India: Home rental firm NestAway raises $30m led by Tiger Global, Yuri Milner

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The round was led by American investment firm Tiger Global, Yuri Milner—founding partner of DST Global—and IDG Ventures India. Flipkart Ltd’s former head of operations, Sujeet Kumar, also participated in the investment round. Tata group chairman emeritus Ratan Tata had participated in the previous round of funding.

Vietnam’s e-learning startup Kyna.vn raises seed round from CyberAgent Ventures

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Vietnam-based e-learning platform Kyna.vn has raised an undisclosed round of seed funding from CyberAgent Ventures, a Japanese investment firm.


Philippine tech startup CloudSwyft raises $200k from Future Now Ventures

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Philippine tech startup CloudSwyft Global Systems raised $200,000 in seed fund from venture capital Future Now Ventures.


Singapore’s TabSquare raises $2.57m Series A led by Walden International

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“TabSquare’s platform offers solutions that improves productivity by lowering labour and operational costs while powering-up revenues with data-driven, customised recommendations for diners.” – Pang Heng Soon


VC investments in Indian startups plunge for 2nd quarter in a row, down 24% in Q1

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Investors infused some $1.15 billion into Indian start-ups in the first three months of this year, down almost a quarter on a sequential basis


GREE launches $12m fund targeted at virtual reality content startups

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The fund is managed by San Francisco-based GREE VR Capital LLC, and has already invested in two VR-related companies – VRChat Inc, and SPACES, Inc.


India: Aavishkaar Venture plans to raise new fund of $300m this year

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“Before the end of this year we will announce the first close of this fund with around $225 million of international money and Rs 500 crore ($75 million) raised in India,” said Vineet Rai, CEO of Aavishkaar.


Malaysia to operationalise P2P financing for SMEs early 2017, first in region

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P2P financing in Malaysia will be exclusively for businesses – sole proprietorships, partnerships, incorporated limited liability partnerships, private limited and unlisted public companies to access market-based financing to fund their projects or businesses, via an electronic platform.


Asia venture capital deal activity falls further from record high of last year

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With investor confidence eroding, VC deals in Asia declined for the second straight quarter, falling to half of its $14.3 billion high set in Q3’15.


Uniseed leads $4m investment in probiotics drinks firm PERKii

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Brisbane-based Uniseed has led a $1 million investment in probiotics drinks ventures PERKii.