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Corporate venturing deal net: 14-18 January 2019

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

Jan 18, 2019

Maoyan to make for $344m in IPO

The Meituan Dianping spinoff, which is also backed by Enlight Media and Tencent, has set the range for its Hong Kong initial public offering.

Jan 18, 2019

FirstCry looks to grow up with $400m

SoftBank is exploring a $400m direct investment in Brainbees Solutions, the owner of childcare product retailer FirstCry, to take a 42% stake in the business.

Jan 18, 2019

Go-Jek mints $72m Coins.ph investment

Go-Jek has invested a reported $72m in Naspers-backed fintech developer Coins.ph, acquiring a majority stake in the process.

Jan 18, 2019

Trusfort triggers series C round

SIG China participated in a $44.4m round that Trusfort will use to develop its mobile identity authentication portfolio and expand its business overseas.

Jan 18, 2019

Lee lands CFO role at SoftBank Ventures Asia

The former Morgan Stanley executive will help manage funds and limited partners on behalf of SoftBank Ventures Asia's as its new chief financial officer.

Jan 18, 2019

Dada dedicates itself to $255m series D

TAL Education has returned to invest in a $255m series D round for Dada, the online tutoring platform formerly known as DadaABC.

Jan 17, 2019

Fractal Analytics sizes up $200m in funding

Aimia-backed Fractal Analytics has added funds advised by Apax Partners to its shareholders following a $200m transaction involving a primary investment and secondary sale.

Jan 17, 2019

Ola bonds with Bansal to get $21m

Flipkart founder Sachin Bansal has invested $21m in the on-demand ride service, which already counts Tencent, SoftBank and Didi Chuxing as backers.

Jan 17, 2019

American Express swipes Pocket Concierge

Adways, Allied Architects, Isetan Mitsukoshi, Line and Fuji TV scored exits after Pocket Menu, the owner of restaurant reservation app Pocket Concierge, was acquired by American Express.

Jan 17, 2019
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