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The pair announced their first investment on Tuesday into edtech startup Eduka System.

The post Bukalapak co-founders Zaky, Xinuc set up early-stage VC fund Init 6 appeared first on DealStreetAsia.

The move is seen to make the fundraising process easier and cost-effective for startups.

The post SC Malaysia eases norms for firms issuing convertible notes to VC, PE firms appeared first on DealStreetAsia.

In 2018, Funtap had raised $300,000 in a seed funding round from Korean investor Soulbei.

The post Vietnamese game publisher Funtap raises Series A round led by Makers Fund appeared first on DealStreetAsia.

The company is further looking to raise Rs 250 crore in the next few quarters. 

The post India Deal Monitor: MYSUN snags about $4.3m funding and more updates appeared first on DealStreetAsia.

The funding also saw the participation of Omidyar Network, Shunwei Capital, BCCL, and Nexus Venture Partners.

The post Tencent leads $9.4m funding in Indian self-publishing platform Pratilipi appeared first on DealStreetAsia.

Our Q1 report delves into investment trends in individual sectors and at different funding stages.

The post March megadeals breathe life into Greater China’s venture scene in Q1 appeared first on DealStreetAsia.

Existing investors Matrix Partners India, Stellaris Venture Partners, and Alteria Capital also participated.

The post India: Logistics startup LoadShare secures $13.2m led by BEENEXT, others appeared first on DealStreetAsia.

The fund was backed by several large financial institutions and the National Development Fund of Taiwan.

The post Japan’s JAFCO closes debut Taiwan venture fund at $67m appeared first on DealStreetAsia.

The funding will be used to spruce up technology and expand product offerings.

The post India Deal Monitor: RTP Global leads $9m funding in Classplus and more updates appeared first on DealStreetAsia.

The company said the latest round was led by existing investor Sequoia Capital.

The post Fintech startup Robinhood raises fresh funds at $8.3b valuation appeared first on DealStreetAsia.

ESB claims to be enabling restaurants to transition to the cloud-kitchen model amid the COVID-19 outbreak.

The post AC Ventures leads seed round of Indonesian restaurant ERP startup ESB appeared first on DealStreetAsia.

The Series D+ round was led by state-owned China Internet Investment Fund.

The post China’s ASR Microelectronics snags $119m at over $1.6b valuation appeared first on DealStreetAsia.

Innoangel Fund now manages over 3 billion yuan ($425 million).

The post Chinese early-stage tech investor Innoangel Fund closes RMB fund at $51m appeared first on DealStreetAsia.

The Trendlines Group has invested in early-stage startup Insectta, headquartered in the city-state.

The post SG Digest: Trendlines invests in Insectta; d:tribe Capital backs Australian AI startup appeared first on DealStreetAsia.

Existing backer Heritas Capital is said to have injected additional capital in the biotech startup.

The post SG’s Hummingbird Bioscience secures more capital in Series B extension round appeared first on DealStreetAsia.

Sydney-based document design company Qwilr has raised $7.25-million Series A led by AirTree Ventures.

The post Australia Digest: Qwilr raises $7.25m; PieLAB invests in :Different appeared first on DealStreetAsia.

Nium is understood to be Visa's third investment in SE Asia after Gojek and Grab.

The post SG’s Nium closes new round joined by Visa, BRI Ventures, others appeared first on DealStreetAsia.

Dakota will also establish “Myanmar’s first-ever cyber training centre."

The post Asia Digest: Dakota Ventures to invest $1m in Myanmar; Vietnam’s FoodHub raises funding appeared first on DealStreetAsia.

The financing will help Varthana reach more schools by meeting its need for longer-term capital.

The post Indian financier Varthana secures $15m debt financing from DFC appeared first on DealStreetAsia.

Chehaoduo was valued at over $9 billion after Vision Fund injected $1.5 billion into the firm in February 2019.

The post Car trader Chehaoduo nets $200m from SoftBank Vision Fund, Sequoia China appeared first on DealStreetAsia.

Returning investors Xiaomi Corporation and Gaocheng Capital also participated in the fresh round.

The post Chinese tax platform Huisuanzhang snags $60m round led by Sunshine Insurance appeared first on DealStreetAsia.

Tencent, which first invested in Enflame's pre-Series A round in July 2018, also topped up.

The post Tencent-backed Chinese AI startup Enflame raises nearly $100m Series B funding appeared first on DealStreetAsia.

The company focuses on providing alternatives to single-use plastics.

The post HK’s plant-based packaging startup Ecoinno bags $6m from Alibaba funds appeared first on DealStreetAsia.

It will use the funds to expand the reach of its solutions across India and the world.

The post India: Vesta Space Tech nabs $10m funding from US firm Next Capital appeared first on DealStreetAsia.

As a part of the investment, Lime acquired electric bicycle service JUMP Bikes.

The post Uber leads $170m investment round for bike-sharing startup Lime appeared first on DealStreetAsia.

The financing was led by state-owned China Life Insurance Group’s healthcare fund. 

The post Chinese biotech firm Vazyme snags $78m in Series C round appeared first on DealStreetAsia.

There's little point in founders fixating on growth this year, according to Anand. 

The post Now’s the time to make hard decisions, fix fundamentals: Sequoia’s Abheek Anand appeared first on DealStreetAsia.