Indian real estate firm Lodha Developers prepares to launch $340m IPO in April
The company hasn’t raised any pre-IPO funding.
India: Children’s platform Uable raises $3.5m led by Jafco Asia, Chiratae Ventures
Since 2020, Uable has raised a total of $4.5 million.
China Digest: Xie Zhu bags $46m; Biren closes Series B round
Source Code Capital, China Merchants Capital, and CITIC Securities, were among the investors in Biren.
Chinese early-stage VC Qingsong Fund closes its fourth RMB fund at $152m
Qingsong will continue to focus on early- and growth-stage investments.
Indian healthtech startup HealthPlix raises $13.5m led by Lightspeed
Existing investors JSW Ventures, Kalaari, and Chiratae also invested in the round.
Alibaba, DST lead $750m investment in Chinese grocery app Nice Tuan
D.E. Shaw & Co., Anatole Investment, and Jeneration Capital also invested.
Vietnam sees growing tribe of founders hopping onto VC bandwagon
Do Ventures, BK Fund, among others, are doubling down on investments in Vietnamese startups.
S Korea’s SK Group mulls investment in Vietnam’s Pharmacity
SK Group’s portfolio companies in Vietnam include Vingroup and Masan Group.