AliExpress Russia eyes possible IPO, reports $3b in transaction volumes
AliExpress Russia, a JV between Alibaba and Russian partners, operates domestic and cross-border sales.
Prosus to sell 2% stake in Chinese internet giant Tencent
The stake is worth about $15 billion at current prices.
Chiratae, Beenext lead funding in Shopse and 12 more India deal updates
The India deal monitor table captures major VC deals from April 5-7, 2021.
Australia’s Canva valued at $15b after $71m funding round
The investment has brought the total capital raised by Canva to almost $390 million.
India: NCLT initiates insolvency proceedings against Oyo subsidiary
The court ordered the insolvency proceedings on 30 March, with OYO given time until 15 April to submit its claims.
Sequoia backs Connect Medical Value and 10 more deal updates from Greater China
DealStreetAsia has put together a table listing out major VC deals in Greater China on April 07, 2021.
SG-based gaming-focused Play Ventures raises $135m for second fund
Its debut fund closed in 2019 at $40 million.
India: Trifecta launches $200m equity fund to invest in late-stage startups
The firm has through its two venture debt funds invested more than Rs1,800 crore in over 70 companies.