India Dealbook: Kae Capital backs Learntron; TempoGO gets seed funding from K2 Capital


Early stage investor Kae Capital has back ed-tech startup Learntron, while transport tech TempoGo has raised seed funding from K2 Capital. Kae Capital backs ed-tech startup Learntron Learning technology startup Learntron has raised an undisclosed amount of funding from Mumbai-based early-stage investor Kae Capital in its pre-Series A round of funding. Learntron,… Read more »

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A clerk counts Chinese yuan and U.S. dollar banknotes at a branch of Bank of China in Taiyuan
Singapore Institute of Management Atrium. Credit: Flickr/Sue
We see tremendous opportunities to partner with incubators: Alan Wong, SIM’s Platform E

The Singapore Institute of Management (SIM) is keen to collaborate with overseas institutions to widen the scope of its latest initiative called Platform E, which is aimed at training and helping entrepreneurs, incubate business ideas and accelerate go-to-market activities for entrepreneurial ventures. SIM plans to invest S$50 million ($35.2 million) to support the development of future… Read more »

U.S. 100 dollar banknotes and Chinese 100 yuan banknotes are seen in this picture illustration in Beijing, China, January 21, 2016. REUTERS/Jason Lee
Blockchain visual. Credit: Wikimedia Commons
Goldman, JPMorgan to invest in blockchain startup Axoni

Goldman Sachs Group Inc, JPMorgan Chase & Co and a group of other financial institutions including inter-dealer broker ICAP Plc’s venture arm are finalizing an investment in blockchain startup Axoni, people familiar with the deal said this week. The investment will be in a range of $15 million to $20 million, one… Read more »

Andrew Tan
2017 going to be an year of down-rounds: TinkBig’s Andrew Tan

Amid hopes of an active 2017 for venture capital firms in the region, Malaysia’s TinkBig Venture has cautioned of a down-round next year with valuations going down by about 40 per cent for startups who cannot change their track in the coming few months.

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India: Tech major Infosys backs drone startup ideaForge

Indian information technology firm Infosys has invested an undisclosed amount of funding in ideaForge, an Indian startup focused on Unmanned Aerial Vehicle (UAV) solutions, the company said in a statement. The technology major has made the investment through its Infosys Innovation Fund that invests in startups who deliver solutions in domains relevant to… Read more »

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India: Matrix-backed OfBusiness raises $11m led by Zodius Capital

Gurgaon-based OfBusiness, an online marketplace for business to business (B2B) commerce has raised Rs 75 crore ($11 million) in its Series B round led by Zodius Capital, said a Times of India report. The latest funding round, which also saw participation from existing investors Matrix Partners and angels, is to help the Gurgaon-based… Read more »

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Karan Jain, Co-founder & COO, Anupam Agarwal, Co-founder & CEO, Revv