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Vanessa Tan · · 2 min read

8 startup funding rounds in Asia last week

Funding Weekly - 720px

India’s online grocery store Bigbasket is the big winner last week having scored US$32 million. Here’s a summary of the past week’s startup funding rounds.

1. Jimu Box | China

Chinese peer-to-peer lending startup Jimu Box has secured series B funding, jointly led by Xiaomi and ShunWei Capital. ShunWeiis a fund headed by the phone-maker’s founder, Lei Jun.

2. Chelaile | China

Chelaile, literally translated as “bus is coming,” is an app in China that allows users to track public buses in real-time. The startup just received a US$5 million series A round of funding from undisclosed investors.

3. Xueqiu | China

Xueqiu, a stocks-oriented social network and one-stop platform for information and tools on investments, has received a series C investment worth US$40 million led by Renren.

4. Gaosouyi | China

Stock investment portal Gaosouyi has raised RMB 30 million (US$4.89 million) in series A funding from CDF Capital.

5. Bigbasket | India

India-based online grocery store Bigbasket has received US$32 million in series B funding from Helion Ventures and Zodius Capital. It comes two-and-half years after a round worth US$10 million.

6. Delhivery | India

Delhi-based logistics company Delhivery has raised US$35 million in series C funding led by Multiple Alternate Asset Management, with participation from existing investors such as Nexus Venture Partners and Times Internet.

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Vanessa Tan

Vanessa currently leads marketing for Xiaomi Indonesia and has led product marketing and product PR for Xiaomi Global prior to her current role. She is a proud Tech in Asia alumnus too!