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Consumer

GCV Award: Unit of the Year - GE Ventures

If imitation is the sincerest form of flattery, then IBM paid GE Ventures the highest compliment earlier this year when it hired George Ugras as the new head of IBM Ventures.

May 20, 2016

VNG carves out Tiki investment

Internet company VNG has purchased a 38% stake in e-commerce company Tiki, already backed by CyberAgent and Sumitomo, in return for a $16.7m cash injection.

May 20, 2016

IDG Ventures India forms e-commerce initiative

The corporate-backed venture firm plans to invest in up to 25 startups through Digital Consumer Innovators Program this year, providing up to $5m at a time.

May 19, 2016

E.Ventures closes $150m early-stage fund

The venture capital firm, in which Otto Group is a major investor, will operate the fund together with a $290m growth-stage fund.

May 19, 2016

Intel sells half its stake in Intrasoft

Intrasoft Technologies received funding from Intel Capital in 2007, and the corporate venturing unit has now sold a 5.1% stake in the listed company.

May 18, 2016

Keep flexes fundraising muscles with $32m

The fitness app has attracted investors including Bertelsmann Asia Investment to a series C round that will support the introduction of new features.

May 18, 2016

GCV Powerlist 2016: Le Yu, Ping An

A member of the top 100 from the Global Corporate Venturing Powerlist

May 17, 2016
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