1. China’s Eminence closes USD Fund II at $120m to focus on enterprise software

2. Kuaishou reports a 37% jump in quarterly revenue

3. Tencent to Ramp Up Investment on Back of Strong Q1 Performance

4. Huobi suspends domestic bitcoin mining amid global sell-off, wider Beijing scrutiny

5. Tencent-backed Chinese jobs portal Boss Zhipin files for US listing

6. Fitness mobile app Keep Plans $500M U.S. IPO

7. Chinese trucking platform For-U nets $200m in Series E round ahead of US IPO

8. Xiaomi-backed Chinese tax platform Huisuanzhang bags $80m Series D

9. Pet food company 宠幸 Chongxing raised nearly 400 million RMB in Series B+

10. Real-time graph database and knowledge graph system Ultipa raised $21 million in Series A


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1. Indian VC firm Blume Ventures to launch fourth fund with target of $150m

2. VCs pump USD 7.8 billion into Indian startups in the first four months of 2021

3. SoftBank Vision Fund 2 invests $250 mln in Indian banking tech startup Zeta

4. India: Travel portal ixigo seeks to raise up to $240m via IPO route

5. Indus OS investors take on PhonePe in legal battle over $60m acquisition deal

6. Indian edtech firm upGrad acquires video-based learning platform Impartus in $21m deal

7. Indian edtech firm acquires video-based learning platform in $21m deal

8. Peer-to-peer vacation rental marketplace Gathern raises USD 6 million in Saudi Arabia’s largest Series A round for a woman-led firm

9. PH mobile healthcare startup zennya raises funding to expand footprint



1. Israel signs cloud services deal with Amazon, Google

2. Indonesia says building $1.2 bln battery plant with S.Korea’s LG



1. Germany gives greenlight to driverless vehicles on public roads

2. Amazon nears deal to buy MGM Studios for nearly $9 billion

3. Tesla faces $163M payout to drivers in Norway following court decision

4. Aurora Solar, a startup that uses aerial imagery to assess solar installation projects, lands $250M

5. Korean AI tutor Riiid raises $175 million from SoftBank, heads to public schools

6. Invoca acquires DialogTech for $100M to expand its conversational intelligence tools

7. British AI startup Faculty raises $42.5M growth round led by Apax Digital Fund

8. E-commerce startup Little Birdie lands $30M AUD pre-launch funding from Australia’s largest bank

9. SevenFifty Drinks Up $23M Series B For Online Alcohol Marketplaces

10. Zip, an online payments technology provider, buys BNPL companies Twisto and Spotti

11. raises $14M for its meeting transcription and automation service

12. Future Family raises $9M to make fertility treatments more accessible and expand its clinic network

13. Japanese HR tech startup Grooves secures $7.3m in latest fundraise


Image Credits: China Money Network

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