New South Wales to partner with Shanghai Jiao Tong on research commercialisation.

Tata Elxsi, an India-based design services firm that is part of the Tata group, has recently set up a business incubator to generate new avenues of growth, has made its first investment, the company has reported.

Japanese trading conglomerate Itochu Corporation has become the latest investor in international fashion and lifestyle e-commerce company Fab. The deal follows a prior investment by Itochu Technology Ventures, the corporate venturing unit of Itochu, in the initial $150M Series D kick-off round announced on June 19th.

The Nanyang Technological University signs research and commercialisation deal with semiconductor packing provider STATS ChipPAC.

KDDI Open Innovation Fund, the corporate venturing unit of Japan telecommunications group KDDI and venture capital firm Global Brain, has invested an undisclosed amount of funding in Japan-based flash sales e-commerce site Monoco.

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.

Microsoft Ventures in India will bring its seed fund, start-up accelerator and BizSpark into a single programme.