Venture debt finds more takers in SEA as Innoven closes 20+ deals in FY17

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Innoven’s Southeast Asia arm invested in travel-booking services company Oway, live-streaming platform M17 Entertainment, online Korean-beauty store Althea and fintech services provider Akulaku, among others, in 2017.

Indian VC firms struggled with exits in 2017 with SoftBank accounting for most raises

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Biggest driver behind the jump in exits in India was SoftBank.


India: Startups hit with reality-check as VCs turn choosy with their money

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More than half of all start-up funding in 2017 went to just three companies – Flipkart, Paytm and Ola.


India: Venture debt provider InnoVen disbursement up 25% in 2017 at $75m

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Temasek-backed InnoVen added 22 new companies to its portfolio including Blackbuck, Pepperfry, NestAway, ShopClues and Mswipe.


China: Fresh fruit chain Pagoda raises $230m in series B

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Pagoda is planning to use the latest proceeds to develop its fresh fruit supply chain.


APAC Digest: Coinsilium ups stake in SG’s Indorse; Korea’s Entcrowd raises $186k

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UK-based Coinsilium has acquired an additional 3.5% stake in Singapore-based professional social network Indorse for S$175,000 ($131,194).


China’s Kr Space raises $92m in funding from IDG Capital, Gobi, others

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A spin-off of Ant Financial-backed 36Kr, Kr Space operates 30 co-working spaces in eight cities in China.


Chinese finance platform Black Fish raises $145m from Gobi, Lightspeed, others

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Others who participated in the round include Morningside Venture Capital, JAFCO Asia, Fullcent Capital and Zhang Tao, founder of Dianping.com. 


India: Saas startup Moneytor raises funds from 500 Startups, others

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Moneytor helps financial institutions better manage collections from loan defaulters


Vietnam: Leflair raises $3m Series A led by Capital Management Group

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The latest transaction brings its aggregate equity financing to nearly $5 million.