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Chinese mobile games developer ShineZone raises US$58 million in its series B fundraising
Chinese mobile game developer ShineZone has recently completed a RMB400 million (about US$58 million) series B round, and is looking to go for an IPO listing.
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Indian packaged foods startup Sattviko acquires outfits curation platform StylSpot
Indian packaged food startup Sattviko has acquired StylSpot., a fashion stylist curation platform in order to scale up their product discovery platform.
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CapBridge and Gordian Capital to launch US$100 million rules-based CapBridge Investment Trust to invest in private securities
Singapore’s CapBridge and Gordian Capital has formed a partnership to launch CapBridge Investment Trust (CIT), a rules-based investment trustr for private securities that has just launched.
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Chinese online dress rental platform MSParis raises US$18 million funding led by Northern Light Venture
Chinese online women’s dress rental platform Ms Paris has raised a US$18 million funding round led by Northern Light Venture Capital.
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Korean Soft Power launches real-time interpreter app ManTong, translating Korean into 10 different languages
The app will allow the translations of Korean into ten different languages including English, Chinese, Japanese, French, German and others.
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Mobvista secures US$100 million credit facility from Bank of China
Bank of China granted almost US$100 million credit facility to Mobvista, a global leading mobile marketing company, marking the largest credit facility in the industry of China.
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Wah Seong Corp acquires German pipeline coating firm mutares AG for US$20.6 million
Wah Seong Group has acquired a Germany-based pipe coating firm, mutares Holding-16 AG for US$20.6 million, to gain access to mutares’ pipe coating plant for the Nord Stream 2 project in the Baltic Sea.
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China Media Capital, SECA to invest tens of millions of Euros in FIA Formula E Championship
CMC Capital Partners announced on Tuesday that it has invested millions of euros into Formula E Holdings, the official promoter of the FIA Formula E Championship.
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BookMyShow acquires majority stake in Pune-based DIY events platform Townscript
BigTree, the owner of Bookmyshow makes its second acquisition this year after it took over Hyderabad-based MastiTickets last month.
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Nazara Games invests US$20 million to set up Indian professional eSports gaming league
Nazara Games announced on Tuesday that it will invest US$20 million in a new esports league in India, a series of organised multiplayer video game tournaments.
