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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.
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Japanese therapeutic application CureApp secures US$3.38 million from SBI, Keio and Beyond Next
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…
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Standard Chartered Private Equity acquires Chinese beauty center operator Siyanli
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.