NewsCHINA BRIEF | SAIF-backed chatbot maker Xiaoneng closes USD 17.6 million Series CChina’s chatbot industry is estimated to be worth USD 2.1 billion. 1 min read
The board of online classifieds marketplace 58.com plans to evaluate the proposed transaction. NewsCHINA BRIEF | 58.com receives buyout proposal from private equity firm Ocean Link1 min read
The company wants to shake up ‘s wealth management sector with innovative investment offerings. NewsVietnam fintech startup Finhay raises funding from Acorns co-founder, others2 mins read
The Special Situations Fund will be a sub-fund for its TNB Aura Fund II. NewsTNB Aura to invest USD 2 million in each startup hit by COVID-19 crisis2 mins read
The robotics firm will use the new funds for product development, supply chain establishment, and commercialization. NewsCHINA BRIEF | Beijing-based ForwardX Robotics secures RMB 100 million in Series B+ round1 min read
Sng established the private investment platform that is financing growth and pre-IPO stage companies and funds. Q&AFundnel’s Khai Lin Sng on making hard calls in the tech industry: Profiles in Tech4 mins read
The company was the top-selling cosmetics brand on Tmall in 2019. NewsCHINA BRIEF | Cosmetics unicorn Perfect Diary raises USD 100 million1 min read
The number of transactions also came down to 126 in the March quarter from 196 deals in Q1 last year. NewsVC funding in Indian startups fell by 22% in Q1 20203 mins read
The company is working on an education service and enterprise search engine based on natural language processing. NewsJapanese AI startup Cogent Labs nets USD 13 million to expand in Asia2 mins read
