If the U.S. government were to blacklist the State Bank of India for its dealings with EHI, the Indian lender could seek a waiver from Washington on national security grounds.

WSJ: India, Iran Try New Conduit for Oil Payments

Qiming Ventures has five Chinese portfolio companies in the cue to go public soon: ramped up car rental service eHi from Shanghai, dating site Jiayuan, online video programming PPLive, social networking service Kaixin001 and kids entertainment site Taomee.

FORBES: Just How Hot Is China Venture? Very!