Chinaccelerator Daily Digest 05/31/2021

CHINA:

7. SuperGen Education Wraps Up Undisclosed Series A Funding Round

8. China’s medical equipment provider Jenscare secures funding co-led by GL Ventures

9. Unmanned retail company 无人新科技 Wurenxinkeji raised 5million RMB in angel round

10. Consumer brand 木喔woodwow closed angel round of 5 million RMB 

11. Audio community 汽水儿 Qushuier raised several million RMB in angel round

Check out our latest podcast about “Examining the Fundamentals of the Marketplace Business Model with James Tan, Managing Partner at Quest Ventures” here

Check out our latest blog post about “Top 5 Podcasts to Understand How VCs Make Decisions” here

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MOBILE-ONLY MARKETS:

1. India attracted USD 81.72 billion in FDI in FY 2021 driven by tech sector

2. Tata Digital acquires Indian e-grocer BigBasket to fuel super-app ambition

3. Facebook-backed Indian edtech firm Unacademy in talks to raise $400m in Temasek-led round

4. Indian logistics giant Delhivery raises $277 million ahead of IPO

5. Indian sports platform banks $50m from parent firm Dream Sports

6. Jai Kisan, a fintech startup aimed at rural India, raises $30 million

7. Robocash to raise US$5M from Kilde, aims to launch online bank in SEA

8. IFC mulls $16m investment in third fund of Indonesian early-stage investor AC Ventures

CROSS-BORDER:

1. Hong Kong VC to launch $3m foodtech accelerator with Europe’s Blue Horizon

OVERSEAS:

1. Health-tech company Doximity files for IPO and says doctors will get up to 15% allocation

2. Electric-vehicle firm Rivian could seek $70 bln valuation in IPO

3. Klarna, Sweden BNPL financing unicorn, eyes valuation over $40B with new funding

4. Wejo to go public, deal values auto data startup at $800 mln

5. Circle, a fintech company that provides infrastructure for business that want to use digital currencies, raises $440M

6. Brazilian proptech unicorn QuitoAndar lands $300M

7. Anthropic is the new AI research outfit from OpenAI’s Dario Amodei, and it has $124M to burn

8. Goldman Sachs leads $45M investment into auto fintech startup MotoRefi

Image Credits: ft.com