China’s NewMargin Ventures holds first close of $1.5b RMB fund

By
Posted

The fund has received commitments from guidance funds operated by the Shenzhen municipal government and Nanshan district, as well as China Everbright.

Vietnamese influencer platform Hiip bags 7-digit funding led by Thai Vnet Capital

By

Japan Strategic Capital, Tokyo-listed Rentracks and Vulpes Investment Management also participated in the round.


Delhivery raises $413m led by SoftBank Vision Fund, bags unicorn tag

By

This round, which saw the participation of existing investors Carlyle and Fosun, will see the valuation of the company shoot up to over $1.5 billion.


India Dealbook: Healofy, Voiro, Transport Hub secure funding

By

Parenting social network startup Healofy has raised $10 million in a Series A round of funding.


Singapore’s iVideoSmart raises $4.5m led by Kickstart Ventures

By

Kickstart Ventures is the VC arm of Philippine telco giant Globe Telecom. It is also backed by Ayala Corporation and Singapore’s Singtel.


Morningside leads $11m Series A funding for staff marketplace Jitjatjo

By

Launched in 2016, Jijatjo had earlier raised pre-seed and seed rounds totalling $6.9 million.


Sovereign wealth funds placed record venture capital bets in 2018

By

Singapore’s GIC and Temasek, first movers into VC among sovereign funds, accounted for 60% of deals in 2018.


Indonesian auto platform Mobilkamu raises Series A funding round

By

The financing was led by East Ventures and Genesia Ventures and backed by Denali Mitra.


Moonrise Capital holds first close of debut China-focused fund

By

The venture capital fund, Moonrise China Partners I, was launched in February 2018 with a target of $125 million.


Starbucks sets up $100m venture fund to invest in food and retail startups

By

The fund, Valor Siren Ventures Fund, will later seek to raise an additional $300 million.