Startup
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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$36 million Series C round of funding for Kuaikan Comic, a mobile app designed for reading light comics.
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Alibaba-backed Koubei, Zhongshi Capital to invest in Shanghai restaurant booking app
Koubei, a search engine backed by Alibaba, along with Chinese fund, Zhongshi Capital has invested in Meiweibuyongdeng, a Shanghai-based restaurant booking app.
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Israel’s Yozma Group to invest US$ 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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TempoGo raises US$825k in seed funding round led by K2 Capital
TempoGO, an Internet of Things (IoT) and SaaS solutions provider for commercial transportation has secured a Rs 5.6 crore (about US$825k) seed investment round led by Hong Kong-based K2 Capital.
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China’s Sogou targets IPO at US$5 billion valuation to rival Baidu
China’s third-biggest search engine Sogou plans to hold a U.S. initial public offering this year, according to its CEO Wang Xiaochuan in an interview with Bloomberg.
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India-based instantPay secures pre-Series A funding from RB Investments, Kaleden
New Delhi-based SMSdaak India Ltd, which operates digital payments startup instantPay, has raised its pre-series A funding from Singapore based
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Everstone makes third healthcare acquisition, investing US$35 million in OmniActive Health
Everstone Group acquires a minority stake in OmniActive Health Technologies Ltd. in a US$35 million deal to strengthen OmniActive’s presence in global nutraceutical space.
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Huawei acquires Israel cyber security startup HexaTier for US$42 million
Chinese giant Huawei has recently acquired HexaTier, an Isreali cyber security startup for US$42 million. The smartphone maker will use HexaTier to set up an R&D center in Israel for databases in the cloud.
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Tiger Brokers raises US$29 million Series B funding round backed by CITIC Goldstone, Huagai Capital
Beijing-based online brokerage company, Tiger Brokers Co has raised up to 200 million yuan (about US$29 million) in a Series B funding round participated by Citic Goldstone Management Co Ltd, and Huagai Capital.
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Baby Pictures mobile app Qinbabao closes Series B funding led by China’s Fosun Group
Fosun Group, China’s global investment firm has led the Series B investment round in Qinbaobao, a baby picture mobiles app that allows users to upload and share baby pictures and videos.
