Venture
KDDI, Jafco invest $12m in Japan news app Gunosy
Japanese telecom giant KDDI Corp. has led a JPY1.2 billion ($11.8 million) round of investment in news app developer Gunosy.
Milestone leads $35m Series B round for JHL Biotech
Milestone Capital has led a $35 million Series B round of investment for JHL Biotech, a Taiwan-based biopharmaceutical company.
Nadathur invests $10m in Indian risk management provider
Nadathur Holdings has invested $10 million in Paladion Networks, an Indian technology firm which provides information risk management.
China vacation rental site raises $100m from VC investors
Venture capital investors have committed $100 million in Series C funding to Tujia.com, a Chinese vacation-rental website. The company has now raised $164 million since inception.
SoftBank's VC arm to help Kony expand in Asia
The VC arm of Japan’s SoftBank Corp. has led a $50 million round of funding for US-based Kony with a view to helping the enterprise mobility company expand in Asia.
CyberAgent launches $50m start-up fund
CyberAgent Ventures, the corporate VC arm the Japanese internet firm, has formed a new fund worth JPY5 billion ($49 million).
China's UCloud raises $50m Series B round
UCloud, a China-based cloud services provider, has raised $50 million in a Series B round of funding led by Legend Capital and existing investor Bertelsmann Asia Investments.
VC-backed Xunlei sets terms for $92.5m US IPO
Xunlei, a Chinese file-sharing and download management platform backed by a string of VC firms, is seeking to raise up to $92.5 million through its US IPO.
Sequoia, TOM Group support HK P2P lender WeLab
Sequoia Capital and Asian billionaire Li Ka-Shing's TOM Group have invested $14 million in WeLab, the start-up behind peer-to-peer (P2P) lending platform WeLend.hk, in a Series A round of funding .
Intel Capital leads $16m round for India's Vizury
Intel Capital has led a $16 million Series C round of funding for Indian client relations management (CRM) platform Vizury.
Khosla, Battery lead $9.2m Series B for HackerRank
Khosla Ventures and Battery Ventures have led a $9.2 million Series B round of funding for Indian hacker platform HackerRank.
Tiger Global leads $31m Series D round for India's Freshdeck
Tiger Global Management has led a $31 million Series D round of investment in India's Freshdesk, a provider of a software-as-a-service (SaaS) customer support platform.
VC-backed Cheetah Mobile buys HK mobile advertising firm
Cheetah Mobile, the US-listed internet security software backed by Matrix Partners and Tencent Holdings, has acquired mobile advertising firm HongKong Zoom Interactive Network Marketing Technology in a deal worth around $30 million.
Japan's KSP reaches $11m first close on fourth venture fund
Japanese incubator KSP has reached a JPY1.2 billion ($11.7 million) first close on its fourth venture investment fund.
Alibaba acquires remaining shares of VC-backed UCWeb
Chinese e-commerce giant Alibaba Group has bought all the remaining shares of VC-backed mobile-browser firm UCWeb.
China online social shopping platform Mogujie raises $200m
Mogujie, a Chinese online shopping platform and social network, has raised $200 million in a Series D round of funding led by Hopu Investments and Trustbridge Partners. Existing investors Qiming Venture Partners and IDG Capital Partners also participated....
Mayfield invests further $5m in India ATM surveillance firm
Mayfield Fund has invested an additional INR300 million (over $5 million) in Indian ATM e-surveillance firm Securens Systems through a subscription to preference and equity shares.
India's FashionandYou raises $10m Series D round from VCs
Indian discount e-commerce fashion site FashionandYou.com has raised $10 million from new and existing investors in a Series D round of funding including Sequoia Capital, Smile Group, Norwest Venture Partners, Intel Capital and Nokia Growth Partners....
Singtel's Amobee acquires VC-backed Adconion, Kontera
Amobee, the mobile ad company owned by Singapore telecoms giant SingTel, has acquired two VC-backed digital ad firms: Adconion and Kontera, for $235 million and $150 million, respectively.
GrabTaxi's scale proposition
Two tears ago, Anthony tan was pitching taxi fleets in Kuala Lumpur. His idea for a mobile phone app that could be used to make taxi bookings came runner-up in Harvard Business School's (HBS) 2011 business plan contest. Turning it into a reality was proving...
China VCs cautious on strategic capital – AVCJ Forum
Trade sales to Chinese internet giants represent an alternative exit route for traditional venture capital players, but buyers must have a clear roadmap for developing the portfolio companies, VC investors told the AVCJ China Forum.
Cyberagent leads Series A for 3D printing start-up
Cyberagent Venture, the corporate VC arm of internet firm Cyberagent, has led a $2 million Series A round of investment in Japanese 3D printing service Kabuku.
Inspire Ventures leads $10m round for Thailand's aCommerce
Inspire Ventures has led a $10.7 million Series A round of funding for aCommerce, a Thailand-based e-commerce services provider.
KDDI invests $1m in Japan handiwork marketplace
KDDI Open Innovation Fund, the early-stage investment vehicle backed by Japanese telecoms giant KDDI, has invested JPY100 million ($1 million) in Creema, an online consumer-to-consumer (C2C) market for handmade items.