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Chinese VC firm Legend Capital secures US$243 million for seventh venture fund
Chinese venture capital firm Legend Capital has raised a US$243 million funding for its seventh vehicle which targets to close at US$374 million.
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Razer acquires Nextbit, the maker of cloud-based smartphone Robin
Nextbit, the startup responsible for cloud-based smartphone Robin has become part of the Razer Family. However, Nextbit will remain as a standalone business, continuing to support the Robin smartphone while enhancing the Android ecosystem.
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Chinese Tianmei Beverage Group to IPO on Australian Securities Exchange by February 2017
China’s Tianmei Beverage Group is seeking for an IPO on the Australian Securities Exchange (ASX) board with the aim of raising between A$8 to A$10 million.
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Automated lead generation startup Clodura raises angel investment from former Infosys executive
Former Infosys executive, Ajay Dubey invests in Pune-based B2B sales assistant Clodura.
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Vietnamese buyout firm PHI Group to acquire majority stake in agribusiness HMC
PHI Group, a U.S.-based private equity investment firm has recently acquired the majority stake in Vietnamese agricultural company HMC which specialises in the cultivation and processing of turmeric.