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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.
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Indonesian Indo Komoditi to acquire Sinar Cahaya Cemerlang, Zonergy’s local unit for US$33 million
Indonesian rubber producer, Indo Komoditi has acquired Sinar Cahaya Cemerlang (SCC), a local unit of Zonergy for US$33 million which will be supplied by major shareholders Alam Tulus Abadi (ATA) and Sinoasia. The shareholders’ approval…
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Thai consumer products firm Neo Corp secures US$6.73 million investment from Finansa Fund
Neo Corporate – a Thai manufacturer and distributor of house brand consumer products which includes Fineline and Eversense has recently raised a US$6.73 million investment from Finansa Fund Management.
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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.
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Chinese antibody drug developer Mabworks raises US$39 million Series B led by GTJA Group
Chinese antibody drug developer Mabworks raises a US$39 million Series B financing round led by Shenzhen GTJA Investment Group.
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Japanese video production startup Viibar secures US$3.5 million strategic investment from Nikkei
Japanese video production startup Viibar on January 17 has secured US$3.5 million strategic investment from Nikkei. The two will enter a partnership to launch N Brand Studio and Nikkei Style.
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Chinese online education startup XueBaJun secures US$100 million Series C co-led by China Merchants Capital and EasyCapital
Chinese online education startup XueBaJun announced that it has secured a US$100 million Series C round. The education startup independently developed robot is also going to participate in the 2017 college entrance examination.
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Singapore-based CoAssets invests US$145K in Chinese product crowdfunding platform Da Xian Bing
Singapore-based CoAssets on Monday has invested US$145K in a Chinese product crowdfunding platform, Da Xian Bing. CoAssets expects to increase its user base in China by 300,000 within six months of its investment in Da…
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Apollo LogiSolutions to raise US$100 to US$120 million funding in two months
Logistics provider ApolloLogi Solutions is close to raising US$100 to US$120 million with one of it backers Edelweiss to become the company’s advisor to help rope in strategic and financial investors.
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India-based fitness marketplace app Fitnapp raises funds from realty developer SD Group
Fitnapp, a mobile marketplace that creates a platform for users to discover and purchase fitness services from the gym and fitness centers around them has today raised funding from SD Group
