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Neat expands series A to $15m

MassMutual Ventures helped the multi-currency mobile wallet developer increase the round from $11m to $15m and its overall funding to $20m.

Aug 20, 2020

Reliance Industries swallows NetMeds

Reliance Industries has paid $82.6m for a majority stake in NetMeds, an online pharmacy that had raised $99m from backers including Daun Penh Cambodia Group and Sistema.

Aug 20, 2020

LP Pharma spins series C round

Sequoia Capital China led a $72.3m round for the drug developer, which counts Xiamen Air and Pien Tze Huang-among its early investors.

Aug 20, 2020

ZStack racks up series B-plus funding

DBappSecurity and existing investor Alibaba Cloud were among the participants in a $33.3m round that will fund product development for the cloud management software provider.

Aug 20, 2020

iKala cashes $17m series B

Gamania-backed cloud marketing technology provider iKala is looking to expand across Asia following a round led by Wistron Digital Technology.

Aug 20, 2020

Matrixtime turns to HYC for series A

Suzhou HYC Technology participated in a $15.9m round for the smart manufacturing technology provider, which counts Guolian Group and SBI as early backers.

Aug 20, 2020

Konka and Yancheng knock out industry fund

The consumer electronics producer will provide 40% of the capital for a fund partnership with the city of Yancheng sized at up to $1.45bn.

Aug 19, 2020

JD Health books $830m appointment with Hillhouse

Hillhouse Capital is set to supply more than $830m for JD.com's pharmaceutical and medical services spinoff, which raised about $1bn last year.

Aug 19, 2020

CapitaLand closes C31 Ventures

The real estate group terminated the activities of its corporate venture capital fund last year having backed six portfolio companies.

Aug 19, 2020

MDI Ventures impresses with $500m fund

Telkom Indonesia's latest fund will invest up to $30m in domestic digital technology developers that will be able to connect to other state-owned corporations.

Aug 18, 2020
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