Startup
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Travel site Ixigo secures US$15 million funding round participated by Fosun, Sequoia Capital
This deal marks the Chinese investment conglomerate, Fosun’s first venture transaction in India, a year after it has set up a local team in India.
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Japanese Enechange raises US$4.4 million from Opt Ventures, IMJ for marketing and overseas projects
Japan’s Enechange, a startup that challenges power liberalisation businesses raises 500 million yen (about US$4.4 million) to strengthen marketing and overseas business development.
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Japanese video production startup Viibar secures US$3.5 million strategic investment from Nikkei
Japanese video production startup Viibar on January 17 has secured US$3.5 million strategic investment from Nikkei. The two will enter a partnership to launch N Brand Studio and Nikkei Style.
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Chinese online education startup XueBaJun secures US$100 million Series C co-led by China Merchants Capital and EasyCapital
Chinese online education startup XueBaJun announced that it has secured a US$100 million Series C round. The education startup independently developed robot is also going to participate in the 2017 college entrance examination.
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Apollo LogiSolutions to raise US$100 to US$120 million funding in two months
Logistics provider ApolloLogi Solutions is close to raising US$100 to US$120 million with one of it backers Edelweiss to become the company’s advisor to help rope in strategic and financial investors.
