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Page 349

Corporates corral Vertex fund to $730m

Japanese investors including Marubeni, SMBC and ABeam Consulting have collectively provided $180m for Vertex Master Fund II, which has a $770m target.

Dec 6, 2019

CarDekho collects $70m

The automotive e-commerce and services portal was reportedly valued at $700m in a series D round led by Ping An Global Voyager Fund's first Indian deal.

Dec 5, 2019

Shadowfax cracks $60m series D

Qualcomm Ventures contributed to a $60m round for last-mile delivery service Shadowfax that was led by Flipkart at a $250m valuation.

Dec 5, 2019

Aibee accesses Chow Tai Fook to raise $74m

The AI technology developer has now secured about $175m in total, and has added Chow Tai Fook to corporate backers including Lenovo, K11 and Red Star Macalline.

Dec 5, 2019

Daily deal net: December 4, 2019

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

Dec 4, 2019

Gong.io gets investors talking to raise $65m

Cisco Investments returned to reinvest in the sales analysis platform developer in a round that almost doubled its overall funding.

Dec 4, 2019

Procter and Gamble produces India fund

The Indian subsidiary of the consumer goods conglomerate has set up a $27.9m vehicle to invest in sustainable technology developers.

Dec 4, 2019

DIP enlists startups for 11th AI.Accelerator

Half a dozen startups will make up the 11th batch of staffing services firm DIP's 12-week AI.Accelerator initiative.

Dec 4, 2019

Kuaishou to close $3bn series F round

The short-form video platform is raising $3bn in a round set to include $2bn from Tencent, which will boost its stake to nearly 20%.

Dec 3, 2019

FinAccel finishes series C with $90m

The e-commerce credit provider closed a $90m round co-led by the Naver-backed Asia Growth Fund that included Telkomsel Indonesia and Singtel, at a $500m valuation.

Dec 3, 2019
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