Digital entertainment provider Nazara's seed fund, launched late last year, is preparing to make its first investments, targeting two India-based start-ups.

Mobile internet company One97 has begun talks to raise $200M in funding for its Intel and SAP-backed mobile payment subsidiary Paytm.

Intel has invested $1.5bn for a 20% stake in semiconductor maker Spreadtrum Communications and RDA Microelectronics.

The Korea-based conglomerate has initiated the DreamPlus Alliance, a group of accelerators formed across Asia with a range of partners.

Ibibo, the online travel joint venture by Tencent and Naspers, exited CarDekho three years after acquiring the company.

The Israel-based company, backed by investors including Yaskawa Electric, intends to spend the proceeds on sales, marketing and product development.

Google's growth equity fund co-led a round for the cloud computing component maker that will be used to enhance its production capabilities.

The corporate venturing unit has invested a substantial undisclosed sum in the toiletry retailer.

Marketing company WPP has co-launched Polestar, a China-based start-up that will help companies manager their e-commerce activities in China.