India Dealbook: Startups Wydr, Tyre Express and Ethosh raise funds

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Mobile B2B marketplace Wydr, Enterprise IoT solutions startup Tyre Express and visual and interactive communications firm Ethosh have raised funds. Mobile B2B marketplace Wydr raises Series A round Mobile B2B marketplace Wydr has successfully raised second round of funding from Bessemer Venture Partners, Stellaris Venture Partners and Jungle Venture Partners. The financial details were not disclosed…. Read more »

Indian Rupee Notes. Photo: Livemint

Peter Thiel’s Mithril Capital raises $850m VC fund

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Mithril Capital Management LLC, a venture capital firm co-founded by Peter Thiel, said it raised about $850 million for its second fund. Ajay Royan, managing general partner of Mithril Capital, said the firm takes a somewhat unusual approach of asking investors to pay management fees over 12 years, instead of… Read more »


Malaysia’s RHL Ventures invests in US-based tech startup Sidestep

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Sidestep app allows users to skip long queues during live events


China: Media startup Er Geng raises $21m; Travel management platform Meiya bags $17m

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Chinese VC firms made 8-digit investments into media startup Er Geng and OTA platform Meiya.


Thailand’s Digital Ventures invests in Nyca Fund II to expand fintech radar to US

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The VC firm is the only Thai investor among Nyca’s ten institutional LPs.


India: Zeotap raises $12.8m from New Science Ventures, HERE

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Existing investors also participated in the round.


China: LeEco arm LeSports in talks to raise $438m

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Last year, the company had received $1.2 billion in Series B round.


China: Matrix Partners invests in Huangbaoche, Citic Capital backs Samoyed Financial

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China: Matrix Partners invests in Huangbaoche, Citic Capital backs Samoyed Financial


Rocket Internet raises $1b new fund for global internet startups

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This is Europe’s largest fund focused on the global Internet sector.


India: Saama Capital hits final close of third fund at $58m

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With this latest funding Saama Capital will have a total corpus of around $140m.