Tiger Global and Falcon Edge Capital led a USD251m Series E for India-based fintech CRED at a reported ~USD4b valuation, with participation from Marshall Wace and Steadfast, and follow-on from DST Global, Insight Partners, Coatue, Sofina, RTP and Dragoneer Investment Group. Read more… Read More
Kora Capital led a USD75m Series C for India-based fintech SaaS Clear, the maker of tax software ClearTax, with participation from Stripe, Alua Capital, Think Investments and others. Read more… Read More
India-based investing platform Groww raised a USD251m Series E at a USD3b reported valuation from Alkeon, Lone Pine Capital, Steadfast and existing investors Sequoia Capital India, Ribbit Capital, YC Continuity, Tiger Global and Propel Venture Partners. Read more… Read More
Huaxing Growth Capital, CPE and Country Garden Venture Capital led a ~USD563m Series C for China-based vacuum cleaner maker Dreame, with follow-on from Xiaomi, Shunwei Capital and IDG Capital. Read more… Read More
CDC Group committed USD70m to Green Growth Equity Fund, an India-focused climate change fund managed by EverSource Capital. Read more… Read More
Monk’s Hill Ventures led a USD2.8m Series A for Doyobi, a Singapore-based provider of STEM teaching resources, with participation from Tresmonos Capital, Novus Paradigm Capital, XA Network and angel investors Quek Siu Rui (Carousell), Oswald Yeo and Seah Ying Cong (Glints), and Reuben Lai (Grab Financial). Read more… Read More
Matrix Partners India led a USD10m round for India-based food supply SaaS platform FarMart, with participation from Innoven Capital and follow-on from Omidyar Network India, Avaana Capital and 500 Global. The round facilitated an exit for Indian Angel Network and LetsVenture. Read more… Read More
Alibaba led a CNY560m (~USD88m) Series D for Creative Biosciences, a China-based early-stage cancer screening solutions company, with participation from Huaxing Growth Capital, Co-Stone Asset Management, ABC International and Henglu Asset Management, and follow-on from IDG Capital. Read more… Read More
XPeng, IDG Capital and 5Y Capital led a USD500m Series A for HT Aero, a China-based urban air mobility company backed by XPeng, at a reported USD1b valuation, with participation from Sequoia Capital China, Eastern Bell Capital, GGV Capital, GL Ventures and Yunfeng Capital. Read more… Read More
Primavera Capital invested USD600m in Envision Energy and Envision AESC, two subsidiaries of Envision Group, a China-based manufacturer of wind turbines, smart batteries and renewable energy management systems. Read more… Read More
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