Private equity and venture capital investors are exhibiting renewed interest in India's online retail space, a segment considered as an investment bubbly early last year, Mumbai-based online website dna reported.

South Korea-based Bitcoin startup Korbit raised $400,000 in funding from several Silicon Valley investors including Tim Draper, Naval Ravikant, David Lee, and Barry Silbert, for the company's growth.

Jeff Jordan, a partner at Andreessen Horowitz, says the structural shift from physical to digital retail is happening more quickly than what he had previously imagined.

Bangalore, India-based online real estate portal CommonFloor secured INR64 crore in its fourth financing round from existing investors Accel Partners and Tiger Global, as confirmed by co-founder Sumit Jain.

UCWeb Inc, a company backed by Alibaba Group Holdings, is looking at acquisitions to add more programmers and platforms so it can better compete with its rivals, Bloomberg reported.

Beijing-based 58.com Inc, a classifieds website operator that provides services similar to Craigslist, intends to acquire Chinese Internet companies to enhance its local information services, Bloomberg reported.

Volusion was able to obtain a 35 million credit facility from Silicon Valley Bank, the first external funding the ecommerce firm received since it was established in 1999.

Chicago-based daily deals firm Groupon purchased New York-based flash fashion site Ideeli in a deal valued at $43 million in cash in a bid to compete with Amazon and other retail businesses.

Germany-based venture capital firm Global Founders Capital and Luxembourg-based firm Redline Capital invested €6.1 million ($8.3 million) in UK-based short-term e-commerce business loans startup Iwoca.

After struggling with increased book sales from online rival Amazon and others, German Catholic Church-owned publishing house Wetbild filed for insolvency and placed 6,000 jobs on the line, the Financial Times reported.