The funding will be used for building games around Indian IPs and also user-acquisition focused campaigns for Star Chef.
Deals in early stage companies in the country were worth US$2.1 billion in 2014, up almost 50 percent compared to the previous year.
The new fund, Accel India IV, will invest in very early stage startups and those already in the growth trajectory.
Peng T. Ong of Monk’s Hill wants to give Indonesia more tech talent, backs computer science scholarship
One of its backers is Singapore’s well-known entrepreneur and investor Peng T. Ong.
Palarin of Draper’s Boost VC in Silicon Valley launches today, enabling users to remit money to the Philippines from overseas using Bitcoin.
Richard Hsu has been based in China for just over a decade and has seen some momentous changes in the tech industry in that time. He arrived in Beijing in 2004 as Intel Capital’s managing director for...
China’s government is to set up a state venture capital fund worth RMB 40 billion (US$6.5 billion) that will invest in the country’s startups.
Sequoia tops a list of investors with most number of portfolio companies in the billion dollar valuation club. Accel has seven unicorns, and it invested early in as many as five of them.
Karthik Reddy of Blume Ventures on how the Godzilla VCs are forcing a strategic shift for their second fund
The big venture capital funds are now getting into early stage investments in Indian startups. And that is dangerous for both entrepreneurs and smaller funds, argues Karthik Reddy, managing partner of...
Average deal size reached US$99 million, a 59 percent leap from US$62 million a year earlier. This shows a maturing of the business ecosystem.
This new globally-minded VC has US$10 million for seed-stage investment as well as possible continuation into series A backing.
Indonesia’s Telkom prepares $200 million for startup investment, the country’s largest tech fund to date
Now Indonesia's tech startups should have no more complain for the lack of funding alternatives.
Summaries of fireside chats with Viki, MyRepublic, Gumi, and Redmart
Here comes yet another new Indian venture capital fund. V Balakrishnan, the CFO of Indian IT firm Infosys, has announced his resignation from the company in order to start a private equity fund. The E...
Big and established tech companies have been setting up investment or venture arms of late, making for a very promising trend for startup ecosystems around the world. And now an Indian software and te...
In-House Venture Capital is a newly-launched fund that invests in Indonesian startups. The total size of In-House’s fund is $3.5 million for its first year
CyberAgent Ventures Indonesia plans to hold regular sharing sessions in Indonesia to talk about various business case studies in specific sectors. It’ll be called the CAV Salon.
Earlier today we looked at a report that has counted up $6.9 billion in investments among Asian e-commerce sites from 2010 to the present day. A mesmerising $4.8 billion of all that venture capital we...