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Israel’s Yozma Group to invest US$ 41.4 million in Korean biotech startups
Israel’s leading venture capital firm Yozma Group is entering the global markets, investing US$41.4 million in Korean startups through a fund named “Yozma Group – Daesung Private Equity Inc” which is slated to begin in…
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Carousell buys Duriana to consolidate position as largest mobile classified marketplace in APAC
Singapore-based online classified service Carousell announced on Thursday that it was acquiring Malaysian-based mobile classified startup, Duriana, in order to position itself as a major mobile classifieds player in the market.
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Chinese online gaming firm G-bits Network Technology raises US$138 million in IPO
Backed by IDG Capital, Fortune Capital and the direct investment arm of Ping An Insurance, Chinese online gaming firm G-bits Network Technology has completed its IPO on the Shanghai Stock Exchange, raising an amount of…
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TempoGo raises US$825k in seed funding round led by K2 Capital
TempoGO, an Internet of Things (IoT) and SaaS solutions provider for commercial transportation has secured a Rs 5.6 crore (about US$825k) seed investment round led by Hong Kong-based K2 Capital.
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Warburg-backed e-Shang Redwood closes US$300 million investment in run up to IPO
E-Shang Redwood (ESR) has closed a US$300 million round of investment led by a consortium of China mainland investors. The Asian logistics developer also prepares for a potential 2017 initial public offering.
