Media
Google joins $145m round for India's Glance
Google has joined a $145 million round for Glance, an Indian smart phone services provider specializing in media content that launches on a locked home screen when a handset is illuminated.
CITIC exits data business to European GP
CITIC Capital is exiting its stake in business intelligence database provider ISI Emerging Markets Group to UK-based Montagu Private Equity.
J-Star exits Japan TV shopping business via trade sale
J-Star has sold Itty, a Japanese TV shopping business that specializes in healthy living products, to local broadcaster TV Asahi Corporation for an undisclosed sum.
China short video platform Kuaishou files for Hong Kong IPO
Kuaishou, a Chinese video sharing and social networking platform backed by the likes of Tencent Holdings, Sequoia Capital China, Boyu Capital and DST Global, has filed for a Hong Kong IPO.
KKR backs Philippines telecom tower operator
KKR has invested an undisclosed sum in Philippines-based telecom tower operator Pinnacle Towers with a view to helping it expand into a regional platform.
Deal focus: VR gaming comes of age
Japanese videogame publishing company Thirdverse believes the time is right to bring virtual reality entertainment to the masses. VCs with expertise in the sector are beginning to agree
Australia's 99Designs acquired by European trade buyer
Australia’s 99Designs, a global graphic design marketplace, has been acquired by Ireland-based Cimpress, the owner of marketing services firm Vistaprint. It sets up at least one VC exit.
Lee Fixel's Addition backs India news aggregation app
Inshorts, an Indian news aggregation app, has raised $35 million in funding led by Addition, an investment firm launched by Lee Fixel, who was previously involved in Tiger Global Management’s India deals.
Deal focus: NSSK completes digital transformation
Converting Bunkasha Publishing's library of manga library from paper to digital form was a priority for NSSK. New owner Beaglee will now plug this content into its online distribution platform
India gaming platform secures $90m Series C
SIG Asia, RTP Global, MDI Ventures and Pegasus Tech Ventures have led a $90 million Series C round for Mobile Premier League (MPL), an India-based mobile gaming platform.
NSSK sells Japanese manga publisher
NSSK has sold Bunkasha Publishing, a Japanese media group focused on manga comics in both print and digital formats, to local internet content provider Beaglee.
Asia-focused events platform Airmeet raises $12m
Sequoia Capital India has led a $12 million Series A round for US-based and Asia-focused virtual events platform provider Airmeet.
Cool Japan leads $40m Series C for Taiwan’s Vpon
Cool Japan Fund has led a $40 million Series C round for Vpon, a Taiwan-based big data and advertising services provider.
Korean wave: Killer content
From Oscar-winning films to record-breaking pop bands, Korean content has started to replicate its success in Asia in the West. Venture capital investors are looking for ways to ride the K-wave
India’s Lumikai launches gaming VC fund
Lumikai, an Indian venture capital firm, has launched a fund targeting local gaming and interactive entertainment start-ups. The size of the fund was not disclosed.
Trio of Indian short video apps raises funding
Indian short video apps Chingari, Mitron and Trell have all received venture capital backing as they look to slowly fill a void left by the suspension of ByteDance-owned TikTok’s operations in the country.
Tencent plots merger of China live-streaming platforms
Tencent Holdings has proposed a merger of Douyu and Huya – China’s two largest game-centric live-streaming platforms. Both NASDAQ-listed companies have a number of VC investors.
ByteDance acquires Chinese medical platform for $72m
ByteDance, the PE-backed owner of TikTok and the Toutiao news aggregation service, has acquired VC-backed Chinese medical information platform Baikemy for RMB500 million ($72 million).
India cosmetics brand MyGlamm acquires content platform
MyGlamm, an online Indian cosmetics brand, has agreed to acquire POPxo, a women-focused content platform, for an undisclosed sum. Both companies have several VC backers.
Korea, US-based serialized fiction app gets $63m
SoftBank Ventures Asia and Kakao have led a $63.2 million Series A round for Radish, a Korea and US-based producer and broadcaster of serialized fiction for mobile devices.
Singapore marketing SaaS player raises $32m
US-based technology investor Riverwood Capital has led a $32 million Series C round for Insider, a Singapore software start-up that helps companies develop better targeted marketing campaigns.
Korea e-sports player DRX secures $22.5m
Korean e-sports organization DRX has raised $10 million from a group of local investors. It coincides with a separate $12.5 million commitment from e-sports specialist ATU Partners.
Tencent buys Malaysia streaming platform Iflix
Tencent Holdings has agreed to acquire the assets of Malaysia-headquartered streaming platform Iflix, which was previously backed by a number of private equity and strategic players.
Australia's Canva raises $60m at $6b valuation
Canva, an Australian graphic design platform, has raised $60 million in VC funding, almost doubling its valuation to $6 billion. It attributed the growth to a shift online amid COVID-19.
