Pokemon Go creator Niantic raises $245m at $4b valuation

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The Series C was led by IVP and joined by aXiomatic Gaming, Battery Ventures, Causeway Media Partners, CRV, and Samsung Ventures.

Danone’s VC arm strikes first Asia deal, leads $25m round in India’s Drums Food

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Drums plans to use the funds to expand its distribution and cold chain capabilities, setting up its own facility as well as for inorganic growth.


Asia Digest: iKala raises $10m Series A+; GaiaWorks secures $44m

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Taiwanese iKala, among the largest Google Cloud partners, has completed a $10-million Series A+ financing round from Hotung Venture Capital and Pacific Venture Partners.


Data startup Rubrik raises $261m from Bain, Lightspeed, gets valued at $3.3b

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The latest round brings Rubrik’s total equity funding to more than $553 million till date.


Vietnamese tech startups corner $890m investment in 2018

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Fintech, e-commerce, travel tech, logistics and edtech attracted the lion’s share of the funding, TFI said.


India: Payments platform Instamojo bags $7m from Gunosy, Kalaari, others

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The investments will be used for developing the mobile app further and expanding the team.


Singapore-based Cento Ventures raising fashion, real estate-focused funds

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Cento’s LPs are mainly large strategics and corporates from South Korea and Japan.


SoftBank backs $44m funding in South Korean car-sharing startup SoCar

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SoCar will use the fresh funding to invest in research and development to offer better mobility services through its platform.


India Dealbook: Leverage Edu, Zoomtail secure fresh funding

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Edtech startup Leverage Edu has raised a pre-Series A round of funding led by early-stage venture capital firms DSG Consumer Partners and Blume Ventures.


Northern Arc, LGT Impact back $17m funding in agtech startup WayCool

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The funds will be used by the Chennai-based startup to scale up operations in southern and western India, and bolster its technology platform.