South Africa media group, Naspers, and its shares in 'money spinner' China online gaming company Tencent Holdings, are paying off as are the two companies' investment synergies. The two corporate investors have merged two investments, BuyThePrice.com and Tradus.com, to create a dominate player in the India buyer-seller e-commerce sector.

IDG Ventures is joining other corporate venturing units with an investment remit in Asia to secure high-growth investment opportunities in the mobile and internet application software sector. However, IDG's latest re-investment in China-based mobile app security service provider, Bangcle, is onto something bigger: safeguarding application developers and their customers.

Tata Capital, the private equity investment unit of India conglomerate Tata, is opening its recently closed $600m fund to LP co-investments.

Intel Capital-backed translation business Gengo raises $12m series B, taking its total fundraising to $21m.

As Alibaba ventures into the social media and social commerce segments of its investment portfolio, a $586m investment into Weibo, China's equivalent to Twitter seems bang on target to its corporate strategy, which is to have greater access to user data and buying trends across Alibaba e-commerce platforms and other future e-marketplaces.

YJ Capital, the corporate venturing unit of Yahoo Japan, sees increasing value in the Japanese web and mobile application market with a recent investment into Fastmedia's Yappli product, which hopes to make App Store applications seemless and more user-friendly.

Nissei Capital, the corporate venturing unit of Japan's Nippon Life Insurance Company, will be putting its networking skills to the test with its news investment in Sansan, a digital business card content management application designer. GMO Partners returned for the series B round, which was valued at $5m.

Japanese corporate fund, KDDI Open Innovation Fund, has linked up in a reported $5m co-investment deal with advertising agency Digital Advertising Consortium, to take advantage of one of the latest retail and social media apps to be launched on the Japanese market, Origami.