British International Investment and Singapore-based wealth management platform Endowus have made top-deck appointments in the Asian region. BII names head of India British International Investment (BII), a UK development finance institution formerly known as CDC Group, has appointed Manav Bansal as its new head of India and managing director, effective July 1, 2022. Bansal will… Continue reading People Digest: BII names India head; Endowus appoints Hong Kong lead
Category: Tech News
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Jackery Solar Generator 2000 Pro review: letting flex-workers flex
There are times in life when you have a hole so big only a big-ass battery can fill it. And sometimes, but not often, you need a portable battery that can capture all the power created by six 200W solar panels at once, in a bid to transform the sun into 1200W of useable energy… Continue reading Jackery Solar Generator 2000 Pro review: letting flex-workers flex
Agorus Closes $6.5M Seed Financing Round
Agorus, a San Diego, CA-based construction technology company, raised $6.5M in Seed funding. The round was led by Blackhorn Ventures with participation from Toyota Ventures, Point72 Ventures, Signia Ventures, DivcoWest Ventures and Kennedy Wilson. The company intends to use the funds to accelerate growth and expand operations. Led by CEO Garrett Moore, Agorus leverages advanced… Continue reading Agorus Closes $6.5M Seed Financing Round
India: Ankur Capital prepares to launch third fund of up to $150mIts first and second funds were of $8m and $52m in size, respectively.
Early-stage investor Ankur Capital, which focuses on businesses that use technology, is preparing to launch its third fund with a target size in the range of $125-150 million to invest in up to 25 startups, a spokesperson confirmed on Tuesday. Ankur Capital’s existing investors, which include CDC Group, Dutch Good Growth Fund, BIRAC, MacArthur Foundation,… Continue reading India: Ankur Capital prepares to launch third fund of up to $150mIts first and second funds were of $8m and $52m in size, respectively.
Tencent-backed WeDoctor raises $150m from state investor after setbacks in IPO plan
WeDoctor, one of China’s leading online healthcare platforms, has secured over 1 billion yuan (almost $150 million) from an undisclosed state-owned industry investment fund in eastern China’s Shandong Province following setbacks in its attempts to raise capital through a public share sale. The Tencent-backed startup collected the fresh funds from the state investor as Chinese… Continue reading Tencent-backed WeDoctor raises $150m from state investor after setbacks in IPO plan
Founder of auto giant Geely buys Meizu as smartphone demand weakens
Remember Meizu, the once-promising competitor to Xiaomi? The Alibaba-backed Chinese smartphone maker is making a comeback — in a way — as it gets acquired by the founder of Geely, China’s largest private automaker and Volvo’s parent comapny. China’s smartphone industry is notoriously competitive. Founded in 2003, Meizu has been making affordable, trendy Android-based smartphones… Continue reading Founder of auto giant Geely buys Meizu as smartphone demand weakens
People Digest: Timothy Zee moves on from PAG; Lendor ropes in COOZee has left the private equity firm after a 10-year stint.
Singapore-based managing director with PAG Timothy Zee has left the private equity firm after a 10-year stint. Meanwhile, Lendor, a Singapore-based circular tech startup, has roped in Jo Olivia Lee as its chief operating officer. Singapore-based Timothy Zee leaves PAG Singapore-based managing director with PAG Timothy Zee has left the private equity firm after a… Continue reading People Digest: Timothy Zee moves on from PAG; Lendor ropes in COOZee has left the private equity firm after a 10-year stint.
Wuxi Biologics could be moving closer to getting taken off US ‘unverified’ trade list
Wuxi Biologics, a Chinese company that makes ingredients for AstraZeneca’s COVID-19 vaccine, may be a step closer to being taken off a US trade list that it landed on five months ago, wiping HK$77 billion ($9.9 billion) off its market value. Chinese authorities allowed a US export control officer to conduct inspections of at least one… Continue reading Wuxi Biologics could be moving closer to getting taken off US ‘unverified’ trade list
Creator Ventures Launches $20M First Fund
Creator Ventures, a London, UK-based venture capital firm investing in early-stage consumer-internet companies advancing how people interact, closed its first fund, at $20M. Investors in Creator Ventures include venture funds-of-funds, family offices and founders of unicorns, several creators and media personalities, and senior leaders from Kaletsky’s former employer, Bridgepoint. The fund will invest $100-500K first… Continue reading Creator Ventures Launches $20M First Fund
China’s Legend Capital leads $150m Series E round in ClinChoiceClinChoice counts Goldman Sachs and DFJ Dragon Fund among its earlier investors.
Legend Capital, a fund management arm of Chinese conglomerate Legend Holdings, has led a $150-million Series E funding round for ClinChoice to help the Sino-US contract research organisation (CRO) expand its business and service offerings globally. Beijing-based life insurance company Taikang Life Insurance and healthcare investment firm Sherpa Healthcare Partners participated in the deal, alongside… Continue reading China’s Legend Capital leads $150m Series E round in ClinChoiceClinChoice counts Goldman Sachs and DFJ Dragon Fund among its earlier investors.