Technology
Japan's Genesis Healthcare raises $5.1m from Founders Fund, Mitsui
US early stage investor Founders Fund and Japanese conglomerate Mitsui & Co have together invested JPY620 million ($5.1 million) in Genesis Healthcare, a Tokyo-based start-up that develops genetic testing kits, in exchange for a 6% stake.
Lei Jun, CEO offer to take China's YY private
YY, a VC-backed social networking platform in China, has received a take-private offer from its chairman Lei Jun and CEO David Li.
Australia's PE-backed Nintex acquires US-based Drawloop
Nintex Group, an Australian software provider backed by TA Associates, has agreed to acquire Drawloop Technologies, a US-based software platform that offers automated document services.
Sequoia, others commit $11m to India's Zoomcar
Indian car rental company Zoomcar has raised $11 million in funding from existing investors Sequoia Capital and Empire Angels, with participation from newcomer Nokia Growth Partners.
Helion leads $30m round for big data start-up Axtria
Helion Venture Partners has led a $30 million investment in US-based big data analytics firm Axtria. Silicon Valley venture capitalist Gururaj Deshpande also participated in the round alongside existing angel investors Amar Sawhney, Rick Braddock and...
Tata Capital leads Series B round for Singapore's Nearex
Tata Capital has led an undisclosed Series B round investment in Singapore micro-payments start-up Nearex via its Tata Capital Growth Fund. Existing investors Beenos Asia and Xinvesco also took part in the round.
Indian music streaming service Saavn raises $100m
Tiger Global has led a $100 million Series C round for Indian music streaming service Saavn, with participation from Bertelsmann India Investments, Steadview Capital, Mousse Partners and Liberty Media.
Vietnam's Foody raises Series B round from Garena
Vietnamese food platform Foody has raised a Series B round from the investment arm of Singapore-based internet company Garena.
Deal focus: VCs dine on Korea's MangoPlate
Nothing illustrates South Korea's obsession with food better than a new foodie craze called Mukbang.
500 Start-ups, Gree lead Indonesia game studio Series C round
US early stage investor 500 Startups and Japanese gaming giant Gree have led an undisclosed Series C round investment in Indonesian game start-up Touchten Games.
Nova, Caixa lead $3m Series A for Malaysia eyewear retailer
Nova Founders Capital and Caixa Capital have led a $3 million Series A round for Malaysia-based eyewear retailer GlassesGroupGlobal.
Japan's Recruit Holdings acquires UK edutech startup Quipper
Japan's Recruit Holdings has acquired VC-backed UK edutech start-up Quipper for $40 million.
Oriza, SF Express invest $80m in China Wi-Fi operator
Oriza Holdings and SF Express, a Chinese logistics company, have led an $80 million Series A round of funding for 100MSH, a start-up that provides public Wi-Fi networks to commercial operators.
Ratan Tata joins Jungle Ventures as special advisor
Ratan Tata - chairman emeritus of Tata Sons, holding company for India conglomerate Tata Group - has joined Singapore-based early-stage investor Jungle Ventures as a special advisor.
SAIF commits $5m in Series A funding to India's Zoomo
SAIF Partners has led a $5 million Series A round of funding for YoungMonk Technologies, the start-up behind peer-to-peer (P2P) used car marketplace Zoomo.
IDG, DCM, NLVC commit $100m to China mobile office platform
IDG Capital Partners, DCM and Northern Light Venture Capital (NLVC) have participated in a $100 million Series D round of funding for Fxiaoke.com, a Chinese cloud-based mobile business management application.
IFC, Axon, Intel Capital commit $13.5m to India's NxtGen
IT infrastructure services provider NxtGen Technology has raised $13.5 million in Series B funding from International Finance Corporation (IFC), Axon Partners Group and Intel Capital.
TA invests in India's Atria, IVFA rolls over stake
TA Associates will join India Value Fund Advisors (IVFA) to buy about 95% of Indian broadband service provider Atria Convergence Technologies (ACT). IVFA's India Value Fund III, ACT's current majority shareholder, will exit most of its stake and roll...
VC-backed Housing.com fires controversial CEO
Rahul Yadav, the controversial CEO of VC-backed Indian property portal Housing.com, has been ousted from the company.
NSI Ventures, F&H lead $8m round for Singapore's Chope
NSI Ventures, the VC unit of Northstar Group, and consumer and technology sector-focused investor F&H Fund Management have led an $8 million round for Singapore online restaurant platform Chope.
SAIF, Accel commit $10m to Indian services marketplace
SAIF Partners and Accel Partners have together invested $10 million in India services marketplace UrbanClap.
Nokia Growth leads Series B for India's Indix
Nokia Growth Partners has led a $15 million Series B round for Indian cloud-based analytics start-up Indix. Existing investors Nexus Venture Partners and Avalon Ventures took part in the round as well.
VCs commit $20m to China logistics cloud solution provider
IDG Capital Partners, Matrix Partners and Yunqi Ventures have provided $20 million in Series A funding to Olymtech Corporation, a Chinese cloud solutions specialist that focuses on the logistics industry.
Morningside, IDG provide Series B round for China’s AllMobilize
Morningside Technologies and IDG Capital Partners have invested in a Series B round of funding for AllMobilize, a Chinese start-up that helps companies create websites that are adaptive to mobile devices.