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.

Japan’s SoftBank to lead $700m funding in Katerra, valuation to touch $4b

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Last year, SoftBank had also led Katerra’s $850 million Series D round of financing.


SG’s SEEDS Capital, partners to co-invest $66.6m in agtech startups

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The seven co-investors are AgFunder, Hatch, ID Capital, Openspace Ventures, The Yield Lab, Trendlines and Visvires New Protein.


Japan’s Mitsui-backed Magenta Venture launches $100m fund for Israeli startups

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The new fund will focus on automotive, mobility, AI, smart cities, Industry 4.0, enterprise software and fintech.


India Dealbook: Vogo, Paisadukan, Crofarm secure funding

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Bengaluru-based bike rental startup Vogo has raised $8.95 million as part of an ongoing Series B funding round.


Flipkart co-founder Sachin Bansal invests $21m in Ola, may inject more

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As part of the same round, Ola recently received $74 million from existing backer Steadview Capital.


Southeast Asia to witness more acquihiring: Access Ventures’ Charles Rim

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The demographics and talent pool of Indonesia and Vietnam are the key reasons for Access Ventures to select these markets to focus on in Southeast Asia, said Rim.


Valuation concerns dampen activity in seed stage VC deals in India

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After the heady funding frenzy of 2015-16, investors also became more cautious on early-stage bets, which did not yield the expected returns.


India’s Scripbox raises $21m in funding round backed by Accel, Omidyar

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The startup, which had last raised an undisclosed amount from Omidyar and Accel in 2016, is said to be valued at $110 million after the latest financing.


India Dealbook: Alteria invests in Faasos; Venture Catalysts backs Grexter

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Faasos is looking to raise a total of $100 million to enter overseas markets and to expand its product offerings within the country.