Indian gaming startup GameXS receives angel funding from Lead Angels

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Online gaming store GameXS has secured an undisclosed amount in angel funding from Mumbai-based seed-stage angel network Lead Angels, according to a press statement. The Gurgaon-based startup offers a collection of pre-owned Xbox 360, Xbox One and PS3, PS4, PS Vita, Wii U, PC games in India along with the unique… Read more »

Malaysia: Cradle Fund partners four more equity co-investors, fund size surpasses $25m

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Malaysia’s early-stage startup influencer Cradle Fund Sdn Berhad has announced its fourth batch of equity co-investors, collectively adding MYR50.5 million ($11.84 million) to its equity co-investment programme which was first announced last year in November. The latest to join Cradle’s co-investment troupe are Senior Marketing System Asia Pte Ltd (SMS… Read more »


Jungle Ventures clocks 65% commitment for $100m fund from Singapore’s Temasek & NRF, Kumar Malavali, Prabhu Goel & Indonesia’s Orion

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Singapore-based early stage investor Jungle Ventures, has clocked 65 million in commitments, for its $100 million second investment fund, its founders and managing partners, Anurag Srivastava and Amit Anand, said in an interaction. The duo also said that Jungle Ventures II, LP fund has hit its first close, a development that… Read more »


India: Venture debt firm Trifecta Capital raises about $30m for debut fund

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Trifecta Capital Advisors LLP, India’s first independent venture debt firm, has raised a little over Rs.200 crore (around $30 million) in capital commitments as part of the first close of its debut fund. The New Delhi-based fund, dubbed Trifecta Venture Debt Fund I, has a final target corpus of Rs.500… Read more »


Indian venture capital activity to see record highs in 2015: Preqin

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India reached a record high in venture capital fund-raising, deals and exits in 2014, but investments this year might surpass that, says a new report. Deal-making activity in 2015 has been on a steeper growth path, powered by internet-led companies that are frontrunners in terms of number of deals and value of funds raised…. Read more »


India: Online health startup CureJoy raises $1.15m from Accel Partners, others

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Online health and wellness start-up CureJoy Inc. has raised $1.15 million, in a funding round led by Accel Partners India. The company, which is headquartered in California with most of its operations managed from Bengaluru, said the money will be used to expand its services in India as well as other… Read more »


India VC Dealbook: Ankur Capital invests in Skillveri; Jugnoo acquires Bistro Offers, Yelo.Red; XSTOK gets funds from Oliphans Capital

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Impact investor Ankur Capital has invested an undisclosed amount in Chennai-based Skillveri Training Solutions, while B2B transactional platform XSTOK has raised $0.45 million from Oliphans Capital, and other angel investors. In yet another deal in the startups space, Chandigarh-based hyperlocal marketplace Jugnoo has acquired two companies – restaurant discovery app… Read more »


India: Bueno Foods raises $600k pre-Series A funding from angel investor

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Bueno Foods Pvt. Ltd, a food tech start-up that delivers gourmet food, has raised $600,000 pre-series funding from an undisclosed angel investor, said the company on Thursday. This is the first funding that the company has received from external sources, said the company statement. The Gurgaon-based company said that the… Read more »


India’s Yepme raises $75m, led by Malaysia’s Khazanah

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Indian online fashion retailer Yepme has raised $75 million from investors led by Malaysian state investment fund Khazanah Nasional Bhd, Reuters reported, quoting two sources familiar with the matter. The Delhi-based company, which makes its own brand name clothes, will put the money towards brand building and the launch of… Read more »


Intel Capital invests $67m in 8 Chinese startups

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Intel Capital, the investment arm of the Santa Clara chip giant, on Thursday announced an investment of  $67 million across eight Chinese technology startups covering a broad spectrum of industries including smart devices, robotics, Internet of Things (IoT), cloud, big data and data analytics. Intel Capital did not specify breakup of its… Read more »