Technology
Japan's VC-backed Anydoor acquired by Rosetta
Anydoor, which operates Japanese crowdsourced translation platform Conyac, will be acquired by Tokyo-listed translation services business Rosetta in a cash-plus-stock deal.
Sequoia leads $30m round for China’s Mining Lamp
Sequoia Capital China has led a RMB200 million ($30 million) Series B round of funding for Mining Lamp, a Chinese big-data solutions provider.
China online gaming firm Wangyu Master raises $23m
Wangyu Master, a Chinese online gaming services platform, has raised RMB150 million ($23 million) in a Series A round of funding from a group of domestic investors.
Australia’s Bigstone receives $2.3m seed round
Australia-listed investment firm CVC has backed a A$3 million ($2.3 million) seed round of funding for Bigstone, a domestic online platform operator that connects investors with start-ups.
BCCL, GVFL lead $7m round for India's Travelyaari
Gujarat Venture Finance (GVFL) and Bennet, Coleman & Co. (BCCL), owners of the Times of India, have led a $7 million Series B round for Indian online bus booking platform Travelyaari.
Fund focus: Reinventure seeks disruptive fintech
Leveraging its synergies with Westpac, Reinventure Group will invest in start-ups through which the bank can access innovations that complement its business model or integrate technology solutions directly into its systems
Deal focus: Go-Jek targets multiple verticals
As a single-country player with a dominant position across verticals ranging from transportation to payment, Indonesia-based Go-Jek is tipped to overcome its rivals. A consortium of investors has committed $550m to make this happen
Korean online beauty retailer Memebox raises $66m
Memebox, an e-commerce company that sells Korean beauty products, has raised $65.95 million in Series C funding led by Formation Group, an Asia-focused VC firm launched by Formation 8 co-founder Brian Koo.
Australia's Future Fund leads round for US-based MapR
Australia’s Future Fund has led a $50 million round of funding for US-based big data services company MapR Technologies.
EVP, Microequities launch $15.4m Australian VC fund
Equity Venture Partners (EVP) and Microequities Asset Management have launched a A$20 million ($15.4 million) venture capital fund to focus on Australian technology start-ups.
Asian investors back $80m global expansion for NextVR
NextVR, a US-based start-up developing live streaming content for virtual reality (VR), has raised an $80 million Series B round, mostly from investors in Asia.
Capital Square buys majority stake in India's Indecomm
Singapore-based Capital Square Partners has acquired a majority stake in Indecomm Global Services, an Indian IT services provider.
Drones: High-flying tech
The exponential rise in drone technology investment during the past few years is now expected to level off into slower growth as venture capitalists discover a galaxy of more nuanced opportunities
India tech M&A: Power plays
Recent consolidation moves in India’s technology sector are a welcome sight for investors that have poured money into battles for market share. However, not all start-ups should be resigned to this fate
Deal focus: RocketSpace plots a China trajectory
With support from HNA Group, RocketSpace wants to take its San Francisco-based co-working space and accelerator model into new markets. China is the top priority
Alibaba leads round for China VC-backed e-commerce site
Alibaba Group has led a RMB267 million ($49 million) Series C round for Shandiangou.com, a Chinese mobile shopping and delivery app backed by several VC investors.
Oak Hill exits India's Vertex to strategic buyer
Oak Hill Capital Partners has reportedly exited its stake in the India branch of business process outsourcing (BPO) company Vertex Data Science to domestic mobile communications company Altruist.
China's Fruitday adds $15m to Series D round
Fruitday, a Chinese VC-backed e-commerce site dedicated to selling imported fruit, has received RMB100 million ($15 million) in an extended Series D round from an investment fund backed by Shanghai-listed developer Zhangjiang Hi-Tech Park.
Japan analytics player Abeja raises $2m
Japanese corporate analytics platform Abeja has raised JPY200 million ($2 million) in Series B funding from PNB Inspire Partners, a domestic investor aimed at helping companies expand into Southeast Asia and Islamic countries.
China payment machines maker Yunnex raises $45m
Yunnex, a China-based point-of-sale (POS) machine manufacturer, has raised RMB300 million ($45 million) in Series B funding from GSR Ventures and other strategic investors.
Sino-US VCs back US online marketplace GrubMarket
GrubMarket, a US-based online food marketplace, has raised $20 million in a Series B round of funding from several Sino-US investors including GGV Capital, Fosun Capital and Danhua Capital.
Golden Gate invests $2.5m in Indonesia's Alodokter
Singapore’s Golden Gate Ventures has committed $2.5 million to a Series A funding round for Indonesian healthcare information portal operator Alodokter.
Australia's Westpac invests $38m in Reinventure
Australia's Westpac Banking Corp. has committed A$50 million ($38 million) to the second fund of Reinventure Group.
Telkom Indonesia, Telstra launch VC partnership
State-controlled Telkom Indonesia has partnered with Australia’s Telstra Ventures to pursue venture capital investment opportunities in Southeast Asia.