Featured
-
Chinese gay dating app Blued raises eight-digit RMB funding from The Beijing News
Gay dating app Blued secures an eight digit RMB strategic investment from Chinese state-run media, The Beijing News’s investment arm. – Shan Shui Cong Rong Media Investment Co.
-
Chinese B2B e-commerce platform Huimin to acquire Sequoia-backed Beequick
Huimin, a Beijing-based neighbourhood store startup has yesterday acquired Sequoia-backed Beequick, an online to offline delivery service. Financial details of the agreement were not disclosed.
-
Food Union group secures US$225 million investment from PAG and Meridian Capital to fund expansion project in China
Food Union Group, an international group of dairy and ice cream producing companies has received a combined US$225 million investment from PAG, one of Asia’s largest private equity firms, and existing investor Meridian Capital.
-
Standard Chartered Private Equity acquires Chinese beauty center operator Siyanli
Standard Charted Private Equity (SCPE) has acquired a majority stake in Siyanli, a Chinese beauty center operator. Post-acquisition, Zhu Wei will take the role of chairman at Siyanli.
-
Japanese mobile payments startup Coiney secures US$7.1 million funding from INCJ, DDH and SBI Investments
Coiney, a Japanese mobile payments startup that uses an AI-integrated credit service for financial institutions announced today that it has raised funds worth 800 million yen (about US$7.1 million).
-
Razer acquires Nextbit, the maker of cloud-based smartphone Robin
Nextbit, the startup responsible for cloud-based smartphone Robin has become part of the Razer Family. However, Nextbit will remain as a standalone business, continuing to support the Robin smartphone while enhancing the Android ecosystem.
-
Vietnamese buyout firm PHI Group to acquire majority stake in agribusiness HMC
PHI Group, a U.S.-based private equity investment firm has recently acquired the majority stake in Vietnamese agricultural company HMC which specialises in the cultivation and processing of turmeric.
-
Indonesian game developer Toge Productions raises funding from Zhexin’s DNC to kickstart international expansion
Indonesian game developer Toge Productions raises funding to kickstart international expansion
-
Travel site Ixigo secures US$15 million funding round participated by Fosun, Sequoia Capital
This deal marks the Chinese investment conglomerate, Fosun’s first venture transaction in India, a year after it has set up a local team in India.
-
Japanese Enechange raises US$4.4 million from Opt Ventures, IMJ for marketing and overseas projects
Japan’s Enechange, a startup that challenges power liberalisation businesses raises 500 million yen (about US$4.4 million) to strengthen marketing and overseas business development.
