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XIAOMI SHUNWEI
Digital lender Kreditbee in unicorn club with $280 million at $1.5 billion valuationDigital lending firm Kreditbee has raised $280 million, becoming a unicorn with a $1.5 billion valuation. This funding marks their last pri...- KreditBee gets $70 million more in Series C funding roundAccording to a source, KreditBee’s Series C funding round has provided an exit to Chinese investors Xiaomi, Shunwei Capital and Kunlun, whi...
- KreditBee gets $75 million in Series C funding from PremjiInvest, othersWith this funding round, KreditBee’s parent firm Finnov has cut its backing by China-based investors — including Xiaomi, Shunwei Capital an...
- Shunwei Capital, Xiaomi continue to bet big on Indian startupsShunwei Capital, which manages assets of about $3 billion and founded by Xiaomi founders Lei Jun and Tuck Lye Koh, has co-led a $5.5 millio...
- Xiaomi in talks to back bike taxi app RapidoRapido was founded by Aravind Sanka, Rishikesh S R and Pavan Guntupalli in 2015 and also counts Hero MotoCorp MD Pawan Munjal among its inv...
- Twitter may invest more than $50 million in ShareChatShareChat is among a new crop of regional-language content players tapping the next 100 million internet users in India.
- VC firm chief: Regulation needed to keep environment conducive for homegrown championsShunwei, which has backed startups such as regional language social network ShareChat and social commerce platform Meesho, manages $3 billi...
- Xiaomi, VC arm to pick 10% in mobility startup chalo.comThe deal, which is part of Xiaomi’s efforts to increase its presence in the Indian mobile application space, values chalo.com at around Rs ...
- China’s Shunwei Capital raises $1.21 b for its latest global fundChinese early-and growth-stage venture capital fund Shunwei Capital has raised one of its largest funds yet at $1.21 billion.
- Xiaomi to spend a chunk of IPO money on India operationsXiaomi has made investments in 10 startups in India, several of which align with its strategy of building internet services, such as social...
- Xiaomi leads $100 mn push in ShareChatThe fresh funding will see ShareChat, one of the hottest consumer internet startups in the country, rack up a valuation of $400 million or ...
- Xiaomi to start lending operations in India; to target salaried professionalsThe new credit product, launched in partnership with lending platform KrazyBee, has already gone live and will be officially announced in a...
- Xiaomi is in advanced talks to pick up stake in ZestMoneyThis would be the second investment by Xiaomi in the fintech space, after having backed student-focused lending player Krazybee last year.
- ShareChat raises $18.2 million from Xiaomi, ShunWei, othersThe funds raised are being used for machine learning and artificial intelligence technology, with a major focus on expanding both the techn...
- Shunwei’s slowly taking capital spot in Indian startup ecosystemWith eight investments closed in less than 10 months, the firm is leveraging its learning from the Chinese market and betting on companies ...
- Micro-lending co KrazyBee raises $8 million from Xiaomi Tech, othersThe Bengaluru-based startup plans to utilise the funds for improving its technology platform so that it can expand its services across more...
- Regional networking app Sharechat pings Shunwei Capital, Xiaomi for $15-million investmentRegional language social app likely to be valued at $70 million post the fundraise and will use the newly-raised capital for product improv...
- Mobile gaming startup Mech Mocha raises Rs 32 croreHaving someone internal in China will be useful in developing strategic partnerships, besides guidance on market growth,” said Arpita Kapoo...
- Online marketplace for used cars Truebil raises Rs 20 crore from Shunwei CapitalWith this infusion from Shunwei Capital, whose backers include Xiaomi founder Lei Jun, the total capital raised by the firm so far stands a...
- Chinese VC firm Shunwei Capital set to enter Indian market with $2 mn investment in gaming co Mech MochaMech Mocha's latest funding round is pegged at $3-4 million, though the final amount may change, said one source familiar with the matter.I...
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