KDDI, the corporate venturing unit of Japan telecommunications group KDDI, has set its sights on Nanapi, a consumer information sharing site that boasts 60 million monthly page views. The latest round was worth $2.7m and brings the start-ups funding to date to $6.1m.

Moscow Seed Fund and Softline invest in innovative IaaS platform project.

Singapore-based gaming firm Garena has invested in Singapore online grocery store, Redmart, in what is being called a series A round. The deal follows on from three previous seed rounds and is reported to be worth millions of dollars.

Airfare price tracking business Yapta raises $4.2m D funding from travel and expense management business Concur.

Rogers Venture Partners leads $2m series A round of funding for platform that turns social networking to business use.