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NetEase Cloud Music secures entry to unicorn club with US$108 million Series A
NetEase Cloud Music, a Chinese online music platform has recently completed its Series A fundraising worth RMB750 million (about US$108 million). The round was led by Shanghai Media Group, a wholly-owned subsidiary of Radio and…
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Thai rental platform FavStay secures US$2.88 million from Dusit International, 500 Startups
Room booking platform FavStay has raised a US$2.88 million funding round led by upscale hotel chain Dusit International. The round also saw the participation of 500 Startups and several undisclosed investors. News about the event…
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Meituan-Dianping taps into Bed and Breakfast market with the launch of its Hazelnut B&B app
Meituan-Dianping expects Hazelnut B&B to become an important competitor to Airbnb in China.
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Muslimarket raises Series A to launch in-house Muslim fashion brand SUQMA
SUQMA aims to become the next Zara and H&M for Muslimah fashion wear, according to Riel Tasmaya, the co-founder of Muslimarket.
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Chinese employee training platform YunXueTang secures US$22 million round led by SIG
YunXueTang is an employee training platform for enterprises.
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Digital Ventures to inject cash in geolocation data firm Pulse iD
Pulse iD will develop a geo-profiling platform for SCB.
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Accion, DeepBlue upsize First Circle’s seed funding to US$2.5 million
First Circle said Wednesday that their first private equity funding was closed successfully after being upsized by more than 108 percent. Global venture capital firms Accion Venture Lab and DeepBlue VC provided the capital to…
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Crowe Horwath acquires Partners Capital to extend corporate advisory services
Crowe Horwath is adding Partners Capital, an outsource investment office to provide corporate advisory services. The financial terms of the deal were undisclosed.
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Japan’s car telematics startup, SmartDrive gets US$9 million in Series B to ramp up big data analysis
SmartDrive will use the latest capital for recruitment and continue to invest in video image analysis which will launch this summer.
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The Beer Cafe secures an undisclosed funding from Singapore-based RB Investments
Owned by Gurgaon-based BTB Marketing Pvt Ltd, a chain of beer bars under the brand “The Beer Cafe” has raised an undisclosed funding from Singapore-based RB Investments. The company’s first funding round was worth US$4.57…
