Baidu pays $1.9b for VC-backed 91 Wireless
Chinese search engine giant Baidu is to acquire 91 Wireless - the mobile app store business of online gaming company NetDragon Websoft - for $1.9 billion.
According to a filing, NetDragon has agreed to sell its 57.41% stake in the company to Baidu for $1.09 billion with Baidu acquiring the remaining share from early VC backers under the same terms. According...
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Singapore fintech start-up LXA gets $10m seed round
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India's InCred announces $60m round, claims unicorn status
Indian non-bank lender InCred Financial Services said it has received INR 5bn (USD 60m) at a valuation of at least USD 1bn from unnamed investors including “a global private equity fund.”
Insight leads $50m round for Australia's Roller
Insight Partners has led a USD 50m round for Australia’s Roller, a venue management software provider specializing in family fun parks.