Lightspeed’s New China Fund Breaks New Ground, HAX Looks To India
Lightspeed China’s new funds lifts off while India gets fresh recognition as a startup hub but not much new capital.
Lightspeed China’s new funds lifts off while India gets fresh recognition as a startup hub but not much new capital.
It has been tough selecting two winners from the 19 entrepreneurs who pitched last week at Silicon Dragon’s pitch last week in New York City. There were the co-founders Bao Lei and Ying Shen who pitched their startup Xingzhi, which uses big data and machine learning to match Chinese students who wish to study abroad with U.S. universities. There was Sally...
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.
Silicon Dragon Pitch Competition Launches. Entrepreneurs Pitch in New York June 23 To Win Prizes To Start Up In Beijing. Applications due June 17, 2016.
Indian startup Cleartax draws impact money from Founders Fund and Sequoia Capital India to digitize filing of taxes. Plus, New Zealand and Taiwan pair up in new fund.
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.
The start of something really big! Hollywood Meets China Meet Tech Innovation. Lots of discussion around VR and AR — a prelude of what’s to come July 27-28 at Silicon Dragon’s LA event.
The Hover flying camera and Baidu driver-less cars drew eyes in Beijing, DCM deal and personnel move were in the spotlight, signs of a slowing startup economy surfaced PLUS Silicon Dragon made a splash with its 6th annual event in ever-intense Beijing.
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.
This week’s Silicon Dragon News: China Media Capital takes stake in Ron Howard’s film group, Amadeus inks first India deal, 500 Startups steps up in Southeast Asia, Lightspeed recharges with 2 news funds at $1.2B, and Alibaba and SoftBank restructuring and bulked up. Elon Musk sounded off about Singapore roadblocks to Tesla. Plus, VR and cloud computing deals got funding.