Sectors

Micromax is set to sell part of its 7.6% stake in the online travel booking service, which also counts Info Edge and Fosun Kinzon Capital as investors.

The Dongfeng, Suning and Xiaomi-backed IoV technology developer secured cash in a round led by FAW Group and backed by investors including Changchun Fawsn and Shanghai Tunnel.

SoftBank has led the ERP software provider’s pre-IPO round, with proceeds to be used for customer base expansion, recruitment, strategic acquisitions and product diversification.

Online credit banking service Upgrade has raised series E funding with the help of Koch Industries, reaching a valuation exceeding $3.3bn.

Hongtai Group, Phison Electronics, Taiwan Mobile, Wistron, Cathay Life, Fubon Life and TransGlobe Life all chipped into the accelerator and venture firm’s latest vehicle.

Video game development app provider Unity has agreed to buy the remote desktop platform developer in a deal enabling HP to exit.

PayPal Ventures participated in the e-commerce services and software provider's third funding round, less than a year after it was founded.

SoftBank Ventures Asia led ERP software provider Mabang's $46.3m series B round while Mainport Innovation Fund exited electrification technology developer ViriCiti.

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

Q&A with Martin Tschopp, CEO, Prosus Ventures (formerly Naspers Ventures)

The executive education provider's latest round was co-led by SoftBank Vision Fund 2, while Bertelsmann was among the sellers in a secondary investment portion.