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Page 449

Go-Jek accepts $100m from Astra

Astra International has committed $100m in series F capital to Go-Jek as part of an agreement to integrate the corporate’s fleet management system into Go-Jek’s vehicles.

Mar 4, 2019

Grofers bags $60m

The funding was led by SoftBank Vision Fund, valuing Grofers at $425m, and provided as part of a larger round expected to close at between $120m and $140m.

Mar 4, 2019

Toshiba pushes $89m corporate venturing fund

The fund has been formed as part of a wider technology and research investment drive that will involve up to $8.3bn being spent in the next five years.

Mar 4, 2019

Xiaomi curates Zuiyou in $80m round

The electronics producer has led an $80m round for social content recommendation platform Zuiyou, whose shareholders also include SIG Asia.

Mar 4, 2019

Shuhe makes sure of $30m series B

Sina Corp has led a $30m series B round for media information and consumer credit provider Shuhe Technology and will collaborate with it on financial products.

Mar 4, 2019

Wu finds New Hope

Jenny Wu, a managing partner who helped set up Baidu Capital for internet group Baidu in 2016, departed at the end of 2018 to take up a chief investment officer role at New Hope Group.

Mar 4, 2019

Corporate venturing deal net: 25 February - 1 March 2019

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

Mar 1, 2019

Reliance fetches Reverie Language

A Reliance Industries subsidiary has agreed to buy the Qualcomm-backed multilingual technology developer in a cash deal worth $28.6m.

Mar 1, 2019

Recruit to enrol blockchain startups in $25m fund

RSP Blockchain Fund will make investments in startups raising financing through token issues rather than equity rounds, its first portfolio company being Beam Development.

Mar 1, 2019

Zomato to pick up $62m

Delivery Hero is leading a $62.2m investment in Zomato, an online food listings and ordering platform already backed by Ant Financial.

Mar 1, 2019
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