Australia Digest: Worldpay launch; Uniti funding; US Skatespot buys startup

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Worldpay enters Australia as part of its global expansion plan, Uniti Wireless scores a multi-million dollar investment and US-based competitor Skatespots buys Australian rival.

Exclusive: After aggressively investing in India, HK-based Swastika turns to Africa

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With a ticket size of up to $250,000 at the seed stage, Swastika’s portfolio includes SimplyMoveIn, Bangalore-based online used-books marketplace AbeRuk, Gurgaon-based on-demand concierge startup Qlivery, restaurant deals startup Pocketin and Gurgaon-based beauty and wellness startup Stylofie.


India: Sequoia-backed Knowlarity in talks to raise up to $40m

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The last fund-raising at Knowlarity happened in July 2014, when it raised $16 million from Sequoia and Mayfield Advisors.
In 2012, Knowlarity had raised around Rs.34 crore from Sequoia.


India: Online lingerie brand Buttercups Intimates raises pre-series A round

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Online lingerie brand Buttercups Intimates Pvt. Ltd said it has raised a pre-series A funding from online marketplace Snapdeal’s former chief product officer Anand Chandrasekaran, and its existing angel investors Kanwaljit Singh and Manoj Varghese.


India: Venture capital market comes of age with over a dozen new firms in 2016

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We take a look at five interesting new venture capital firms that have slightly varying mandates but the same goal — discovering the next generation of high growth startups in India.


China Digest: Haier invests $10m in 9KaCha; CDF leads $12m round in Touzhijia

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China Digest: Haier pumps $10m in 9KaCha; CDF leads $12m Series A round in Touzhijia


India Dealbook: Startups Innovaccer, Crofarm, Faircent raise funds

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Big data startup Innovaccer, agri-tech firm Crofarm, and pee-to-peer lender Faircent have raised funds. Big data startup Innovaccer raises $15.6m led by Westbridge Capital US-based big data startup Innovaccer has raised $15.6 million in series A funding led by Westbridge Capital Partners. Angel investors including former Yahoo CTO Raymie Stata, founder… Read more »


Malaysia: AVANA secures $498k from Cradle Seed, Captii

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AVANA, formerly Square.my, a digital merchants solution, has secured $498,274 from Cradle Seed Ventures (CSV) and Captii Ventures, a multi-stage Southeast Asian investment firm.


India Digest: Qatar fund may back CoWrks; Suvidhaa in process of raising $10m

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Qatar Investment Authority is likely to have backed community workspace startup CoWrks and domestic remittance firm Suvidhaa is in the process of raising $10 million. Qatar Investment Authority may back community workspace startup CoWrks CoWrks, a community workspace venture, is likely to have raised an undisclosed amount of funds from Qatar Investment Authority,… Read more »


Russia Dealbook: SmartCAT raises $2.8m from RedSeed; Softline secures $40m

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Translation management system provider SmartCat has secured $2.8 million in seed funding from Russian fund RedSeed while software licensor and IT service player Softline has received $40 million.