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  • Airbnb to increase fundraising round to US$ 1 billion

    Airbnb to increase fundraising round to US$ 1 billion

    VC News Network
    December 17, 2016

    Airbnb Inc authorised the sale of an additional US$153 million in equity, bringing the size of its current fundraising effort to about US$1 billion.

  • Practo makes fifth acquisition, buys analytics startup Enlightiks for US$13.9 million

    Practo makes fifth acquisition, buys analytics startup Enlightiks for US$13.9 million

    VC News Network
    December 16, 2016

    Bengaluru-based Practo has acquired analytics platform Enlightiks in a cash-and-stock deal valued at US$13.9 million. Post acquisition, the entire 50 member team of Enlightiks will join the company to form the Analytics Business Unit within…

  • Singapore unicorn Garena in talks for US$1 billion IPO listing in the US

    Singapore unicorn Garena in talks for US$1 billion IPO listing in the US

    VC News Network
    December 16, 2016

    Garena Interactive Holding Ltd., a Singapore-based unicorn is reportedly going ahead with an initial public offering in the United States that may raise US$1 billion, according to Wall Street Journal.

  • Global ecommerce startup Floship bags US$3.5 million funding round

    Global ecommerce startup Floship bags US$3.5 million funding round

    VC News Network
    December 16, 2016

    Floship Global e-commerce raises a US$3.5 million funding round. The company plans to use the investment to accelerate technology development and serve more customers on a wider variety of e-commerce platforms.

  • EVISU buys back rights to China retail and franchise at US$40 million

    EVISU buys back rights to China retail and franchise at US$40 million

    VC News Network
    December 15, 2016

    EVISU Group Limited, a Japanese high-end denim brand, has announced today that it has bought back the retail and franchise rights for the Chinese market at a price tag of US$40 million.

  • Global Brain launches US$175 million sixth fund

    Global Brain launches US$175 million sixth fund

    VC News Network
    December 15, 2016

    At the annual Global Brain Alliance Forum, founder and CEO Yasuhiko Yurimoto has announced the creation of a sixth fund to be valued at Us$175 million. The fund made its first close at US$130 million,…

  • Malaysian PE firm Creador closes Fund III at US$ 415 million

    Malaysian PE firm Creador closes Fund III at US$ 415 million

    VC News Network
    December 15, 2016

    Malaysian private equity firm, Creador closes Fund III at US$ 415 million, that is US$ 35 million short from its initial targeted US$ 450 million.

  • Japan space entertainment startup ALE raises US$ 6 million from angel investors

    Japan space entertainment startup ALE raises US$ 6 million from angel investors

    VC News Network
    December 14, 2016

    A startup firm in Japan, ALE that aims to paint the sky with artificial meteors and shooting stars through a project called Sky Canvas is now a step closer with US$ 6 million funding to…

  • Maverick capital-backed e-pharmacy 1mg buys MediAngels, making its second acquisition of the year

    Maverick capital-backed e-pharmacy 1mg buys MediAngels, making its second acquisition of the year

    VC News Network
    December 14, 2016

    1mg Technologies acquired MediAngels for an undisclosed amount in cash and stocks to enter specialty doctor consultations, corporate health services and insurance partnerships.

  • Triip.me forms partnership with Booking.com to create unique local tour and hotel lodging experience

    Triip.me forms partnership with Booking.com to create unique local tour and hotel lodging experience

    VC News Network
    December 14, 2016

    Gobi-backed Triip partners with Booking.com has formed a strategic partnership to provide an authentic local experience offerings which will give traditional lodging’s a competitive edge.

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