Indonesian auto platform Mobilkamu raises Series A funding round

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The financing was led by East Ventures and Genesia Ventures and backed by Denali Mitra.

Mobilkamu

Moonrise Capital holds first close of debut China-focused fund

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The venture capital fund, Moonrise China Partners I, was launched in February 2018 with a target of $125 million.


Starbucks sets up $100m venture fund to invest in food and retail startups

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The fund, Valor Siren Ventures Fund, will later seek to raise an additional $300 million.


India Dealbook: Orios leads funding for BeatO; A91 Partners backs Paper Boat

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BeatO will utilise the funds to increase its user base and revenue, which it claims have grown 10X over the last 12 months.


Bain Capital Ventures invests in Indian crypto trading platform CoinDCX

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The company will use the funds to scale its technical infrastructure and introduce new products.


India: Early-stage investor DSG Consumer Partners floats third fund

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The VC had closed its second fund at $50 million in 2017.


India Dealbook: HalaPlay, Mayfair, Yearbook Canvas, FrontdeskAI secure funding

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Online fantasy gaming platform HalaPlay has raised $5.8 million (Rs 40 crore) in Series A funding round led by Nazara Technologies and Delta Corp.


India: Pine Labs acquires QwikCilver in $110m deal, Sistema Asia Fund exits

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Sistema Asia fund said it exited the company with multifold returns within three years of its investment.


India: Fintech startup Cred seeks to raise $100m in fresh funding

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Sequoia Capital, RPT Global, China’s Morningside Ventures and the personal office of Russian billionaire DST Global were among those who invested in Cred’s seed fund raise last year.


Crypto intelligence platform CoinNess raises Series A from ShunWei Capital, others

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CoinNess offers trade information and real-time price index with insight related to crypto/block chain.