-
Sequoia China, CMC Holdings to establish sports investment fund
Sequoia Capital China and China Media Capital (CMC) have jointly established a sports investment fund to back and consolidate global premium sports assets. The two VC firms said today, that the fund has completed its…
-
Carlyle to launch new fund backed by IFC, targeting US$1 billion commitment to invest in India and China
The Carlyle Group, a US-based private equity firm is raising US$1 billion under its Asian growth fund to further expand its investment portfolio in China and India. Participating in the growth fund as one of…
-
Chinese installment payment platform Fenqile to plan US$600 million IPO
Chinese installment payment platform Fenqile is planning to raise around US$600 million via its initial public offering (IPO), securing capital to go up against its biggest rival Qufenqi.
-
MAS and Abu Dhabi Global Market in collaboration to boost fintech innovation
The Monetary Authority of Singapore (MAS) and the Abu Dhabi Global Market (ADGM) on Wednesday signed an agreement to foster closer cooperation on developments and initiatives that nurture financial technology entrepreneurship and support innovation in…
-
An application to browse apps, AppBrowzer secures US$500K led by Deepak Gurnani
Bangalore-based Roid Technologies, the company operating AppBrowzer – an application to browse apps- has raised US$500K led by Deepak Gurnani, a member of Singapore Angel Network with participation from a group of angel investors.
-
Japan’s sports entertainment startup Ookami raises Series A from IMJ Investment, GREE Ventures, others
Japanese sports startup company Ookami, the company behind sports entertainment application Player! has secured an undisclosed Series A funding from IMJ Investment Partners, GREE Ventures, Asahi Shimbun, and other individual investors.
-
Malaysian stock photo startup 123RF acquires TheHungryJPEG with plans to go IPO
Malaysian stock photo startup 123RF acquires TheHungry.JPEG to expand its design resources globally, paving the way for an Australian listing.
-
Darma Tech Labs, operator behind Makers Boot Camp accelerator to launch US$17.5 million investment fund with Kyoto Bank
Drama Tech Labs, the operator behind Makers Boot Camp has agreed to establish an investment fund with Kyoto Bank to support IoT startup.
-
Car servicing aggregator BookServicing raises seed funding from NSTEDB
BookServicing, an online car servicing platform run by StatSoft Technologies Pvt Ltd has recently raised Rs 20 lakh (about US$30,000) in seed funding from the National Science and Technology Entrepreneurship Development Board (NSTEDB), a government…
-
Philippine-based marketplace PackingDelicious to raise seed fund from Tagcash
Philippine’s online marketplace PackDelicious which delivers pre-packaged food has recently received support from Tagcash Ltd., a micropayment platform.
