RuiYi Inc, a biotech firm based in California and China, has secured $15 million for its Series B funding round from its existing backers, a statement about the funding said.
Asia/Pacific
Germin8 pockets $3M in first funding to expand beyond India
Mumbai, India-based big data analytics startup Germin8 pocketed $3 million in its first funding round from Kalaari Capital to expand internationally and fuel sales, marketing, branding, and product development activities.
JWT to pick up majority stake in Indian social media agency Social Wavelength
JWT, a New York, US-based operating company of advertising giant WPP, entered an agreement to pick up a majority stake in Mumbai, India-based social media agency Social Wavelenth for an undisclosed amount to expand its market reach.
Facebook launches Connectivity Lab to bring affordable Internet access to all
After helping 3 million people in the Philippines and Paraguay get access to the Internet, social media giant Facebook launched the Connectivity Lab to build drones and lasers that will help more people get affordable Internet access.
Times Internet backs Indian mobile education startup GradeStack
Uttar Pradesh, India-based Internet network Times Internet backed Noida-based mobile education startup GradeStack with an undisclosed amount to turn mobile education into a social experience.
Latest News
Chennai, India-based online bus ticketing startup Ticketgoose secured INR24 crore in its Series B round via American crowdfunding platform Indventure to build its brand and marketing campaign.
OneVentures, an Australia-based venture capital firm, intends to raise $100 million from institutional investors and high net worth individuals for its OneVentures Innovation and Growth Fund II.
Just over a week after blocking Twitter, Turkey is now moving to shut down access to YouTube in a bid to stem off the source of corruption scandal and reputation-damaging leaks related to Prime Minister Recep Tayyip Erdogan.
Singapore-based digital currency payment firm GoCoin pocketed $1.4 million in its first funding round led by former Facebook executive Owen Van Natta and e-commerce site Bitcoin Shop for its sales and tech expansion.
Search giant Yahoo Japan is set to take Japan-based telco eAccess from Internet firm Softbank in a deal valued at $3.2 billion (JPY324 billion) to beef up its e-commerce and advertising businesses.
Berlin, Germany-based price comparison website PricePanda launched in Thailand after raising $3 million from Tengelmann Group, as part of its campaign to expand to South Asian countries.
Internet entrepreneur Kim Dotcom's Mega Ltd intends to list in New Zealand by doing a reverse takeover of TRS, an inactive shell company, Reuters reported.
Philippine conglomerate GT Capital Holdings Inc purchased a 79.84% holding in the Toyota Cubai Inc dealership in a deal valued at PHP311.5 million to integrate both its wholesale and retail operations
GIC, a sovereign wealth fund in Singapore that manages its foreign reserves, has supported UK-based Intelligent Energy Holdings with $63 million, a statement about the funding said.
