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Page 448

Big Deal: Vision Fund makes billion-dollar Grab

SoftBank Vision Fund invested $1.46bn to take Grab's series H round, already backed by Toyota, Hyundai, Kia, Booking Holdings, Central Group, Yamaha, Ping An, Microsoft, Tokyo Century and KBank, to $4.5bn.

Mar 6, 2019

Delhivery carries off $395m in series F round

SoftBank Vision Fund invested $350m in Delhivery at a $1.6bn valuation as part of a $395m round, and it now owns a 23.4% stake in the logistics services provider.

Mar 6, 2019

Dream11 to realise another $100m funding dream

The Tencent-backed fantasy sports platform will reportedly be valued at between $1.3bn and $1.5bn following the rumoured $100m investment from Steadview Capital.

Mar 6, 2019

Air Asia readies Redbeat Capital to invest

Air carrier Air Asia is targeting a $60m close for the corporate venturing fund, which has emerged from its Redbeat Ventures subsidiary.

Mar 6, 2019

Corporate-backed Qlapa closes shop

The online marketplace for handmade goods, which reportedly counts KapanLagi Networks as an investor, has shut its business.

Mar 6, 2019

YY captures Bigo for $1.45bn

Bigo, a social video livestreaming platform, has been acquired by its existing shareholder YY for more than $1.45bn in a deal that also provided exits for Ping An and Bertelsmann.

Mar 5, 2019

58.com gets $713m return from Chehaoduo ride

The corporate has sold part of its stake in online car trading platform Chehaoduo for more than $713m to an unnamed third-party investor likely to be SoftBank Vision Fund.

Mar 5, 2019

HaloDoc prescribes $65m series B round

Singtel Group and WuXi Apptec both contributed to a UOB-led round that increased the online healthcare platform's overall funding to $78m.

Mar 5, 2019

Zomato gets $50m boost from Delivery Hero

Delivery Hero has confirmed a $50m investment in the food listings and ordering platform as part of a $105m second tranche of a round that now totals $315m.

Mar 5, 2019

Ayana gets $330m recharge

The renewable energy project developer raised the cash in a round led by Eversource Capital, which is 50% owned by power producer Lightsource BP.

Mar 5, 2019
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