Business
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Chinese B2B e-commerce platform Huimin to acquire Sequoia-backed Beequick
Huimin, a Beijing-based neighbourhood store startup has yesterday acquired Sequoia-backed Beequick, an online to offline delivery service. Financial details of the agreement were not disclosed.
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Agribuddy raises US$730k to help rural farmers in emerging countries
Agribuddy provides a smartphones application to support rural farmers, providing them a free web service which credit sales of agricultural material and more.
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Diyi Chedai secures US$20 million Series B+ round from Tianma Bearing
Zhejiang-based Tianma Bearing Group Co., Ltd. and Southeast University Education Foundation have jointly invested RMB140 million (about US$20.35 million) in Diyi Chedai, a Shanghai-based auto lending start-up. with Phoneix Tree Capital as its exclusive financial…
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Food Union group secures US$225 million investment from PAG and Meridian Capital to fund expansion project in China
Food Union Group, an international group of dairy and ice cream producing companies has received a combined US$225 million investment from PAG, one of Asia’s largest private equity firms, and existing investor Meridian Capital.
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Online counselling startup InnerHour raises US$450K from VentureWorks and more
InnerHour, an online psychological wellness platform, has raised US$450K in its first round of funding from financial advisory firm Batlivala & Karani Securities, investment firm Venture Works and others.
