News round up 12 March 2018

A round up of all the latest news on for our subscribers.


India’s tax change offers venture capital boost

An increase in capital-gains levies on listed equity funds should help provide venture capital and private equity with a level playing field.



Magic Leap surpasses $960m in series D

Public Investment Fund provided $400m as the Temasek-backed AR technology developer took a round worth $963m.

SoftBank makes DoorDash in $535m series D

The food delivery service is now valued at $1.4bn after raising cash in a SoftBank-led round that also featured Singapore’s GIC.

Tencent chases down Chehaoduo in $818m round

Online automotive retail and services platform Chehaoduo has raised more than $1.7bn in total from investors including Singapore’s GIC.

Quentis wins $48m from series A quest

The immuno-oncology therapy startup has completed a round that included New York Ventures and Taiho Pharmaceuticals.

Temasek finds Perfect Day in series A

Temasek led the vegan dairy protein developer's $24.7m round.

Hotelogix raises $5m with help from Vertex

The Indian property management firm has taken its lifetime funding to $8m.

ThoughtWire closes $20m round with BDC support

The Industrial Internet of Things company has raised $20m in debt and series A financing.

BugCrowd sources $26m in series C

Salesforce Ventures returned for a round that also featured two Australian superannuation funds.


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