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Page 642

Ola looks to raise $100m more

The Indian ride hailing service, which closed a $330m SoftBank-backed round in February, has had a $100m convertible securities issue approved by its board of directors.

Apr 24, 2017

SenseTime clocks in with $60m

Sailing Capital International led the facial recognition technology provider's latest funding, which follows a $120m Dalian Wanda-backed round in December.

Apr 21, 2017

Vanke homes in on Lianjia in $436m deal

Online and offline real estate agent Lianjia has now raised near to $1.8bn in the past year, with property developer and strategic partner China Vanke its latest investor.

Apr 21, 2017

CanSino raises $65m from high rollers

Existing investor Lilly Asia Ventures returned to take part in a round that will support the late stage development and commercialisation of four vaccine candidates.

Apr 20, 2017

Qiang Sen quickens pace to series B

Qiang Sen has welcomed back series A investor Legend Capital for a $14.5m round that will fund the expansion of its chain of community healthcare clinics.

Apr 19, 2017

Corporates monitor PocTech for $14.5m round

Tonghua Dongbao Pharmaceutical and Legend Holdings are among the investors in a series B round for wearable medical device maker Zhejiang PocTech Medical.

Apr 19, 2017

Grofers and BigBasket enter merger talks

SoftBank, already an investor in Grofers, would look to invest in a round of up to $100m for the merged company, should the Indian online grocery retailers come to an agreement.

Apr 19, 2017

Zhuan Zhuan to spin out with $200m from Tencent

Tencent has agreed to invest $200m in the mobile used goods marketplace, which is being spun out by another of its portfolio companies, classified listings platform 58.com.

Apr 19, 2017
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