Qiming Piles on 5th Fund At $650M for More Deals Like Xiaomi
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.
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.
Hong Kong fintech startup WeLab nabs $160 million and becomes a near-unicorn, a first for the city.
China capital is funneling into Europe, and London is a key destination for investing in startups with China market potential.
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.
A new sort of publicly traded unicorn has been created with the $1 billion financing of JD’s fintech unit from Sequoia Capital China and Chinese strategic investors.
Dragon Digest spotlights trends of Asia to US moves: Wanda buy another Hollywood studio while GrabTaxi opens Seattle office.
App Annie shows how to go from China roots to global outreach as it scales up its popular tracker of mobile app data, boosted with $63 million in new funding.
Latest deals: Indian ecommerce site Shopclues goes unicorn, Uber China piles on capital, Grindr gap app gets cash from Beijing
Chinese startups took center stage at the Consumer Electronics Show. Here’s how with a look at 8 that broke through.
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,...
Indian startups bag money for fast-growing e-commerce and mobile businesses as venture capital floods the market at highest levels seen.