E-commerce tech provider Shopmatic raises $5.7m from ACP Pte, SPRING SEEDS Capital

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Shopmatic plans to use funds to expand to Indonesia, the Philippines & Middle East.

Shopmatic

Korean e-book platform Ridibooks raises $20m Series C

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Ridibooks serves 2.5 million users with 175 million ebooks on its platform.


India: Lighthouse Funds leads $6.8m series B funding in Wow! Momo

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The company is now going national and might possibly even go overseas.


China: QF Capital backs UUPaotui; Blue Lake invests in online ticketing firm

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QF Capital and Tianming Capital have led a $14-million series A plus funding round in UUPaotui while Ferris Wheel Ticketing, an online ticket sales platform, raises a $15-million series B round led by Blue Lake Capital. QF Capital, Tianming lead series A+ in UUPaotui QF Capital and Tianming Capital have… Read more »


India: CSR platform Goodera secures $5.5m in Series A from Nexus, Omidyar

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Naren Gupta, co-founder & MD of Nexus Venture Partners, has joined the board.


HyperTrack raises $7m from Nexus Venture, Founders Fund

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HyperTrack offers pay-per-use software for businesses to track people and goods live on a map.


QingCloud bags $160m Series D round led by China Merchants Securities

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Marks largest ever funding in cloud computing industry.


Indonesia-focused VC Intudo Ventures closes $10m debut fund

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It will lead seed & Series A rounds with a target ownership of 15-25% on a fully-diluted basis.


Australia: Basiq and Vero secure funding; Programmed acquires OneShift

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Basiq has secured seed funding from NAB Ventures and Reinventure.


Indonesia: MDI Ventures leads pre-Series A round in marketing automation startup Kofera

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MDI Ventures also led a Series B round in Singapore’s Wavecell recently.