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India's AppsDaily raises 16m Series C from Zodius, others
Zodius Capital has led a $16 million Series C round for Indian mobile app developer and distributor AppsDaily, with participation by current investors Kalaari Capital, ru-Net Ventures and Qualcomm Ventures.
Japan news app raises another $10m from VCs
SmartNews, the Tokyo-based start-up behind the news curation app of the same name, has raised $10 million in another round of funding led by Japanese internet gaming firm Gree.
Japan's Beenos leads $2.5m Series A for flea market app
Japanese e-commerce incubator Beenos has led a $2.5 million Series A round of funding for Southeast Asian flea market app Duriana. Existing investors also took part in the round.
Mayfield, Kalaari back India-based travel itinerary site
Kalaari Capital and Mayfield have committed $3 million in Series B funding to Indian travel planning site TripHobo.
India's LimeRoad raises $30m Series C round
Tiger Global has led a $30 million Series C round of funding for India LimeRoad, an online social discovery platform aimed at women. Lightspeed Venture Partners and Matrix Partners India also took part in the round.
Banyan leads $50m Series A for China education platform
Banyan Capital has led a $50 million Series A round of funding for Genshuixue, committing $41 million to the online education platform.
CMC, New Horizon lead $60m round for China education site
CMC Capital Partners and New Horizon Capital have co-led a $60 million Series D round of funding for Yuantiku, valuing the Chinese online education platform at $360 million.
Peesh Venture Capital launches $50m fund, India accelerator
Early-stage investor Peesh Venture Capital (PVC) has launched a $50 million fund and accelerator targeting Indian start-ups.
Tiger Global leads Series A for Indian social network Roposo
Indian fashion-centric social network Roposo has raised $5 million in Series A funding led by Tiger Global.
China sex toy online retailer Chunshuitang raises $13m
New Margin Ventures and Shenzhen Cowin Capital have committed RMB80 million ($13 million) in a Series B round of funding for Chunshuitang.com, a Chinese sex toy e-commerce site.
ChinaEquity leads Series B round for education site Juesheng
ChinaEquity, a Beijing-based private bank engaging in PE and VC investments, has led a Series B round of funding for Juesheng.com, a Chinese education-focused online marketplace.
Japan's Zozotown acquires VC-backed Aratana
Start Today - the Japanese start-up behind fashion site Zozotown - has acquired VC-backed e-commerce solution provider Aratana.
Greenoaks leads $25m investment in India hotel marketplace
US investment firm Greenoaks Capital has led a INR1.5 billion ($24 million) investment in Oravel Stays, the start-up behind India-focused online budget hotel marketplace OyoRooms.com.
Australia revises employee share scheme law
The Australian government has given start-ups a boost with the much-anticipated introduction of a bill that means employees can defer paying tax on share options until they are actually converted into shares.
China travel social media site raises C round
Mafengwo, a Chinese travel social media platform, has raised a Series C round of funding from Hillhouse Capital Management, Qiming Venture Partners, hedge fund Coatue Management and technology firm Cobuilder.
GGV boosts China internet of things exposure
GGV Capital has added three Chinese firms to its internet of things (IoT) portfolio, increasing its total holdings in the sector to eight companies.
Taiwan’s 91App raises $9m from AppWorks, CID
91App, a Taiwan-based start-up that helps e-commerce companies set up mobile apps, has secured a Series A round of funding worth $9 million led by local incubator AppWorks.
Japan's Livesense buys VC-backed e-commerce start-up
Livesense - a Japanese internet company known for its flagship career search site Jobsense - has acquired a 71.7% stake in VC-backed e-commerce start-up Waja for JPY400 million ($3.3 million).
TA sees promise in YeePay's offline offering
China's third-party online market hit RMB8.08 trillion ($1.3 trillion) by gross merchandise volume (GMV) last year. Alipay, Alibaba Group's payment platform, is the dominant player with a 49.6% share, according to consultancy iResearch. Tencent Holdings'...
India’s Premji and China’s Tencent back US mobile OS start-up
Premji Invest, the family office of Wipro Enterprises chairman Azim Premji, led an $80 million Series C round for US mobile operating system developer Cyanogen.
Indian online tea seller raises $6m
Indian tea retailer Teabox has raised $6 million in a Series A round led by JAFCO Asia, with participation from Keystone Group and Dragoneer Investment Group, and existing investor Accel.
Accel raises $305m for India fund
Venture capital firm Accel Partners has raised $305 million for its fourth country-focused fund to invest in Indian start-ups.
Chinese smart bicycle maker raises $15m
700Bike, a Chinese smart bicycle manufacturer, has raised a Series A round of funding worth $15 million from Banyan Capital, China Growth Capital and IDG Capital Partners.
VC-backed Gunosy files for Tokyo IPO
Gunosy - a Japanese news app developer backed by the venture capital firm Jafco, telecoms company KDDI Corp. and B Dash Ventures - has filed for a Tokyo IPO.