Impact Therapeutics raises $30m in Decheng Capital-led Series C round

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The latest funding round was joined by return backer Lilly Asia Ventures.

Decheng Capital

Indonesia’s Warung Pintar raises $4m in Vertex-backed round

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The latest funding comes after its $4-million seed round in February backed by SMDV, Digital Garage, East Ventures, Insignia Ventures Partners, Triputra Group and various angel investors.


Sydney’s OneVentures, Israel’s Viola team up to launch $74m credit fund

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The new venture credit fund will be launched in August and is expected to reach the first close by November 2018.


Japan’s Gojo leads $6.2m round in India’s Satya MicroCapital, picks 25% stake

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Tokyo-based Gojo, a holding company of MFIs, has subsidiaries in Cambodia, Sri Lanka, and Myanmar.


Car rental startup Zoomcar raises $3.6m debt funding from Trifecta

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The development comes almost six months after the Bengaluru-headquartered startup closed a $40-million Series C funding round led by automobile company Mahindra & Mahindra (M&M). Founded in 2013 by Greg Moran and David Back, Zoomcar has raised $103.8 million in funding to date.


GGV Capital co-leads NY-based HR platform Namely’s $60m Series E

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Existing investors including Sequoia Capital, True Ventures, Matrix Partners and Scale Venture Partners also joined the round.


Flipkart co-founder Sachin Bansal plans raising up to $1 billion VC fund

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Flipkart co-founder and former chief executive Sachin Bansal is considering raising a fund of $700 million-$1 billion for investing in startups, two people familiar with the matter said. Bansal, who is set to make $1 billion in cash after leaving Flipkart in May, could contribute up to 40% of the… Read more »


India Digest: Sequoia, Xiaomi back Samosa Labs; Actionable Science raises $1m

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The total capital raised by Samosa Labs has reached $9 million till date.


Indian unicorn Swiggy in talks with SoftBank, others for up to $500m funding

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Swiggy has held talks with SoftBank, General Atlantic and a couple of Chinese hedge funds for the new round.


Japan’s SBI Holdings eyes four more Indonesia investments by end of year

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SBI will focus on Series A and B funding for fintech companies in Indonesia and may also look at AI and blockchain.