Miss Fresh, a Chinese online grocery retailer backed by Tencent Holdings, has raised RMB230 million ($36 million) in an extended Series B round led by domestic investor Yuan Yi Investment.
Chinese state-backed Tsinghua Unigroup has withdrawn its NT$56.8 billion ($1.7 billion) offer to acquire a stake in Silicon Precision Industries (SPIL), a Taiwanese semiconductor testing and packaging company.
Convergence Ventures and CyberAgent Ventures have led a $4.2 million pre-Series A round for Indonesian hotel reservation service provider Nida Rooms.
Xiaoming Huang, a Chinese actor who co-founded celebrity fund StarVC, has launched a new venture capital firm called Ming Capital.
Start-up incubator Rocket Internet and Sweden's Investment AB Kinnevik have committed EUR300 million ($339 million) to their emerging markets-focused online fashion portal Global Fashion Group (GFG), at a valuation of EUR1 billion.
Helion Ventures and Ventureast have participated in a $12 million Series B round for Indian data security solutions provider Seclore.
Intouch Holdings, acting through its VC arm, InVest, has led a Series B round of funding for Thai restaurant review website operator Wongnai Media.
While most logistics start-ups dedicated to serving China's online food-ordering platforms hire part-time staff through crowdsourcing, Yummy Express recruits full-time employees to provide a consistent service
Bertelsmann India Investments has invested $5 million in Roposo, a domestic fashion-oriented social network and shopping app provider.
Beijing Weiying Times Technology, a Chinese online portal that sells movie tickets, has raised RMB3 billion ($462 million) in an extended Series C round of funding at a valuation of $2 billion.
Zero Zero Robotics, a Beijing-based start-up that has developed a flying camera for the consumer market, has received $23 million in Series A funding from IDG Capital Partners, GSR Ventures, ZhenFund and ZUIG.
Taiwan-based hardware developer HTC has launched a global accelerator program with $100 million to support start-ups working on virtual reality (VR) applications.
Aarin Capital has anchored the launch of Ideaspring Capital, a venture fund seeking to raise INR1.2 billion ($18.8 million) for investments in Indian technology start-ups.
The forces behind a bumper year for South Korean venture fundraising serve as a reminder that local players must do more to build much-needed international relationships
Ant Financial, Alibaba Group’s online financial services affiliate, has completed a $4.5 billion Series B round of funding, said to be the largest-ever fundraise by a private internet company globally.
The Thailand government has announced the launch of a THB20 billion ($568 million) venture fund as part of an economic modernization agenda.
IDFC Asset Management and consumer electronics manufacturer Micromax Informatics have led a INR1 billion ($15 million) Series C round for Indian digital payments developer TranServ.
China’s Hillhouse Capital has led a $50 million investment in Woowa Brothers, owner and operator of leading South Korean online food-ordering platform Baedal Minjok.
UCWeb, a mobile browsing services company controlled by China's Alibaba Group, has launched a $20 million program to promote Indian start-ups focusing on games and apps.
Genesis Capital, a late-stage VC firm set up by the former head of Tencent Holdings’ investment unit, has led a RMB200 million ($30.8 million) Series C round for Tiebaobei.com, a Chinese online trading platform for second-hand machinery.
Roseonly, a Chinese start-up that specializes in selling rose bouquets online, has raised RMB190 million ($31 million) in a Series C round of funding led by Genesis Capital.
SAIF Partners has participated in a RMB1 billion ($155 million) round of funding for Baidu Video, a new online video affiliate created by Chinese search giant Baidu.
PAG Asia Capital and China's Apex Technology are leading a consortium - which also features Legend Capital - that has agreed to buy printing technology and enterprise software company Lexmark International for $3.6 billion.
ClearVue Partners has led a $10 million Series C round for Yummy Express, a Beijing-based start-up that provides logistics services for online-to-offline (O2O) food-ordering platforms. SBCVC also participated in the investment.