Redpoint does its first China-specific fund, LeEco bids to be media content and distribution powershouse in the U.S., Sequoia hires its first female partner, Wipro make a U.S. deal with cloud service acquisition in Indiana.
Category: India News
Silicon Dragon Weekly Digest: It was a head-spinning week of China deals and venture featuring Baidu, Alibaba plus a KKR affiliate in India doing a deal with a Netflix rival.
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).
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
Startup Asia’s wrap of the news with a cross-border focus features Matrix, Nexus and Innovation Works.
Sequoia Capital’s new mega fund for India and Southeast Asia goes for the jackpot by backing more and more regional next-generation startups.
Weekly Wrap – Qiming raises a 5th fund of $650 million to invest more in China’s leading edge tech innovators while Softbank gears up to pour $10 billion in India over next 10 years.
Mind-boggling amounts are going into Asian ventures – Norwest raises huge $1.3 fund amid new government-led startup capital while Meituan-Dianping pulls in $3.3 billion for market race dominance.
Latest deals: Indian ecommerce site Shopclues goes unicorn, Uber China piles on capital, Grindr gap app gets cash from Beijing
Indian startups bag money for fast-growing e-commerce and mobile businesses as venture capital floods the market at highest levels seen.
Amazon leads investment of $22 million in an Indian on-demand service for such chores as house cleaning. Bezos could invest as much as $5 billion in India.