Australia: HR startup Deputy closes $25m Series A; Queensland to disburse A$9m in grants to accelerators

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HR startup Deputy has closed a $25 million Series A round and the Queensland state government is disbursing up to A$9 million in grants to four different startup accelerators.

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Alibaba Group invests $6m in Israeli AR startup Lumus

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Israeli AR startup Lumus has secured $6m from Chinese e-commerce major Alibaba Group.


India Digest: Fintech startup Connaizen & logistics firm Ezytruk raise funding

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Ezytruk is a cloud-based software as a service (SaaS) application working on a pay-per-use model for both the carriers and shippers.


Philippines’ Ayannah wins Fintech Finals 2017 in Hong Kong

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The Philippine-based mature stage startup was awarded with $10,000, and was also invited for a co-creation engagement with Visa at its Innovation Center in Singapore.


Alibaba’s UCWeb to invest $30m in India and Indonesia in next 2 years

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Funds will be used to tap huge potential of user-generated content in India.


India: GIC-backed deals discovery platform Little acquires Stylofie

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This marks the second acquisition by Little, after it acquired Trideal in 2015.


Singapore: CoolBitX raises $200k led by Midana Capital

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CoolBitX has raised S$280k on crowdfinance platform FundedHere, in a round led by Malaysia’s Midana Capital.


India: Markdowns, high profile exits, job cuts mark a forgettable 2016 for startups

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For Indian Internet startups, last year turned 2015 on its head


Vietnam accelerator VIISA launches first portfolio of startups

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Promising teams will get up to $200,000 in follow-on funding.


India: Urban Ladder in talks for up to $30m to fend off rivals

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Existing investors Kalaari Capital, SAIF Partners and Sequoia Capital are likely to participate.