Lightspeed China Partners (LCP) is announcing that it has recently completed the final closing of Lightspeed China Partners I, L.P. and its affiliated fund, with total committed capital of $168 million, exceeding the firm’s target of $150 million. The fund plans to invest exclusively in China-based businesses with a focus on early-stage companies in the [...]
![[Partner Post] Advantage Ventures hosts China’s first social investment forum](http://i2.wp.com/startupcentral.in/wp-content/uploads/2012/08/chinaflag.jpg?resize=315%2C157 "[Partner Post] Advantage Ventures hosts China’s first social investment forum")
The forum is being organized by Advantage Ventures, a boutique investment advisory firm based in Hong Kong and Beijing that fosters sustainable development by promoting investments in social ventures.
Continuing with the global trend of declining venture capital investment activity during the first quarter of 2012, investments in China, the toast of the global venture capital community for most of the past decade, slipped to their lowest levels in five years, said media reports quoting numbers published by Dow Jones VentureSource. Investments during the quarter [...]
Chipmaker Intel’s venture capital arm Intel Capital is aiming for at least 10 new deals in mainland China, keeping pace with the investment momentum it had built last year, reports China Daily, quoting Intel Capital president and executive vice president Intel Arvind Sodhani. Last year, the corporate venture capital investor had made 10 investments worth $90 [...]
Beijing-based travel search engine Qunar, which sold a majority stake to Chinese search giant Baidu for $306 million last June, is reported to be considering an initial public offering in the US, says Bloomberg. The company, which launched a search services on mobile in 2010, expects to double revenues this year, said the report. China’s [...]
Intel Capital, chipmaker Intel’s venture capital investment arm, has announced two new investments; in cloud gaming platform developer Beijing Cloud Union Co and fashion content aggregation platform Fashion Republic. The amounts invested in both companies have not been disclosed. Both investments have been made from the $500 million Intel Capital China Technology Fund II, which [...]
Venture capital and corporate investments in cleantech globally grew 13 per cent to $8.99 billion in 2011, reports Cleantech Group, a San Francisco-based research firm focused on cleantech innovation. The number of deals declined seven per cent to 713, compared to volumes in 2010. Asian companies raised $879 million across 71 disclosed deals and Chinese [...]
Chinese search engine Baidu (Nasdaq: BIDU) has announced a $306 million strategic investment in travel search engine Qunar, becoming the majority shareholder in the company. This takes the total capital raised by Beijing-based Qunar to $331 million, including about $25 million raised from venture capital investors earlier. Founded in 2005, the company claims to be [...]
Chinese YouTube clones are in the news this morning. Actually they’ve been in the news for a while, week to ten days, ever since the Chinese government clamped down on such websites in what it says is a measure to curb pornographic and politically sensitive content. The government’s directive says that only state-owned websites will [...]
Accelerator to angel to VC flow still struggling to find equilibrium in India
I had fun moderating the panel on early stage financing at India Internet Day. VCCircle has an interesting article. The key issues are as under: 1. Too few deals are progressing from accelerators to angel, and from angel to Series A. Only five per cent of deals going from accelerators to Series A might not [...]
The early ecommerce marketplace pioneers: eBay class of 2000-2005
TechCrunch recently published an article I wrote about how the eBay class of 2000-2005 helped shape ecommerce in Silicon Valley and continues to innovate and move the sector forward. By understanding what shaped this class’ experience and examining where these alums are today, we identified the most important industry trends and start to see a [...]
The founder’s guide to surviving the Series A crunch
The Indian entrepreneurship and venture capital ecosystem is fast maturing. Today we have more early stage funds than ever. This fund availability will only improve, aside from the temporary blips caused due to macroeconomic ups and downs. We are in one such ‘crunch’ today, where even though seed and angel funds are writing cheques with [...]
Connect