Venture
Invictus Oncology gets $2m from Navam, Aarin
Indian investors Navam Capital and Aarin Capital have invested INR10.5 million ($1.88 million) in Delhi-based Invictus Oncology as part of a Series A round of funding.
Globis upbeat on Fund IV first close
When Japanese tech-focused VC Globis Capital Partners raised its third fund in 2006, it was against a very different backdrop. The process took just four months and the vehicle closed at JPY18 billion, JPY3 billion over target.
VC-backed companies lead the way in Australia R&D - study
Venture capital-backed companies in Australia spend an average 200 times more on R&D per employee than other businesses, according to a report by the Australian Private Equity & Venture Capital Association (AVCAL).
China's Kaida VC invests in VTL Associates
China’s Suzhou Industrial Park Kaida Venture Capital has invested in VTL Associates, a Philadelphia-based financial consulting firm that develops equity and fixed income indexes.
East Ventures leads seed funding round in Japan's TwitCasting
East Ventures has led a JPY64.8 million ($633,000) round of seed funding in Moi Corp., the Japanese company behind social video application TwitCasting.
China's LightInTheBox sets IPO terms, targets up to $87m
VC-backed Chinese online retailer LightInTheBox plans to raise up to $87 million through its IPO on the New York Stock Exchange (NYSE).
Kae Capital seeds India language-learning platform
Indian venture capital firm Kae Capital has invested an undisclosed amount for a minority stake in Intap Labs, the start-up behind language-learning platform CultureAlley.com.
Sequoia leads $5m investment in Indian energy drink maker
Sequoia Capital, Catamaran Investment and FootPrint Ventures have put $8 million (INR 440 million) into Hector Beverages, owners of energy drink brand Tzinga.
Japan's Globis reaches $78m first close on Fund IV
Tokyo-based venture firm Globis Capital Partners has reached a first close on its fourth fund a JPY8 billion ($78 million). Globis Fund IV, will focus on Japanese companies looking to capitalize on high-growth Asian markets as well as those in the domestic...
Q&A: Intel Capital's Sudheer Kuppam
Sudheer Kuppam, managing director for India, Japan, Australasia and Southeast Asia at Intel Capital, outlines his plans to usher Asian consumers onto technology platforms by meeting local needs in local languages
Survival of the fittest: China's internet giants go toe to toe
China's internet giants are on an acquisition spree as they seek to diversify their product platforms and carve out competitive positions in a battle that is likely to see valuations rise and rise
Four VCs invest in China Bama Tea Series A round
IDG Capital Partners, Tiantu Capital, Shenzhen-based Cowin Capital and Tianjixing Capital have jointly invested in a Series A round of funding for Anxi Bama Tea worth RMB150 million ($24 million).
Sequoia's Shen remains top Asia VC in Midas List
Seven Asia-based investors have made it on to the 2013 Forbes Midas List of leading global venture capitalists. This compares to 10 last year, although an increasing number of US resident members are known for backing Chinese and Indian start-ups.
Baidu buys VC-backed PPS' online video platform
Baidu has agreed to pay $370 million for PPS’ online video business, creating an exit opportunity for the company’s venture capital backers. Ceyuan Ventures, Qiming Venture Partners and Vision Knight Capital have invested in PPStream in the last seven...
Accion backs Asian financial services start-ups
Non-profit microfinance pioneer Accion will provide funding to three Asian start-ups through its $10 million seed initiative, Venture Lab. Singapore-based Coda Payments, Demyst Data and Indian education access provider Varthana are among the five businesses...
Leopard exits Cambodia's Kulara Water
Leopard Capital has exited its entire investment in Cambodia's Kulara Water to the company's founding shareholder. Details of the transaction were not disclosed.
Korea's Kakao, government to launch start-up fund
South Korean mobile app developer Kakao has teamed up with the South Korean government to launch a KRW30 billion ($27 million) fund aimed at supporting start-ups. The Small & Medium Business Administration (SMBA) will back the Kakao Young Entrepreneur...
India's education sector: Learning curve
There is no shortage of demand for services or investment opportunity in India’s education sector, but negotiating overcrowding and heavy regulation requires a clear strategy
Chinese IPOs in the US: Green shoots
Online retailer LightInTheBox is seeking to become only the third Chinese company to list in the US in more than a year. But has investor sentiment emerged from its long winter?
Intel Capital backs South Korean mobile tech maker
Intel Capital, the US chipmaker's corporate VC arm, has invested an undisclosed amount in Zinitix, a South Korean developer of touchscreen controller technology for mobile devices. The funding will help the company expand into other rapidly growing markets...
Helion, Ventureast invest in tech firm Selcore
Indian VCs Helion Venture Partners and Ventureast Proactive have made a joint investment in enterprise information rights management (IRM) provider Selcore. The financial details of the deal were not disclosed.
Nexus-backed Eka Software acquires Canadian tech firm
Nexus Venture Partners-backed Eka Software Solutions, an Indian commodity trading software provider, has acquired EnCompass Technologies, a Canadian energy and commodity trading technology firm.
Vickers Venture exits Singapore's Asian Food Channel
Singaporean venture firm Vickers Venture Capital has exited its investment in the Asian Food Channel after it was acquired by USA’s Scripps Networks Interactive. The details of the transaction were not disclosed.
SingTel Innov8 leads $5m Series A round in China's Yodo1
SingTel Innov8, the VC unit of Singapore's SingTel Group, has led a $5 million round of Series A funding in Chinese smartphone game publisher Yodo1. Original investor Chang You Fund also took part in this latest round.