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  • Diyi Chedai secures US$20 million Series B+ round from Tianma Bearing

    Diyi Chedai secures US$20 million Series B+ round from Tianma Bearing

    vivian
    February 8, 2017

    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…

  • Food Union group secures US$225 million investment from PAG and Meridian Capital to fund expansion project in China

    Food Union group secures US$225 million investment from PAG and Meridian Capital to fund expansion project in China

    vivian
    February 8, 2017

    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.

  • Online counselling startup InnerHour raises US$450K from VentureWorks and more

    Online counselling startup InnerHour raises US$450K from VentureWorks and more

    vivian
    February 8, 2017

    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.

  • Japanese therapeutic application CureApp secures US$3.38 million from SBI, Keio and Beyond Next

    Japanese therapeutic application CureApp secures US$3.38 million from SBI, Keio and Beyond Next

    vivian
    February 7, 2017

    Cure App, a mobile solution to lifestyle-related diseases has managed to raised 380 million yen (about US$3.38 million) from Beyond Next, Keio Innovation Initiative, and SBI Investment. With the latest capitals, Cure App will strengthen…

  • Standard Chartered Private Equity acquires Chinese beauty center operator Siyanli

    Standard Chartered Private Equity acquires Chinese beauty center operator Siyanli

    vivian
    February 7, 2017

    Standard Charted Private Equity (SCPE) has acquired a majority stake in Siyanli, a Chinese beauty center operator. Post-acquisition, Zhu Wei will take the role of chairman at Siyanli.

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