India: Livspace gets $15m from repeat backers Jungle, Helion, Bessemer

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Livspace has already raised about $12.6 million in two rounds between December 2014 and August 2015 from Helion Venture Partners, Bessemer Venture Partners and Jungle Ventures.

India: Ratan Tata, Nandan Nilekani to start microfinance company

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Ratan Tata and Nandan Nilekani are investing in microfinance firm, called Avanti Capital, from their respective philanthropic capital


Indonesia: Beauty app LYKE gets $4m; Samena Capital leads HappyFresh round

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Indonesia-based fashion and beauty app LYKE secures $4 million in Series A funding, while Samena Capital leads a new investment round in online grocery firm HappyFresh.


India Dealbook: Notion Press, Zolo & Krishi Star receive funding

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The money will help Notion Press consolidate its market leadership, strengthen its management team and expand its services in the market.


China Digest: Beijing Gene+ Tech, eBaoyang and Allcure raise funding

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China Digest: BGI closes $30m Series A in Beijing Gene+ tech; Source Code Capital backs autotech eBaoyang in $22.5M Series C


China Dealbook: Testin, Eight Days close series C funding

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Two startups in China, one in cloud testing service and one in groceries delivery, have announced to raise series C investments. While the investors in Testin were not disclosed, Eight Days said it received funding from Suning, one of China’s largest commerce platforms.


China: Douban launches film production venture,Alibaba invests $15.2m in cinema operator

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Douban has launched a film production unit while Alibaba has invested in a Hangzhou cinema operator.


India: Food delivery platform Runnr raises around $7m led by Nexus, Blume Ventures

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Food delivery platform Runnr, the combined entity which was formed after the merger of Roadrunnr and TinyOwl, has raised around $7 million co-led by existing investors Nexus Venture Partners and Blume Venture Partners, according to a Times of India report quoting sources. However, Sequoia Capital, which was also an early invest along with Nexus in  both hyperlocal logistics… Read more »


Mitra Biotech raises $27.4m in Series B led by Sequoia India, Sands Capital

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RA Capital Management and existing investors Accel Partners and Tata Capital Innovations Fund also participated in the round. The round provides an exit to Series A investors KITVEN and India Innovation Fund.


Australian startup Travello closes $952k investment

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Travello has closed an A$1.26 million venture investment to drive its international expansion and talent acquisition.