SILICON DRAGON NEWS                                                             April 12, 2016

Silicon Dragon    

6 Lead Investors in Startups
7 Superstar Tech Founders
3 Dealmakers
6 IoT Experts 
Plus Cocktails & Dinner

Tech Founders:
Aaron Lee, Jenny Lee, Eric Chen,
Dato Chevy Beh, Terence Kwok,
Dian Guan; Pocket Sun
  corp strategy venture
Investors in Tech Startups:
Shailini Sujanani, ING
Chibo Tang, Gobi Partners
Jeffrey Paine, Golden Gate Ventures 
Grace Yun Xia, Tencent
Cindy Chow, Alibaba
James Cen Bonsor, Fosun
James McKeough, KPMG
Patrick Loofbourrow, Cooley

Where/When:  HK Cyberport 
Ocean View Court
April 14, 4-9pm

Enter promotion code for
20% discount here:

Silicon Dragon Sponsors:
KPMG, Cooley, Cyberport

A Tipping Point for 
Ventures & Unicorns
 VCs Beijing  VCs _ Beijing 

Hans Tung, GGV Capital
Anna Fang, ZhenFund
Rui Ma, 500 Startups
Akio Tanaka, Infinity Ventures
Jeff Xiong, Seven Seas VC and
former CTO, Tencent 

Sign up
for Beijing event

Silicon Dragon
Event Series 2016
Sydney, May 31  
 New York, June 23 
Los Angeles, July 27-28
Shanghai, September 15
Silicon Valley, October 6
Awards, November 17
Tel Aviv, December 1
For speaking and sponsorship 
opportunities, contact:

Subscribe To
Silicon Dragon News


Follow @SiliconDragon
Follow @Forbes

Xiaomi Does First Deal In India
Xiaomi in India
  In an increasing trend of China tech investment into India, Chinese smartphone maker Xiaomi has led a $25 million investment in Hungama, a video and music streaming service based in Mumbai.  This is the first Chinese deal in India for Xiaomi, which has been angling into the Indian market. Xiaomi plans to integrate technology from the Indian video streaming service into its ecosystem of products.
Following an earlier pattern of Asian venture firms investing in related business models in both China and India, now China's tech titans have begun investing in Indian startups. These tech giants look for products and services that complement their offerings and that can help them scale outside the Mainland. 
Alibaba and its related financial service affiliate, for example, invested some $680 million last year in Indian mobile payments and e-commerce service Paytm. 
This is a trend that that was spotlighted very early on by Startup Asia (Wiley, 2011).


Edith Yeung

What tips can Silicon Dragon entrepreneurs learn from Chinese startups?

A focus on fast execution, big ambitions and huge scale are some factors pinpointed by venture investors including Edith Yeung of 500 Startups and Connie Chan of Andreessen Horowitz. 
Read more in Wired UK.  

Edward Tse In China today, young people born in the 1980's and 1990's have entrepreneurial aspirations are not afraid of failure. How is China's millennial generation incorporating aspects of Silicon Valley culture with China's political and economic structure?
Edward Tse tackles this issue in his latest Forbes column and at Silicon Dragon's upcoming Beijing forum on April 28.  

Unicorns scraping the ceiling of the universe

Didi Kuaidi has raised the target on its latest, nearly completed round of funding to more than $1.5 billion, at a valuation of more than $25 billion.

Ant Financial, the finance affiliate of Alibaba, has upped its funding target to $3.5 billion, in a deal possibly valued at $60 billion. The funding is being led by state-backed investors China Investment Corp. and China Construction Bank Corp., with China's four biggest insurance companies. 
   * Haptik, a personal assistant app that loops in artificial intelligence, has raised $11.2 million in Series B funding from Indian media giant Times Internet. 

* Sequoia Capital China has led a $15 million Series B funding round of, a Hangzhou-based online human resources startup. Tsing Ventures, Meridian Capital China and Greenwoods Investment joined in. 

* Kyulux, a Fukuoka, Japan-based advanced-materials startup focused on OLED display and lighting technology, has raised $13.5 million in Series A funding led by Samsung Ventures with Samsung Display, LG Display, Japan Display and Joled.
* Australian daily deals site for wine fans, Vinomofo, has raised $19 million from Aussie firm, Blue Sky Venture Capital. 


* Entrepreneurship and Venture Capital (EVC), an investment outfit in Cleveland, Ohio, is launching an India-focused $50 million early-stage investment fund to back enterprise software, internet and mobile-focused startups.   
Watch for Silicon Dragon weekly news digest
Fempire retreat
"Fempire" Retreat in the Hamptons: Rebecca Fannin with Silicon Dragon advisers Brian Cohen of NY Angels and Porter Bibb of MediaTech Capital.

(Thanks to America Innovates and Loeb Enterprises for hosting).  
Silicon Dragon Startup Asia                           
       GET THE APP