The Daily Mail Group Information (DMGI) on behalf of its education subsidiary Hobsons has invested $9m in India e-learning company iProf Learning Solutions India, in a series B round of funding. Existing investors Norwest Venture Partners and IDG Ventures India, the corporate venturing unit of publisher International Data Group also participated in the round.

Srinivas Gattamneni, formerly managing director of consultancy Venture Pursuit and a former corporate venturer at UK-based chipmaker ARM, has joined Asian telecommunications company Axiata in Kuala Lumpur.

Stanford spin-out OneBreath raises rupees 18 crore ($2.87m) in angel backing for rechargeable ventilators.

IDG Ventures is raising its second fund and according to local business news reports, is looking to High Net Worth investors and family offices from India to meet its fundraising needs.

The Microsoft Ventures Accelerator in Beijing China has selected the 19 start-ups that will participate in the fourth Beijing Accelerator class taking place in January. Accelerator Participants receive an average $250,000 worth of resources.

Corporate venturing unit IDG Ventures sees a buoyant future in the mobile-based field sales technology segment. The investor has invested an undisclosed amount of capital in this series A round of funding for India field employee-focused sales software company FieldEZ Technologies.

Intelligent Energy, a spin-out of Loughborough University, signs multi-million dollar agreement to power Indian telecom towers with hydrogen fuel cells.

Inventus Capital Partners portfolio company, Vizury, an India advertising retargeting start-up already backed by Nokia Growth Partners, is looking to raise $20m in a series C round of funding led by its existing backer. Prior to this fundraising the company has raised a reported $11m.

IDG Ventures India has participated in a series B round funding in existing portfolio company Forus Health. The company has raised $13.2m to date.