vivian
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Online freight aggregator Blackbuck raises US$30 million from Sands Capital, IFC & others
Online freight aggregator Blackbuck which is owned by Zinka Logistics Solutions Pvt. Ltd, has today received an investment commitment of US$30 million in its series C funding round. Its investors consist a mixture of new…
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Japanese geo-analytics startup Nightley raises US$1.16 million series A from Nissei, SMBC and Legend Partners
Nightley, a Tokyo-based startup developing analytics technologies using geographical data has recently raised 130 million yen (about US$1.16 million) via its series A from Nissei Capital, SMBC Venture Capital, and Legend Partners Inc. This round…
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Chinese cloud AI startup CloudMinds raises a US$100 million series A
CloudMinds Inc., a Chinese startup focused on the development of cloud-intelligence-based applications and robots, announced that it has secured US$100 million in a series A funding round during a press conference held in Beijing yesterday.…
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Chinese Kung Fu actor Jet Li launches martial arts video, sports equipment website – Jetli.com
Jet Li, a Chinese Kung Fu Champion and martial arts movie superstar, has launched an online video platform, Jetli.com, in an effort to nurture martial arts enthusiasts around the world as well as to gain…
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Japanese internet company Mixi acquires Compath.me – the Tokyo startup behind family photo service KiDDY
Mixi Group, the Japanese internet company behind the social networking service of the same name mixi has announced on Monday that it has acquired Tokyo-based Compath.me, the startup behind family photo service KiDDY. The financial…
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Indonesian Kejora Ventures announces first close of US$80 million fund for growth-stage startups in Southeast Asia
Indonesia-based VC firm Kejora Ventures has announced on Wednesday news regarding the first close of its Kejora Star Capital II Fund, which is targeted at US$80 million for investments in Southeast Asia. Kejora, which is…
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Indonesian NIDA Rooms secures US$5.6 million series A led by Shanda Group
Budget hotels platform NIDA Rooms announced today that it has secured US$5.6 million in its series A fundraising round led by private investment firm Shanda Group along with participation from other Southeast Asian investors. Commenting…
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Vietnamese angel investors launch US$5 million Innovatube Fund to focus on frontier tech
Redefining itself as a venture capital firm, Innovatube, a startup incubator with branches in Vietnam, Singapore, Hong Kong, and the United Kingdom, has initiated a US$5 million pre-seed fund for Southeast Asian startups. Innovatube Fund…
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IFC to invest US$20 million in China’s Qiongzhong Rural Credit Cooperative
International Finance Corporation (IFC), the private lending arm of the World Bank, has made an investment of RMB130 million (about US$20 million) in China’s listed bank Qiongzhong Rural Credit Cooperative (RCC). As per an IFC’s…