Indian IT major Infosys to invest $10m in US-based VC fund

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The VC fund, House Fund II, primarily targets startups launched by students, alumni and faculty of the University of California, Berkeley.

Singapore data firm Dathena closes round led by Japan’s MS&AD Ventures

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Dathena enables data identification, compliance, and protection by harnessing the power of AI.


China’s Qiming Ventures leads $42m funding for Abbisko Therapeutics

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The funding round brought Abbisko’s total funding to date to $70 million.


China’s NewMargin Ventures holds first close of $1.5b RMB fund

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The fund has received commitments from guidance funds operated by the Shenzhen municipal government and Nanshan district, as well as China Everbright.


Vietnamese influencer platform Hiip bags 7-digit funding led by Thai Vnet Capital

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Japan Strategic Capital, Tokyo-listed Rentracks and Vulpes Investment Management also participated in the round.


Delhivery raises $413m led by SoftBank Vision Fund, bags unicorn tag

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This round, which saw the participation of existing investors Carlyle and Fosun, will see the valuation of the company shoot up to over $1.5 billion.


India Dealbook: Healofy, Voiro, Transport Hub secure funding

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Parenting social network startup Healofy has raised $10 million in a Series A round of funding.


Singapore’s iVideoSmart raises $4.5m led by Kickstart Ventures

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Kickstart Ventures is the VC arm of Philippine telco giant Globe Telecom. It is also backed by Ayala Corporation and Singapore’s Singtel.


Morningside leads $11m Series A funding for staff marketplace Jitjatjo

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Launched in 2016, Jijatjo had earlier raised pre-seed and seed rounds totalling $6.9 million.


Sovereign wealth funds placed record venture capital bets in 2018

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Singapore’s GIC and Temasek, first movers into VC among sovereign funds, accounted for 60% of deals in 2018.