Women’s World Banking Asset Management led a INR1.7b (~USD21m) investment in India-based motorbike financing platform Bike Bazaar, with participation from Light Travels, AMP Fitness and ECO power, and follow-on from Elevar Equity and Faering Capital. Read more… Read More
Sequoia Capital China led a CNY300m (~USD43.5m) Series A for BoomRay Pharmaceuticals, a China-based radioactive molecular imaging and nuclear drug transformation platform, with participation from River Head Capital, Tianfu Sanjiang Asset Management, Puhua Capital, CTS Capital, Shengmingyuan Venture Capital and Shenzhen Jincheng. Read more here and… Read More
Motilal Oswal’s funds India Business Excellence Fund – IV, India SME Investments – Fund I and Motilal Oswal Finvest invested USD66m in India-based ceramics manufacturer Simpolo Group. Read more… Read More
China International Capital Corp (CICC) led a CNY2.5b (~USD362m) Series B for Gokin Solar, a China-based manufacturer of photovoltaic silicon wafers for solar energy, with participation from Walden International, Guangdong Technology Financial Group, Goldstone Investment, Haitong Kaiyuan Investment and Huamin Ruishi Private Equity Fund. Read more… Read More
EagleChip, a China-based designer of domestic high-end FPGA chips, raised CNY286m (~USD41m) in an angel round from Matrix Partners, Redpoint China Ventures, Sequoia Capital, CTC Capital and VLight Capital. Read more here and here… Read More
JAM Fund led a USD7.9m seed round for PriceOye.pk, a Pakistan-based electronics marketplace, with participation from Peter Thiel, Beenext, Palm Drive Capital, Atlas Ventures and others, with follow-on from Fatima Gobi Ventures, SOSV and Artistic Ventures. Read more… Read More
Fosun RZ Capital and Worldwide Logistics Group led a CNY132m (~USD19m) Series A extension for Jijia, a China-based e-commerce platform, with follow-on from eGarden Ventures, Seas Capital, Yunqi Partners, ZCapital and Lighthouse Capital. Read more… Read More
DCM Ventures, Lavender Hill Capital and PERSOL led a USD50m Series D for Glints, a Singapore-based career development and recruitment platform, with participation from Endeavor Catalyst, and follow-on from Monk’s Hill Ventures, Fresco Capital and Flipkart co-founder Binny Bansal. Read more… Read More
Novo Holdings led a USD50m investment in US-based, India-founded genetic testing company MedGenome, acquiring a minority stake, with follow-on from LeapFrog Investments and Sofina. LeapFrog led a USD55m investment round in April 2020. Read more… Read More
TPGRise Fund and Norwest Venture Partners led a USD110m Series D for EarlySalary, an India-based consumer lending fintech, with follow-on from Piramal Capital & Housing Finance. Read more… Read More
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