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Page 431

Nykaa sits pretty with $14m

The Max Group and TVS-backed beauty product retail platform has reportedly increased its valuation to $724m in an investment by TPG Growth.

Apr 9, 2019

TAL Education reveals Vedantu investment

Online tutoring service Vedantu received $5m from TAL Education as part of an $11m series B round in November, the corporate has disclosed.

Apr 8, 2019

Grab grasps for $6.5bn in latest round

The Southeast Asian ride hailing service aims to add $2bn to a $4.5bn round that includes SoftBank Vision Fund, Toyota, Hyundai, Ping An and Microsoft.

Apr 8, 2019

Reliance Jio picks up Haptik

The Reliance Industries subsidiary has paid about $34m to buy out the conversational AI company's investors, including BCC, and will invest the rest in the business.

Apr 8, 2019

Corporate investors get off Hellobike

WM Motor, Fosun and Bertelsmann Asia Investments have reportedly exited app-based bicycle rental platform Hellobike as it gears up to raise money.

Apr 8, 2019

Mitsubishi UFJ mints $180m fund

Mitsubishi UFJ Financial Group's MUFG Innovation Partners unit will target Japanese and Southeast Asian fintech startups, and its first portfolio company is Moneytree.

Apr 8, 2019

Corporates star in Chordia’s $27m series B

SMBC, Shinsei Bank, Mitsubishi UFJ and Kyoto Chuo Shinkin all backed cancer therapy developer Chordia Therapeutics’ latest round, which follows a Takeda-backed series A.

Apr 8, 2019

FT to fit in DealStreetAsia acquisition

Hindustan Times and Singapore Press Holdings could both exit the business media platform in a purchase by Financial Times expected to close this month.

Apr 8, 2019

Corporate venturing deal net: 1-5 April 2019

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

Apr 5, 2019

Aqua Security acquires $62m in funding

The cloud application security technology provider has now raised more than $100m altogether, having secured cash in an M12-backed series C round.

Apr 5, 2019
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