US-based music app Smule raises $20m for India expansion

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Last year Smule raised a $54 million funding round led by Chinese technology giant Tencent Holdings.

Bono

Sequoia India rejigs structure, splits investment team into growth, venture verticals

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Sequoia is also bringing on board Tejeshwi Sharma, who was managing India investments for Chinese tech giant Tencent.


Thai ICO unicorn Omise raises funding in Global Brain-led round

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The round was joined by Mitsui Fudosan’s corporate venture arm, 31VENTURES, and existing backer Indonesian VC firm Sinar Mas Digital Ventures (SMDV).


Gobi Partners leads $4.8m funding for SEA freelancing platform Fastwork

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Other investors in the round included Vickers Venture Partners, LINE Ventures and Partech Partners. The latest financing brings Fastwork’s total external funding to $5.5 million.


VCs to play significant role in the age of disruption, says SG finance minister

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Singapore finance minister Heng Swee Keat called on venture capital firms in the city-state to embrace disruption and take risks. 


India: TravelTriangle raises $3m in debt financing from Temasek-backed InnoVen

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Till date, TravelTriangle has raised $32 million across four investment rounds.


Accion, Quona Capital hit first close of new VC fund at $87.75m

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The new VC fund has a target of $225m with a focus on Asia, Latin America, and emerging markets.


Singapore: Openspace Ventures bullish on fintech, marketplace sectors

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The venture capital firm recently closed its second fund at its $135-million hard cap.


China’s GGV Capital raises $1.88b for new funds

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The latest fund brings GGV Capital’s total capital under management to about $6.2-billion across 13 funds.


GREE Ventures backs seed round for Indonesian fintech startup CROWDE

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CROWDE will use the capital to accelerate the development of its platform directed at Indonesia’s agriculture sector.