Technology
Chinese e-commerce platform Qianmi secures $8m
Qianmi.com, a Chinese e-commerce system and technology service provider, has received RMB50 million ($8 million) in Series A funding from Bang Sheng Capital, a subsidiary of state-owned Govtor Capital.
Intel Capital backs New Zealand, India software start-ups
Intel Capital, the captive VC arm of the global chipmaker, has announced investments in two software developers, based in New Zealand and India, respectively.
Baring Asia agrees Japan electronics buyout
Baring Private Equity Asia has agreed to acquire the audio-video operations of Japanese car electronics maker Pioneer Corp. alongside Pioneer's rival Onkyo Corp.
Australia's Lifx goes from Kickstarter to Series A
Sequoia Capital has led a $12 million Series A round of investment for Lifx, an Australian manufacturer of Wi-Fi enabled light bulbs.
GGV, Chengwei lead $20m round for Chinese animation studio
GGV Capital and Chengwei Capital have led a $20 million Series B round of funding for Light Chaser Animation Studios, a Chinese animation producer.
Morningside backs China online P2P lender Yooli
Morningside Technologies has provided a Series B round of funding for Yooli.com, a Chinese peer-to-peer financing platform backed by Softbank China Capital.
KDDI, Jafco invest $12m in Japan news app Gunosy
Japanese telecom giant KDDI Corp. has led a JPY1.2 billion ($11.8 million) round of investment in news app developer Gunosy.
China’s Qiming appoints two new partners
Qiming Venture Partners has appointed two new partners, Kuantai Yeh and Jing Wu, who join from Highland Capital Partners and CITIC Private Equity, respectively.
Nadathur invests $10m in Indian risk management provider
Nadathur Holdings has invested $10 million in Paladion Networks, an Indian technology firm which provides information risk management.
SAIF leads $25m round for India's BookMyShow
SAIF India has led a INR1.5 billion ($25 million) round of funding for Bigtree Entertainment, the company behind cinema and events ticketing site BookMyShow.
SoftBank's VC arm to help Kony expand in Asia
The VC arm of Japan’s SoftBank Corp. has led a $50 million round of funding for US-based Kony with a view to helping the enterprise mobility company expand in Asia.
China's UCloud raises $50m Series B round
UCloud, a China-based cloud services provider, has raised $50 million in a Series B round of funding led by Legend Capital and existing investor Bertelsmann Asia Investments.
Sequoia, TOM Group support HK P2P lender WeLab
Sequoia Capital and Asian billionaire Li Ka-Shing's TOM Group have invested $14 million in WeLab, the start-up behind peer-to-peer (P2P) lending platform WeLend.hk, in a Series A round of funding .
Intel Capital leads $16m round for India's Vizury
Intel Capital has led a $16 million Series C round of funding for Indian client relations management (CRM) platform Vizury.
Khosla, Battery lead $9.2m Series B for HackerRank
Khosla Ventures and Battery Ventures have led a $9.2 million Series B round of funding for Indian hacker platform HackerRank.
Tiger Global leads $31m Series D round for India's Freshdeck
Tiger Global Management has led a $31 million Series D round of investment in India's Freshdesk, a provider of a software-as-a-service (SaaS) customer support platform.
Japan's KSP reaches $11m first close on fourth venture fund
Japanese incubator KSP has reached a JPY1.2 billion ($11.7 million) first close on its fourth venture investment fund.
Alibaba acquires remaining shares of VC-backed UCWeb
Chinese e-commerce giant Alibaba Group has bought all the remaining shares of VC-backed mobile-browser firm UCWeb.
Mayfield invests further $5m in India ATM surveillance firm
Mayfield Fund has invested an additional INR300 million (over $5 million) in Indian ATM e-surveillance firm Securens Systems through a subscription to preference and equity shares.
India's FashionandYou raises $10m Series D round from VCs
Indian discount e-commerce fashion site FashionandYou.com has raised $10 million from new and existing investors in a Series D round of funding including Sequoia Capital, Smile Group, Norwest Venture Partners, Intel Capital and Nokia Growth Partners.
Singtel's Amobee acquires VC-backed Adconion, Kontera
Amobee, the mobile ad company owned by Singapore telecoms giant SingTel, has acquired two VC-backed digital ad firms: Adconion and Kontera, for $235 million and $150 million, respectively.
GrabTaxi's scale proposition
Two tears ago, Anthony tan was pitching taxi fleets in Kuala Lumpur. His idea for a mobile phone app that could be used to make taxi bookings came runner-up in Harvard Business School's (HBS) 2011 business plan contest. Turning it into a reality was proving...
Cyberagent leads Series A for 3D printing start-up
Cyberagent Venture, the corporate VC arm of internet firm Cyberagent, has led a $2 million Series A round of investment in Japanese 3D printing service Kabuku.
IDG leads $20m Series B for China's Dew Mobile
IDG Capital Partners has led a $20 million Series B round of investment in DewMobile, the Chinese start-up behind file transfer app Zapya.