StoreKing, an e-commerce company focused on rural customers, has obtained $16m from Axiata.

Naver-owned messaging platform Line is set to sell 13 million shares in Japan and 22 million shares in the US priced at $26.30 each for a dual listing.

Simplex and Innovation Network Corporation of Japan have provided funding for Midokura, a software network virtualisation technology producer already backed by NTT Docomo.

Software-defined storage technology developer Weka.io has attracted series B capital from investors including Qualcomm, boosting its total funding to date to $32m.

The data analytics firm has landed its first strategic investment in a potentially record deal for Southeast Asia.

Internet Thailand intends to keep its 25% stake in the Thailand-based back-office services provider.

Tsinghua University's accelerator program backs food delivery service Xia Baby, which focuses on crayfish.

Flipkart is reportedly in talks to sell a stake to media conglomerate Bennett, Coleman and Co.

Intel Capital first sold half its stake in Intrasoft last month and has now exited the remaining 5.3% stake.