Dubai-based Winter Capital has led a USD 22.5m Series A round for Indian education technology platform Uolo with support from local investor Blume Ventures.
East Ventures has led a USD 13m Series A round for Indonesia’s TipTip, a marketplace that connects digital media content creators and their fans.
China-based CMC Capital has exited the bulk of its remaining stake in City Football Group (CFG), a series of football clubs built around the Manchester City brand, with CMC founder Ruigang Li vacating his seat on the company’s board.
Temasek Holdings-backed 65 Equity Partners has invested SGD 150m (USD 107m) in Singapore’s Cityneon, a company that markets entertainment brands by staging elaborate events, displays, and exhibitions.
Gamurs claims to have carved a niche as the largest gaming news publisher in the English-speaking world on the back of 39 acquisitions in seven years. Its Series A will go towards more purchases
Shopping mall-focused digital advertising business Shopper Media Group rode out Australia’s lockdown woes to seal a sale to Woolworths, with Fortitude Investment Partners getting a 9x return
Indian education technology provider Byju’s has raised USD 250m from existing investors with plans to expand its international business. Funding raised this year alone now tops USD 1bn.
Google has joined a INR 2.7bn (USD 35m) round for Adda247, an education technology start-up that claims to be India’s largest vernacular language exam preparation platform.
Gamurs, a Sydney-headquartered media company specialising in gaming, e-sports, and entertainment, has secured USD 12m in Series A funding.
A labyrinth of logistical, cultural, competition, and business modelling challenges is curbing private equity appetite for India’s quickly modernising proletariat
Thailand’s Line Man Wongnai – a food delivery, taxi, and messaging app – has raised a USD 265m round featuring GIC at a valuation of USD 1bn. It claims to be the largest start-up locally.
Indian growth-stage investor The Fundamentum Partnership has led a USD 21.8m Series B extension for audio platform Kuku FM.
Hong Kong metaverse start-up Animoca Brands has raised USD 110m featuring Temasek Holdings, Boyu Capital, and GGV Capital. Funding since the start of 2021 now tops USD 630m.
Singapore-based Docquity, a networking service for more than 300,000 doctors across Southeast Asia, has raised USD 44m in Series C funding led by Japan’s Itochu Corporation.
Japan’s oVice, a start-up that provides virtual co-working spaces for remote and hybrid teams, has raised JPY 4.5bn (USD 32.1m) in Series B funding featuring Jafco and Eight Roads Ventures.
China-focused CMC Capital Partners’ remit has expanded from media to consumer and technology, but the firm believes its knowledge and discipline as a specialist investor have never been more relevant
Singapore’s TotallyAwesome, a digital advertising start-up focused on children’s online safety, has raised a USD 10m seed round featuring US venture debt provider Partner For Growth (PFG).
Bain Capital has won board approval from Net Marketing, a Tokyo-listed online advertising and media management business, for a take-private that values the company at approximately JPY 13.6bn (USD 102m).
UpGrad, an India-based education technology company set up by media maven Ronnie Screwvala, has raised USD 210m featuring Temasek Holdings and education-focused private equity firm Kaizen.
Japanese VCs have provided a JPY 1.4bn (USD 11m) seed round for SpaceData, a start-up that uses earth imaging data from satellites to create virtual 3D environments replicating the real world.
Singapore telecom giant SingTel has committed USD 100m to its VC arm Innov8. The investment unit, which operates on an evergreen fund model, has received USD 350m to date.
Affirma Capital has confirmed a USD 38m investment in Terapin Studios, a US-based media platform controlled by Korea’s NPX Capital focused on bringing Korean digital comics to global markets.
Korea’s NPX Capital has acquired online comics publisher Toomics via its Terapin Studios media platform for USD 160m.
Australian grocery giant Woolworths has agreed to buy Shopper Media Group, an out-of-home digital advertising business with 2,000 screens across more than 400 shopping centres, for approximately AUD 150m (USD 102m).