China Digest: GIC leads Linklogis round; Sequoia backs Ksher; XTransfer bags $10m

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Linklogis provides micro and small-sized enterprises with supply chain financing.

Linklogis

China Digest: YOHO! bags Series E+; CITIC backs Healthapple; HK’s Ztore raises $8m

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YOHO! Group, the Shanghai-based operator of lifestyle and fashion platform, has raised a Series E+ funding round led by C Ventures.


Sydney payments startup Get raises $2.5m from Vertex, Click Ventures

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Get claims a user base of 220,000 in Australia and Hong Kong and is preparing for an expansion to Singapore.


SoftBank Vision Fund-backed companies to form JVs with Grab to crack SEA

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Grab CEO Anthony Tan has been put in charge of the effort.


Gobi Partners launches $10m early-stage fund for Indonesia investments

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Gobi’s Indonesia fund will be managed in parallel with its $10-million early-stage Philippine fund launched last week in partnership with local VC firm Core Capital.


India: myGate raises $8.8m Series A round led by Prime Ventures

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Earlier this year, Prime Ventures Partners had also led the Bengaluru-based company’s first round of investment of $2 million.


Top Indonesian entrepreneurs set up early-stage VC firm Kolibra Capital

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Kolibra is the brainchild of Teezar Firmansyah, Tokopedia co-founder and director Leontinus Alpha Edison and Ciputra conglomerate heir Nararya Ciputra Sastrawinata.


India: Small-town startups catch fancy of venture capital firms

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Orios has launched an initiative called FindingMisfits to help entrepreneurs based in smaller cities and towns expand their ventures.


India: Food ordering platform Zomato raises $210m from Alipay

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The development comes almost eight months after Zomato raised $200m in a funding round led by Ant Financial.


Mega rounds in September quarter cause spurt in VC funding in India

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VC funding in the third quarter of 2018 doubled to over $2.5 billion compared to the previous quarter, driven by hotel booking start-up Oyo’s $1 billion funding.