Deals this week: Yuandun Platform, Kanvas Consultancy Private Limited, Digital Alliance Holdings

24 November 2017 (Last Updated November 23rd, 2017 15:14)

Yuandun Platform has raised $15m in a Series B funding round led by Chinese investment firm China Auto Parts & Accessories Investment Holdings Corp.

Yuandun Platform has raised $15m in a Series B funding round led by investment firm China Auto Parts & Accessories Investment Holdings Corp.

Also based in China, Yuandun Platform is a business-to-business e-commerce platform that offers auto parts bidding and purchasing services.

Kanvas Consultancy has raised funding from Alia Bhatt and others investors in a pre-series A round.

Kanvas Consultancy is an online fashion styling platform operating as StyleCracker.

Alia Bhatt has also purchased a minority stake in the company, following the transaction.

Based in India, StyleCracker was founded by Dhimaan Shah and Archana Walavalkar.

“Alia Bhatt has also purchased a minority stake in the company, following the transaction.”

Digital Alliance Holdings has reached an agreement for the private placement of 1,000 shares of its common stock to Future Venture Capital.

Digital Alliance Holdings is an online retailer, whereas Future Venture Capital is a venture capital firm, and both the companies are based in Japan.

Indonesian online marketplace Tinkerlust has secured funding in a pre-series A round, with the aim of investing in engineering and product development teams.

Led by Indonesian entity Merah Putih, the funding round also included participation from Danny Oei Wirianto.

China-based supermarket operator Letus Legend has secured $30m in a series A funding round.

The funding was provided by venture capital firm Sequoia Capital China.