There was no summer slowdown for venture investors in China and India as deals and funds kept the pace with Alibaba, ZTE, Sequoia, Accel and Bertelsmann in the headlines.
Tencent outdoes itself with $8.6 billion deal in Finland while SAIF invests $3.5 million in Delhi-based workforce management platform FarEye, plus Baidu scores on list of amazing companies.
Silicon Dragon New York 2016 presented a pitching competition at Nasdaq, June 23. Fifteen entrepreneurs competed for a chance to go to Beijing and get funding.
Sequoia Capital made its first deal in New Zealand while Lenovo and Tencent inked a $12 million investment in VR startup in the US. SAIF led a $12 million round in an online tax service in India.
Tencent increasingly goes Hollywood with JV its latest move, Jack Ma funds Ariana Huffington’s new venture. Sequoia Capital India puts $4 million in edtech startup in Bangalore.
Alibaba Buys Into An Israeli Tech Startup, Tencent, GGV and Fosun Do Deals In The U.S., EBay Founder Does Mynamar
News of Mary Meeker’s annual Internet trends report was almost flooded by China dealmakers in the U.S. and moves by tech billionaires (think EBay founder Pierre Omidyar) into frontier markets such as newly digitizing Myanmar.