaba-backed Koubei, Zhongshi Capital to invest in Shanghai restaurant booking app
Koubei, a search engine backed by Alibaba, along with Chinese fund, Zhongshi Capital has invested in Meiweibuyongdeng, a Shanghai-based restaurant booking app.
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Indian Aurobindo Pharma acquires Portugal’s Generis for Rs 970 crore in a bid to boost margins in Europe
Aurobindo Pharma has inked the binding agreement, through its wholly-owned subsidiary Agile Pharma BV of Netherlands, to acquire Generis Farmaceutica SA from Magnum Capital Partners for a total consideration of 135 million euros.
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Axiom Asia Private Capital closes new Asian fund-of-funds at US$1.03 billion
Axiom Asia Private Capital announced the final close of its fourth private equity fund of funds, Axiom Asia IV, at US$1.03 billion.
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Australian media tech firm Isentia Group buys China Newswire to grow distribution business in Asia
Isentia, a content distribution and media analytics technology company based in Sydney, Australia announces the acquisition of Shanghai-based China Newswire.
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Samsung NEXT launches US$150m venture fund targeting AI, VR and IoT startups
Samsung has announced its intention to invest in seed to Series B stages within virtual reality, artificial intelligence, and IoT space via Samsung NEXT, a US$150 million venture capital fund.
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China’s New Century Healthcare targets US$129 million in Hong Kong IPO
China New Century Healthcare is looking to raise up to US$129 million in an IPO at the Hong Kong Stock Exchange this month. The trading of the company’s share will begin on January 18.
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Israel’s Yozma Group to invest US$ 41.4 million in Korean biotech startups
Israel’s leading venture capital firm Yozma Group is entering the global markets, investing US$42.1 million in Korean startups through a fund named “Yozma Group – Daesung Private Equity Inc” which is slated to begin in…
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Chinese online gaming firm G-bits Network Technology raises US$138 million in IPO
Backed by IDG Capital, Fortune Capital and the direct investment arm of Ping An Insurance, Chinese online gaming firm G-bits Network Technology has completed its IPO on the Shanghai Stock Exchange, raising an amount of…
