India-based business messaging platform Gupshup raised a USD340m Series F (including USD100m announced in April) from Fidelity Management, Tiger Global, Think Investments, Malabar Investments, Harbor Spring Capital, Neuberger Berman and White Oak. Read more… Read More
GLP reached a CNY4.5b (USD700m) final close for GLP China Income Fund III. The fund’s portfolio includes 11 stabilized industrial and logistics park assets catering to growing high-tech and innovation based manufacturing industries aligned with China’s economic growth initiatives. Read more… Read More
Temasek and Moore Strategic Ventures led a USD145m Series F for ShareChat, an India-based social media platform that includes the Moj app, at a reported USD3b valuation. Mirae-Naver Asia Growth Fund participated in the round. Read more… Read More
CCB International, the venture unit of China Construction Bank, led a CNY750m (USD116m) Series C for China-based DNA sequencing company Geneplus Technology, with participation from Fortune Capital, GGV Capital, Suzhou Harvest Capital, Baidu Ventures, Alibaba’s AliHealth and JM Capital. Read more… Read More
Sequoia Capital China led a USD150m Series E for China-based artificial intelligence operations (AIOps) provider CloudWise, with participation from FutureX Capital, SIG China, CPE, ASG and CRC Capital. Read more… Read More
Hong Kong-based cryptocurrency exchange FTX raised a USD900m Series B at a reported USD18b valuation from a large group of investors including Thoma Bravo, Bond, Altimeter, Paradigm, Sequoia Capital, Ribbit Capital, Insight Partners, Lightspeed Venture Partners, NEA, Coinbase Ventures, Sino Global Capital, Multicoin and SoftBank. Read more… Read More
Tribe Capital, IFC Emerging Asia Fund and VEF led a USD67m Series E for India-based trucking platform Blackbuck, with follow-on from Wellington Management, Sands Capital and IFC, at a reported USD1.02b valuation. Read more… Read More
INCE Capital reached a USD450m first close for INCE Capital Fund II. The vehicle targets early-stage investments in Chinese consumer technology and internet companies. Read more… Read More
Prosus Ventures and East Ventures Growth Fund led a USD35m Series A for Aruna, an Indonesia-based integrated fishery platform, with participation from SIG and follow-on from AC Ventures, MDI and Vertex Ventures. Read more… Read More
Asia Partners and Falcon Edge Capital led a USD100m+ Series B for Indonesia-based B2B marketplace GudangAda, with participation from Sequoia Capital India, Alpha JWC and Wavemaker Partners. Read more… Read More
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