Bhawna
Stories by Bhawna
China Digest: Guoxiaomei raises $50m, Tunicorn Technology gets $37.8m, SchoolPal Online bags $15m
In August, Guoxiaomei received a Series A funding led by IDG.
India Dealbook: Koinex, BuildSupply raise funds from VCs
Koinex will use the money towards scaling its technology infrastructure, further enhancing the product, and expanding the team.
India Dealbook: Xander part-exits Sadbhav Infra; OysterRock to raise $100m fund; CapitaWorld raises capital from HNIs
Post divestment, Xander holds 3.8 per cent stake in Sadbhav Infrastructure.
China Digest: CGeneTech raises $15m; Familyout bags $3m led by Suning Youth Pioneer Park
CGeneTech focuses on discovery, development and commercialization of novel small molecule drugs.
China Dealbook: yicartrip.com, Shixiseng raise funding
Headquartered in Shenzhen, yicartrip has more than 100 sales branches in urban areas.
India Dealbook: Car care co Refreshed, coupon platform Shopholix fundraise
The Shopholix round was led by veteran investor Munesh Khanna.
China Dealbook: BmTrip, High-Five, HT Acoustic raise funds
BmTrip has raised tens of millions of RMB in a pre-Series A round led by Aurora Private Equity.
India: Asian Paints buys Reno Chemicals for $24.7m
The acquisition will help Asian Paints to use its land and building for its growing infrastructure requirements.
India Dealbook: Logic Roots, Project Mudra, Vahdam Teas raise funding
Earlier this year, Vahdam Teas had raised $650k funding from Kanwaljit Singh, Mumbai Angels and Singapore Angel Network.
India Digest: Asahi India Glass JV; Cipla to sell Croatian subsidiary
Zagreb-based pharmaceutical company PharmaS manufactures and distributes generic drugs.