goes all in on strategic edtech investments in India, acquiring
for $50 million and obtaining a majority stake in
has led a $100 million financing of Indian online tutoring platform
has raised $24 million in first round funding co-led by
and asset manager
. Participating as a return investor in with others was Revolution’s
Rise of the Rest
bags $225 million for its robotics process automation software from Sequoia Capital, with Series E funding led by
Alkeon Capital Management
, Coatue, Dragoneer, IVP, Madrona Venture Group, Sequoia Capital, Tencent, Tiger Global and others.
, which invests in the U.S., China and Japan
closed on funds totaling $880 million, including $780 million
for DCM IX
its largest global fund to date, and $100 million for its third A-fund targeting seed-stage investments in SaaS, cloud, B2B & B2C fintech and consumer internet companies.
Lightship Capital has raised $22 million toward a debut $50 million fund focused on minority-owned startups in the Midwest.
Tencent-backed mobile game developer
Archosaur Games went public in Hong Kong, raising $279 million.
South China Morning Post
annual China Internet Report, highlighting 5 key unstoppable trends:
Silicon Dragon discount