Malaysia: Touristly secures investment from Tune Labs

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Along with the investment, Touristly will also integrate its activities with companies and brands in the Tune Group, such as AirAsia’s Travel 3Sixty, Tune Hotels, Tune Protext, and AirAsia BIG.

India Dealbook: AdPushup raises funding led by Geniee; NDTV-owned Mojarto gets $445,000

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AdPushup had raised Series A funding led by Geniee Inc, while NDTV-owned Mojarto has received $445,000 investment. AdPushup raises Series A funding led by Geniee Inc Delhi and US-based startup AdPushup, that offers an ad layout optimization platform, has raised an undisclosed amount as part of its Series A investment led by… Read more »


Indonesia’s on-demand startups still ‘hot items’: Fenox Ventures

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For investors, Indonesia’s on-demand sector is quite enticing, especially in a country whose 250 million population is on a path of becoming increasingly urbanized, connected, and technology savvy.


India: Microfinance lender Chaitanya Rural raises $7m in Series C round

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The company plans to use the latest round of funding to increase its branch network and operations in the existing states as well as for expansion into the northern states of India.


Indonesia: Alodokter closes $2.5m round led by Golden Gate Ventures

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Alodokter has closed a $2.5 million Series A investment in a round led by Golden Gate Ventures, 500 Startups and entrepreneur Lim Dershing. All three are returning investors, having participated in its seed round in April 2015. Alodokter released a mobile app in March 2016, to complement a news portal discussing healthcare and wellness matters.


Japan Dealbook: Raksul secures $20m, Eisai partners Mamorio to treat dementia

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Printing startup Raksul has secured $20.2 million funding while Eisai, in conjunction with startup Mamorio have collaborated on a tracker for those with dementia.


Australia: Westpac-backed Reinventure launches $38.2m venture fund

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Westpac-backed VC firm Reinventure has announce a new A$50 million startup fund targeting fintech ventures in Australia.


Singapore: Fatfish exits HR platform Nvoi through ASX-listing

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Fatfish’s first investment in Australia, Nvoi has a market capitalization at A$37 million ($28.3 million) as by August 3. The venture accelerator has fully sold its shareholdings in Nvoi, which has generated an internal rate of return of 80 per cent within 12 months.


Tata fund could set the template for India’s rich

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Tata Sons Ltd chairman emeritus Ratan Tata is in the midst of preparations for entering the venture capital business. A $100-150 million fund, Mint reported this week, is in the works. RNT Associates, Tata’s privately held investment firm, has registered UC-RNT Fund (UC stands for the University of California, a partner… Read more »


China: Edtech firm VIPKID raises $100m from Yunfeng, Sequoia

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Chinese online education firm VIPKID has raised $100 million in series C funding round from investors that include Yunfeng Capital, the firm co-founded by Alibaba CEO and founder Jack Ma. Others participating were existing investor Sequoia, and a Silicon Valley VC that is not yet being disclosed, TechCrunch reported. VIPKID… Read more »