Returning investors Sequoia India and Tiger Global Management co-led a $35m round that valued Recruit-backed marketing software provider CleverTap at $385m.
Author: Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
Paytm progresses towards $2bn
Existing investors Ant Financial and SoftBank are close to taking part in a $2bn round that would value digital payment services provider Paytm at $16bn.
Provivi reaps $85m in series C round
BASF Venture Capital formed part of a consortium co-led by Pontifax Agtech and Temasek that supplied $85m in funding for pesticide developer Provivi.
Lattice structures $25m series C
Slack-backed employee engagement platform developer Lattice has added $25m in series C financing to its coffers just six months after closing its $15m series B round.
Accolade recognises $20m investment
Humana provided $20m for healthcare assistance platform Accolade through the widening of a strategic agreement signed in March.
Ginkgo Bioworks brews up $350m Ferment Consortium
The $350m fund will provide capital for Gingko spinoffs and has attracted limited partners including Viking Global Investors, General Atlantic and Cascade Investment.
Club Factory manufactures $100m series D round
Bertelsmann Asia Investments has returned for the cross-border e-commerce platform’s latest round, having backed a series C round of equal size in early 2018.
Fangdd looks to capture $150m in IPO
Online real estate marketplace Fangdd has filed for a $150m initial public offering that would allow Shanying International to exit.
Forward Networks advances to $35m series C
Goldman Sachs has thrown its weight behind Forward Networks, bringing the networking technology producer’s total funding to more than $62m.
Benlai picks up $200m series D1
Joyoung-backed online grocery platform Benlai has received $200m in a series D1 round led by SF Express-owner Mingde Holdings.
Aprea closes $97.8m IPO
The underwriters for Praktikertjänst-backed Aprea Therapeutics have taken up the over-allotment option in full to boost proceeds to nearly $97.8m.
EP Map System charts $25m series A
Ajax Health has led a $25m series A round for medical device manufacturer EP Map System.
Next Insurance lines up $250m from Munich Re
Munich Re provided the series C funding at a valuation exceeding $1bn to take its stake in the workplace insurance provider to approximately 27.5%.
VIPKid passes series E test
Tencent has led a series E round for VIPKid that reportedly could have been sized at as much as $500m, with the corporate in line to invest $150m.