Sketchbook Ventures has been established by Australian e-commerce group.

Tata Capital Innovations Funds invests undisclosed amount in enterprise IT company.

MIH, the corporate venturing unit of South Africa internet media company Naspers, has backed alongside venture capital firms a $200m fifth round of funding for India-based online book business, Flipkart.com. The funding will help the business strengthen its distribution networks and expand its product lines to compete with global player Amazon.com in its local market of India.

The online course sector is expected to grow in Asia, namely in Japan with the latest investment including a deal courted by Itochu Technology Ventures, Anri Fund and Incubate Fund. The three invested $1.5m in Japan-based Schoo.

Healthy snacks are all the rage across Europe and Asia, but not all brands deliver direct to your door in Asia. IDG has backed a relatively new food brand, Three Squirrels,that has gained a big customer following in China.

CyberAgent Ventures, Archetype and GMO Payment Gateway buy convertible notes in API hosting site FluxFlex.

The gaming market in Japan is very competitive, but Fuji Startup Ventures, Gumi Ventures and B Dash Ventures have teamed up in a new gaming venture called A-lim that has the marketing power behind it to make a huge splash.