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Page 386

Snapdeal speaks to SoftBank over $100m round

SoftBank could invest $50m to $60m in e-commerce marketplace Snapdeal to lead a round that could possibly stretch to $100m.

Aug 20, 2019

Tencent sends Xiaobangguihua to series B stage

Tencent has led a $28.4m round for financial planning advice provider Xiaobangguihua that included existing investor Reinsurance Group of America.

Aug 20, 2019

TSE gives Giftee IPO permission

The digital gifting platform, which counts KDDI as its largest investor, expects to raise approximately $51.7m when it floats in Tokyo.

Aug 20, 2019

Allianz homes in on 99.co for series B

Online real estate platform 99.co raised $15.2m in a round that was co-led by Allianz X at a $75m post-money valuation, and plans to now expand in Southeast Asia.

Aug 20, 2019

ByteDance takes a ride on Baike

ByteDance has paid an undisclosed amount for a 22.2% stake in the social referencing portal, in a bid to further take on rival Baidu.

Aug 20, 2019

Mena Mobile makes $10m in series B round

Group 42 supplied $10m for the online services provider, whose existing investors include iDreamsky, Bertelsmann Asia Investments and Legend Star.

Aug 20, 2019

XpectVision meets series B expectations

CAS-backed X-ray technology developer XpectVision Technology has added $14.2m to its coffers to drive the development of its mammography device.

Aug 20, 2019

Marico bulks up Revofit investment

Marico will acquire an additional 14.5% of fitness and wellness app developer Revofit over the next year having initially invested in 2018.

Aug 19, 2019

Lixiang rolls to $530m

Bytedance invested $30m in a series C round closed by the smart EV developer formerly known as CHJ Automotive, at a $2.9bn valuation.

Aug 19, 2019

Naspers to gamble on $100m Dream11 investment

Naspers is exploring a $100m secondary investment in the fantasy sports platform, though corporate backer Tencent does not appear to be among the likely sellers.

Aug 19, 2019
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