NewsCHINA BRIEF | Cosmetics unicorn Perfect Diary raises USD 100 millionThe company was the top-selling cosmetics brand on Tmall in 2019. 1 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
The deal makes Yuanfudao the top Chinese online education startup by valuation. NewsYuanfudao bags USD 1 billion in largest-ever edtech fundraising deal in China2 mins read
Via’s latest round was led by Exor, the holding company of Italy’s Agnelli family. NewsDespite COVID-19, ride-sharing aggregator Via raises at USD 2.3 billion valuation2 mins read
Lalamove became a unicorn firm in 2019 after its USD 300 million Series D round. NewsCHINA BRIEF | On-demand trucking service provider Lalamove invests in Southeast Asia-based logistics firm Inteluck1 min read
The firm invests in companies covering life sciences, technology, media, telecommunications, as well as consumer and financial services. NewsVickers Venture Partners secures USD 200 million for sixth fund1 min read
The firm provides services to companies such as Tencent, Zhihu, and BYD. NewsCHINA BRIEF | Softbank-backed travel and expense reimbursement SaaS provider Huilianyi closes USD 42 million Series C+ round1 min read
These five families are actively sculpting the country’s startup scene. InsightsOld money is sloshing through Indonesia’s tech industry10 mins read