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Page 312

Itochu increases Paidy series C to $191m

Itochu added $48m to a debt and equity round already featuring PayPal and Visa and has now provided a total of $91m for the consumer finance provider.

Apr 14, 2020

Marubi meets Jinding Capital for $142m fund

Cosmetics brand Marubi is partnering Jinding on a fund that will invest in beauty brands and supply chain-focused companies.

Apr 14, 2020

Insight Lifetech inhales series B-plus funding

The SiBionics-backed heart disease device developer secured $28.4m in a round led by SDIC Gaoxin Industrial Investment.

Apr 14, 2020

Ninja Van collects $124m

Grab, Intouch Holdings, Carmenta and GeoPost all contributed to a series D round raised at a $590m valuation over the past year, alongside $89m in convertible debt financing.

Apr 14, 2020

Qiming collects Princeton for $1.1bn fund

Princeton University is a long-standing partner of Qiming Venture Partners, having invested in the latter's inaugural fund back in 2006.

Apr 14, 2020

ProLogium produces $100m series D

Carmaker FAW Group joined Bank of China subsidiary BOCG Investment to provide $100m for lithium ceramic battery provider ProLogium.

Apr 14, 2020

Alibaba puts $50m into BigBasket

The e-commerce firm is reportedly investing in online grocery service BigBasket as part of a $60m round at a valuation of up to $1.3bn.

Apr 14, 2020

Porter picks up series D funding

On-demand delivery services marketplace Porter has attracted $18.2m from Lightstone Global Fund, coming after Mahindra & Mahindra invested $10m two years ago.

Apr 13, 2020

Vedantu passes series C1 test

Legend Holdings contributed to a $12.6m round that boosted the total raised by the TAL Education-backed online tutoring provider to more than $83m.

Apr 10, 2020

Nykaa nicks funding from Steadview Capital

The TVS and Max Group-backed cosmetics e-commerce platform has received $13.3m from Steadview despite shutting down during the coronavirus pandemic.

Apr 10, 2020
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