Chinese VR headset firm Pico secures $24.7m in Series A

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The round co-led by GF Qianhe and GF Xinde Investment.

Pico

India Digest: Racetrack raises $5m; Kae Capital backs Boutique Spirit 

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The latest round has reportedly valued Racetrack at $21 million.


Return backer B Capital Group co-leads $30m Series C in Evidation Health

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California-based Evidation Health has raised a $30-million Series C co-led by SV Health Investors and B Capital Group.


Freshworks becomes third Indian startup to enter unicorn club in 2018

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Freshworks’ valuation has roughly doubled to $1.3-1.4 billion in its latest funding round.


Legend Capital co-leads $293m round in Chinese Diagnostics Medical Corp

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Beijing-based Legend Capital contributed nearly $100 million as part of the round.


Sequoia Capital leads $50m Series B+ in Chinese used goods app Xiangwushuo

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The funding round was joined by big-name investors, including Hillhouse Capital, IDG Capital, GGV Capital, Matrix Partners, and ZhenFund.


Exclusive: SG’s Monk’s Hill Ventures set to make first close of $120m fund

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The second fund is substantially larger than the VC firm’s maiden fund that closed at around $85 million in 2016, exceeding its initial target of $80 million.


Australian SME lender Judo Capital raises $104m in venture round

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The round was joined by Myer Family Investments, Abu Dhabi Capital Group, Credit Suisse Asset Management, and OPTrust Private Markets Group.


Vickers Venture, Sumitomo unit lead $6m round in AI-focused ICONTEK

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This marks Vickers Venture Partners’ third investment in the artificial intelligence space.


India: SME financing platform Lendingkart secures $44m debt funding

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The freshly-raised amount will be used towards growing loan book and financing more MSMEs.