China: CMC, HG Capital invest in Newrank; National SMEs Fund backs Tianyancha
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It was once the preserve of rich oil exporters or nations with trade surpluses,
True North, SIDBI, Tata Fund, Kotak Life Insurance also joined the Fincare round.
It has acquired Down, Inc. (USA), Goodnight (Taiwan) and Kickoff (Brazil).
Southeast Asian ride-hailing platform Grab is launching a $100 million social impact investment fund.
Indonesian venture capital and startups association (AMVESINDO) will push for the setting up of a national VC fund this year, chairman Jefri Sirait told DEALSTREETASIA. The fund will aim to invest mainly in tech-based early-stage businesses across the country, which are believed to require about Rp20 trillion ($1.5 billion) of… Read more »
Airmed Path Labs has raised about $1.5 million (Rs 10 crore) from Brand Capital, while Japan’s Dream Incubator has made its first investment in India by injecting an undisclosed amount in Udupi-based gaming startup 99Games. Crowdfunding platform Wishberry has secured an undisclosed amount in a Pre-Series A funding round led by iSPIRT… Read more »
China Oceanwide Group and IDG Capital has acquired the International Data Group.
HTC Corporation has announced a fund targeting VR investments for content and technologies that drive sustainable development.
Novogene Technology has closed a $75m Series B round led by CMB International.