Tiger Global led a USD150m Series C for Xendit, an Indonesia-based payments infrastructure provider for businesses, with follow-on from Accel, Amasia and Justin Kan’s Goat Capita, at a reported USD1b valuation. Read more… Read More
CX Partners and returning investor Jungle Ventures led a USD24m Series C for India-based workforce management platform BetterPlace, with participation from CDC Group and Capria Ventures, and follow-on from Unitus Ventures and 3one4 Capital. Read more… Read More
Square Peg led a USD35m round for Pluang, an Indonesia-based fintech providing consumer savings and investment products, with participation from SIG and UOB Venture Management and follow-on from Go-Ventures and Openspace Ventures. This is an extension of the USD20m round led by Openspace Ventures in March. Read more… Read More
Kotak Special Situations Fund invested INR10b (~USD130m) in India-based logistics firm TVS Supply Chain Solutions. Of the INR10b, INR8b (~USD109m) were invested in the form of non-convertible debentures while the remaining INR2b (~USD27m) were invested in the form of equity. Read more… Read More
Monk’s Hill Ventures, Jungle Ventures and Alpha JWC Ventures invested an undisclosed pre-Series A for Indonesia-based digital identity network VIDA. Read more… Read More
3H Health Investment, Loyal Valley Capital and Morningside Ventures led a USD54.5m Series B+ for Alebund Pharmaceuticals, a China-based biopharmaceutical company developing treatment for renal diseases, with participation from YuanBio Venture Capital, Octagon Capital, Verition Fund Management and HT Capital, and follow-on from Lilly Asia Ventures, Quan Capital, 3E Bioventures… Read More
Sequoia Capital China, IDG Capital and Hidden Hill Capital led a USD186m Series E for China-based electronic signature services provider eSign, with participation from Sealand Innovation Capital, Guangxi Investment Group and Wens Capital, and follow-on from Fortune Capital and Grand Flight Investment. Read more… Read More
Jungle Ventures reached a USD225 first close for its fourth fund. The vehicle has a target size of USD350m and plans to invest in startups primarily in Southeast Asia, but it will also make investments in India. Read more… Read More
Temasek, Google and existing investors Tiger Global and 3one4 Capital invested a USD62m Series C for India-based neobanking platform Open. Temasek invested USD34.4m, Tiger Global contributed USD7.4m, while 3One4 and Google invested USD4.87m and USD14.7m, respectively. Read more… Read More
Capital Operation and Sunic Capital led a USD511m Series B for China-based silicon wafer manufacturer Zhongxin Jingyuan Semiconductor, with participation from SDIC Chuangyi, China SME Development Fund, Shanghai Guosheng Group, Hangzhou Qiantang Industrial Investment Fund, China Cinda Asset Management, Zhongjin Pucheng Investment, CCB International and BoCom International. Yangtze Optical Fibre… Read More
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