Tiger Global leads $200m funding in Indian B2B e-commerce platform OfBusiness
The funding pegged the valuation of the company at $3 billion.
Editor’s take: The week that was — Sept 20-25
The week unfolded some significant developments in terms of fundraising and deal activity.
Tencent continues India investments despite FDI curbs on Chinese money
Tencent has so far pumped in nearly $700 million via debt and equity in Indian companies this year.
India: Used car marketplace Cars24 raises $450m at $1.84b valuation
The Series F equity round was led by DST Global, Falcon Edge and SoftBank Vision Fund 2.
SoftBank Vision Fund 2 leads $177m Series C round in Sendcloud
This round also saw the participation of L Catterton and HPE Growth.
Tiger Global, SoftBank invest in Chinese e-invoicing firm HOSE EKUAIBAO’s $154m Series D
The company has so far raised over $231 million.
Chinese AI drug discovery startup XtaIPi secures $400m co-led by OrbiMed, HOPU
XtalPi had secured $319 million in a Series C round in September last year.
SoftBank Vision Fund 2 co-leads $1.5b funding in Turkish e-commerce firm Trendyol
The round brings the valuation of Alibaba-backed Trendyol to $16.5 billion.
India: Mindtickle turns unicorn with $100m funding led by SoftBank
This marks the Series E round for the company.
US alt protein maker Nature’s Fynd to open first Asia facility in Singapore by 2023
Singapore's EDBI had invested in Nature’s Fynd earlier this month.