Chinese fitness tech startup FITURE closes $300m in its biggest funding round
The Series B round was co-led by All-Stars Investment, Legend Capital, DST Global, and Coatue.
Chinese online grocer Dingdong Maicai nets $700m funding co-led by DST
Other investors include Sequoia China, Tiger Global and General Atlantic.
India: CRED joins unicorn club with $215m funding at $2.2b valuation
The round was led by new investor Falcon Edge Capital and existing investor Coatue Management LLP.
Alibaba, DST lead $750m investment in Chinese grocery app Nice Tuan
D.E. Shaw & Co., Anatole Investment, and Jeneration Capital also invested.
India Deal Review: Startups raise $1b across 89 deals in January
In terms of deal value, there was a 31% drop this year when compared to January 2020.
India Digest: Dot eyes funding from PayU; Mfine in process to raise $34m
Dot is also in talks with DST Global to raise another $25 million.
India: CRED completes $1.2m worth ESOP buyback as part of $81m fundraise
This is the first ESOP liquidity programme initiated by CRED, just two years into its operations.
India Deal Review: Startup funding jumps 79% to $1.3b in November
In terms of volume, as many as 105 transactions were clocked last month.
Editor’s take: The week that was — Nov 23-27
In this edition, we present the highlights of the recently concluded Asia PE-VC Summit 2020.
India: Cars24 turns unicorn with $200m funding led by DST Global
The capital will be used to bolster Cars24's new lines of business such as pre-owned two-wheelers, customer financing and servicing.