Stop, rest, then get back to doing the good work you do

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Hello readers,

Happy International Workers’ Day!

I know I’m just some guy who writes newsletters (among other things), but it’s imperative that you do exactly what I’m about to tell you:

Take a break. Pat yourself on the back for the good work you’ve done, then go lie down for a while so you can come back later and do even better.

Once you’ve had a good rest, we’ll be here to catch you up on what happened while you were away for a day or even a month. For example (in case you blinked and missed it), the top fundraiser this week, Urban Company, is the twelfth startup in India to join the unicorn club this year – and we’re barely into the second quarter.

You can find all other important investment deals that happened in the last few days in our weekly funding news wrap-up.

Let’s dive into the biggest deals and M&As that recently took place.

BIGGEST DEALS BY COUNTRY

🇮🇳 Urban Company: The India-based gig marketplace bagged US$188 million from DF International Group, Prosus Ventures, and Wellington Management in its series F funding round.

🇨🇳 DeltaPhone Information: The Chinese AI firm scored a US$76.9 million series B round from BOCOM International, CICC Capital, CMSC, China Merchants Capital, Shenzhen Capital Group, Yuexiu Industrial Fund, and Yunqi Capital.

🇭🇰 AfterShip: The Hong Kong-headquartered ecommerce shipping and tracking solutions provider raised a series B round worth US$66 million from GL Ventures and Tiger Global Management.

Lists of most active investors in the region

List of top-funded startups in Asia