Legend Capital, the corporate venturing division of China-based computer company Legend, teams up with DCM for Mbaobao.com investment.

Nokia's first winner of its venture investment competition is VirtualCity.

Toshiba and NCR and Deluxe Entertainment Services-backed MOD Systems gains more than $6m in latest round.

Indian industrial conglomerate Reliance Capital to start raising half its $500m fund from overseas investors, VCCircle reports.

LVMH Moet Hennessy Louis Vuitton's $500m L Capital Asia fund launched last year has backed its second second Asian watch maker.

Mobile phone maker Nokia gains exit as indirect investor in Like.com, which Google is buying.

Darberry and Qpod sell majority stakes to discount coupon company Groupon.

Indian retail conglomerate Future Group restarts listing process for its corporate venturing unit.

Coinstar invests in EcoATM following a personal investment from the Nasdaq-listed company's chief executive in February.