Eight Roads Ventures has led a $15 million Series B round of funding for Paidy, a cardless payment and instant credit service offered by Japanese financial technology platform Exchange Corporation.
Japanese corporate analytics platform Abeja has raised a JPY530 million ($5 million) Series B round from Innovation Corporation of Japan (INCJ) and Archetype Ventures.
Innovation Network Corporation of Japan (INCJ) has led a $16 million funding round for Tokyo-based chemical sensor developer Atonarp.
Bluestone's work to reshape India's jewelry industry and change customers' attitudes appeals to the domestic VC firm
Rocket Internet has played a major role in developing Southeast Asia’s e-commerce sector, but industry players say the firm’s most lasting effect will likely be the large talent pool that it is creating in the region
Myntra, the Indian fashion retailer backed by e-commerce giant Flipkart, has agreed to buy its main rival Jabong from Rocket Internet's Global Fashion Group (GFG).
Singapore’s Temasek Holdings has led a $105 million Series F round of funding in Sprinklr, a US-based social media company targeting growth in Asia Pacific.
Indian classifieds site Quikr has acquired Hiree, an online hiring platform focused on white collar jobs and backed by IDG Ventures.
Yonghong Tech, a Chinese big data analytics software provider, has raised RMB200 million ($30 million) in Series C funding from Tencent Holdings’ VC unit, Yuansheng Capital, Oriental Fortune Capital, and Matrix Partners.
Indian gift card technology provider Qwikcilver has raised a new round of funding with participation from existing investors Accel India and Helion Venture Partners.
Thailand's Siam Commercial Bank (SCB) has formally announced a financial technology investment strategy aimed at improving customer experience while encouraging domestic start-ups to keep up with changes in the global market.
Bertelsmann India Investments has led a INR1.12 billion ($17 million) Series B round of funding for Indian budget hotel chain Treebo.
Rocket Internet and Sweden's AB Kinnevik have committed another EUR30 million ($33 million) to emerging markets-focused online fashion portal Global Fashion Group (GFG).
The International Finance Corporation (IFC), the investment arm of the World Bank, has proposed a $15 million investment in Indian education start-up Byju’s.
China Growth Capital has led a $10 million Series B-plus round of funding for Austria-based media company Juzi Entertainment. It brings the Series B to $25 million overall.
China’s PGA Venture Partners has led a $4.5 million Series A round of funding for Hong Kong-based financial services software provider Quantifeed.
Japan’s SBI Investment has led a $17.5 million Series B funding round for Thailand-based online payment services provider Omise.
Singapore’s Vickers Venture Partners has reached an S$86 million ($63.3 million) first close for its fifth fund, which is targeting early and expansion stage Asian companies.
US-based 500 Startups has received $8.3 million in LP commitments for its Thailand-focused early-stage fund 500 TukTuks after expanding its targeted scope on the back of increased investor interest.
GSR Ventures has participated in a $70 million financing round for Protean Electric, a US automobile equipment developer with an expanding operations base in China.
A PE-backed Chinese consortium has agreed a $600 million acquisition of the web browser business of Norway’s Opera Software after a full takeover bid worth $1.2 billion failed to attain government approval.
Southeast Asia-focused e-commerce solutions provider aCommerce has raised $10 million in new funding ahead of a planned Series B round. The latest commitment is led by MDI Ventures, a corporate VC fund run by Indonesian mobile operator Telkom.
CRE Alliance Management, a consumer-focused fund established by state-owned conglomerate China Resources, has invested an undisclosed sum in Meituan-Dianping, China’s leading online-to-offline (O2O) services platform.
Qihoo 360, a US-listed Chinese internet security software provider, has been successfully privatized by its chairman and investors ranging from private equity firms to insurance companies, in a deal worth $9.3 billion.