China-based chipmakers Chipone Technology and Vastai Technologies raised a total of over $1.2bn while Reddit has confidentially filed to go public.

Funding

Chipone Technology, a China-headquartered manufacturer of chips for electronic display panels, has raised in excess of RMB6.5bn ($1bn) in series E financing from investors including smartphone producer Vivo at a valuation of over $4.7bn, DealStreetAsia has reported. Oceanpine Capital led the round, which also featured Unic Capital Management, CCB Private Equity Investment Management, GGV Capital, Prosperity Investment, Citic Private Equity, Beijing Singularity Power Investment Management and Silk Road Huachuang Investment Management.

India-based automotive e-commerce marketplace Cars24 has secured $300m…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.
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