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Ant Financial picks Perfect Digital for investment

An affiliate of Ant Financial has taken a 30% stake in the campus information platform operator, a spinout of Newcapec Electronics, following a $36.5m investment.

Jan 11, 2019

Akulaku to accrue $100m in series D funding

Ant Financial is considering a commitment to a forthcoming round for instalment buying and lending platform Akulaku as a strategic investor.

Jan 11, 2019

Ola organises $74m from Steadview Capital

Existing backer Steadview Capital has provided another $74m for ride hailing platform Ola, whose shareholders also include Tencent, SoftBank and Didi Chuxing.

Jan 11, 2019

Corporates make Nreal series A investment

The augmented reality glasses provider has now raised $15m to date, following a series A round that included investments from Siasun and iQiyi.

Jan 11, 2019

1mg seeks $35m dose of funding

The Intel Capital-backed pharmaceutical e-commerce platform has begun raising a new funding round that would reportedly value the company at $200m.

Jan 11, 2019

NabVentures nets Ranjan as CEO

Nabard launched NabVentures last month and has hired former CapAleph Fund director Rajesh Ranjan as to run the unit as chief executive.

Jan 11, 2019

Midea initiates fund with $293m target

Appliance manufacturer Midea is targeting between $147m to $293m for the fund and has contributed $44m through its own investment arm.

Jan 10, 2019

Hill-Rom sees EarlySense in $39m round

Hill-Rom and Wells Fargo have co-led the medical monitoring device maker's latest round, taking its total funding to almost $140m.

Jan 10, 2019

Byton bids to raise $500m

Half a year after raising $500m in a TUS Holdings-backed series B round, the electric car developer is seeking another $500m before it floats.

Jan 9, 2019

Haoqipei hops to $60m series C

Access Industries and SIG participated in a series C round that came three months after the auto parts marketplace raised $20m in series B funding.

Jan 9, 2019
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