Venture capitalists Jenny Lee, Melissa Guzy and Anna Fang discuss their view of the global startup and funding scene. Join us June 2 eve in Hong Kong.
Category: Asia News
Don’t expect the downturn to last long though. Several new funds emerged in April, led by GGV’s mega $1.2 billion fund.
China Power: 11 China-based VCs rank among the top 100 startup investors globally while Mainland China counts 41 of 155 unicorn companies worldwide. New deals span India, Japan, the UK and Malaysia.
Amazing to see the mainstream tech media catching onto the copy from China trend that Silicon Dragon spotlighted some 8 years ago (in a book by the same title).
Startup Asia Digest: VC Andrew Chung forums 1955, Didi tips scales at $20B, Huawei stands behind Tim Cook’s position, China’s Perfect World links up with Hollywood
Prominent venture investors in the Forbes Asia list of young up and comers include DCM, Gobi Partners, Sequoia Capital, IDG Ventures India and Golden Gate Ventures.
GGV Capital is bulking up with two funds while Southeast Asia draws in VCs such as Gobi’s new deal in Vietnam.
Matrix, Vertex raise new funds while Alibaba, Xiaomi, Tencent and Softbank ink deals in APAC and Europe
Dragon Digest spotlights trends of Asia to US moves: Wanda buy another Hollywood studio while GrabTaxi opens Seattle office.
Startup Asia News: Sequoia, Kleiner, Qiming, NLVC, Gobi, Golden Gate, SAIF all factor Into 5 Significant Fund Raisings. Plus Ctrip and MakeMyTrip Make Odd But Strategic Couple.
Indian online grocery portal PepperTap closed $4 million in funding from InnoVen Capital as part of a $40 million Series B funding round that it began raising in October 2014, bringing its total funding to $51 million. In addition to InnoVen, investors in the latest round include SnapDeal, Sequoia India, SAIF Partners and JAFCO Asia. Concurrently,...
Apple Pay and Samsung Pay are entering the Chinese mobile payments market by striking deal with state-owned UnionPay, but are going up against entrenched Alibaba’s Alipay and Tencent’s Tenpay.