The average deal size in local seed rounds has also jumped from $200,000 last year to $700,000 in 2015.
Unlike its predecessor, the new company is a fully-owned subsidiary of social media and mobile gaming company KLab.
Sequoia Capital, Tiger Global, and Accel Partners lead the pack. Make a guess who the others are before you dive into the article to find out.
Hi All, I’m Hiro Maeda of BEENEXT. A newly formed VC investing in India, SEA, Japan, and USA. The partners in the firm has invested in companies like Tokopedia,...
The VC - PLDT Capital - will invest primarily in mobile engagement platforms, content, mcommerce, and digital services.
Chinese startups and VCs say there are lots of good reasons why it's more convenient now to fundraise in RMB, not USD.
500 Startups and Malaysian partner MaGIC unveil the first batch of seven startups that will undergo the 10-week Distro Dojo growth program in Cyberjaya.
Bangalore-based seed stage VC fund AngelPrime today announced a new round of funding led by The Social+Capital Partnership along with undisclosed institutional ...
Alok Goel was leading both RedBus and FreeCharge when they got acquired. He will now lead VC firm SAIF Partners in India.
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 ...
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 i...
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, a...
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.