China’s Abogen Biosciences raises $92m in Series B round
PICC Capital, SDIC Venture Capital Management and YF Capital co-led the round.
IFC proposes to extend $100m loan to ChrysCapital-backed Hero FinCorp
The investment will be in the form of a senior loan.
SE Asia Deal Review: Startup funding leaps 382% to $781m in March, thanks to two big-ticket deals
PatSnap and SiCepat together accounted for 60% of the disclosed fundraisings.
Singapore accounted for nearly half of all active accelerator programmes in SE Asia last year
Singapore accounted for 28 of the 62 accelerator programmes last year.
Baidu defeats US shareholder lawsuit over internet law compliance in China
The lawsuit was filed in April last year.
Tiger stalks India’s startup street again, leaves a trail of unicorns
Tiger Global, which entered the Indian market back in 2005, has invested in 21 unicorns.
Indian startups to ramp up hiring in key tech and leadership roles
Sectors that are expected to see traction are edtech, e-commerce, SaaS and fintech.
India: Choice Equity Broking in pact to buy 100% stake in Escorts Securities
Escorts held 40.44% stake in the brokerage subsidiary.