The online course sector is expected to grow in Asia, namely in Japan with the latest investment including a deal courted by Itochu Technology Ventures, Anri Fund and Incubate Fund. The three invested $1.5m in Japan-based Schoo.
Month: July 2013
IDG goes nuts for Three Squirrels
Healthy snacks are all the rage across Europe and Asia, but not all brands deliver direct to your door in Asia. IDG has backed a relatively new food brand, Three Squirrels,that has gained a big customer following in China.
Fluxflex has its converts
CyberAgent Ventures, Archetype and GMO Payment Gateway buy convertible notes in API hosting site FluxFlex.
Fuji, Gumi and B Dash set up A-lim
The gaming market in Japan is very competitive, but Fuji Startup Ventures, Gumi Ventures and B Dash Ventures have teamed up in a new gaming venture called A-lim that has the marketing power behind it to make a huge splash.
ShopClues searches for $50m boost
ShopClues.com, India’s first and currently largest managed marketplace that connects buyers and sellers, is looking to raise between $30m and $50m following on from its January 2013 series C funding round that was worth $10m. The last round was backed by Helion Venture Partners, Nexus Venture Partners and Japan’s Netprice, which is backed by IT… Continue reading ShopClues searches for $50m boost
Bit-isle, Simplex, Movida test waters in $4m Shift deal
Software testing is crucial, especially for clients in the financial services and consulting industry. No surprise then that Japan-based Bit-isle, an IT and internet data company, has made a strategic investment in Japan software testing company, Shift.
Amadeus rings up $75m first close with MTN
MTN Group, a South Africa-based telecoms group, has become the cornerstone investor in the Amadeus IV Digital Prosperity Fund, which is the latest fund raised by venture capital firm Amadeus Capital Partners, taking it to a $75m first close. The fund will see Amadeus invest in late stage venture and growth companies in mature markets,… Continue reading Amadeus rings up $75m first close with MTN
Myntra out shopping for $100m
IDG-backed Myntra Designs, which runs lifestyle e-commerce site Myntra.com, is looking to expand across India.
Goldman, Temasek book $110m in Cloudary
The e-book industry is heating up in China and Goldman Sachs and Temasek Holdings are hoping that Cloudary will be a page turner.
CommonFloor.com looking to build on $7.5m deal
Tiger Global Management and Accel India have come back for another round of funding in CommonFloor.com, an India-based online property portal which is open to strategic investment.
Tata investment in Pluss Polymers gets topical
Tata Capital Innovations Fund, the corporate venturing unit of India-based industrial group Tata, has invested $2.5m (Rs15 crore) in India-based Pluss Polymers, an India-based company that specialises in the business of research, development and manufacture of specialised polymers and Phase Change Materials (PCMs). Specialised polymers are created to enhance properties of polymer compounds in white… Continue reading Tata investment in Pluss Polymers gets topical
Wayra’s Parker off to Australia
Head of European Operations leaving Wayra.
J&J takes up ViaCyte rights offering
Regenerative medicine company raises $10.6m through series C-1 rights offering.
Tsinghua’s smart money
While some commentators are scratching their heads over Tsinghua University’s unsolicited $1.3bn buyout offer of smartphone chipset manufacturer Spreadtrum Communications, it really shouldn’t come as a surprise that the institution wants in on the smartphone market. The technology behind the smartphone would even have Captain Jean Luc Picard ditching his tricorder, but what’s more astonishing… Continue reading Tsinghua’s smart money