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Alibaba suspends India dealflow

Alibaba has reportedly put a temporary halt to deals in India to focus while it waits to achieve its first exit in the country.

Sep 2, 2019

Dream11 to draw up terms for $500m

SoftBank Vision Fund, Naspers Ventures and potentially Tencent are in line to invest in fantasy sports platform Dream11 at a valuation of up to $2.5bn.

Sep 2, 2019

DG Daiwa digs up $188m fund

Digital Garage and Daiwa Securities are the general partners for DG Lab Fund II, which recently achieved a first close on its way to a $188m target.

Sep 2, 2019

Recruit makes Plum investment in $20m round

The corporate contributed to a series B-plus round for second-hand goods trading platform Plum that will fund marketing and the bolstering of its services.

Sep 2, 2019

Xigua Chuangke sticks $21m series B round

The online coding course company banked $21m in a round led by New Oriental Group that included Oceanwide Holdings and Baicizhan.

Sep 2, 2019

FreshToHome reaps $20m

Al Nassar-backed farm-to-plate food provider FreshToHome took its total funding to $33m with a series B round led by Iron Pillar.

Sep 2, 2019

Nuanwa nabs $14m

The insurance analytics platform, incubated by insurer ZhongAn, has raised cash from Sequoia Capital China and Kuanping Capital.

Aug 30, 2019

Tencent rescinds $150m invitation from VIPKid

Existing backer Tencent has reportedly pulled out of a $150m contribution to a round that would have valued the online teaching service at $4.5bn, due to regulatory concerns.

Aug 30, 2019

Agarwal calls time on Fosun RZ gig

Vipin Agarwal, formerly senior director for India at Fosun RZ Capital, has stepped down after 20 months in which he managed 11 investments and exits.

Aug 30, 2019

Huimei Technology hooks WuXi AppTec to raise $30m

WuXi AppTec took part in a $30m series C round for care provision software producer Huimei Technology that included the latter's parent company, Huimei Healthcare.

Aug 30, 2019
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