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Practo makes fifth acquisition, buys analytics startup Enlightiks for US$13.9 million

Bengaluru-based Practo has acquired analytics platform Enlightiks in a cash-and-stock deal valued at US$13.9 million. Post acquisition, the entire 50 member team of Enlightiks will join the company to form the Analytics Business Unit within Practo.

Singapore unicorn Garena in talks for US$1 billion IPO listing in...

Garena Interactive Holding Ltd., a Singapore-based unicorn is reportedly going ahead with an initial public offering in the United States that may raise US$1 billion, according to Wall Street Journal.

Global ecommerce startup Floship bags US$3.5 million funding round

Floship Global e-commerce raises a US$3.5 million funding round. The company plans to use the investment to accelerate technology development and serve more customers on a wider variety of e-commerce platforms.

EVISU buys back rights to China retail and franchise at US$40...

EVISU Group Limited, a Japanese high-end denim brand, has announced today that it has bought back the retail and franchise rights for the Chinese market at a price tag of US$40 million.

Global Brain launches US$175 million sixth fund

At the annual Global Brain Alliance Forum, founder and CEO Yasuhiko Yurimoto has announced the creation of a sixth fund to be valued at Us$175 million. The fund made its first close at US$130 million, with its final close expected in June 2017.

Malaysian PE firm Creador closes Fund III at US$ 415 million

Malaysian private equity firm, Creador closes Fund III at US$ 415 million, that is US$ 35 million short from its initial targeted US$ 450 million.

Japan space entertainment startup ALE raises US$ 6 million from angel...

A startup firm in Japan, ALE that aims to paint the sky with artificial meteors and shooting stars through a project called Sky Canvas is now a step closer with US$ 6 million funding to launch its project in 2018.

Maverick capital-backed e-pharmacy 1mg buys MediAngels, making its second acquisition of...

1mg Technologies acquired MediAngels for an undisclosed amount in cash and stocks to enter specialty doctor consultations, corporate health services and insurance partnerships.

Triip.me forms partnership with Booking.com to create unique local tour and...

Gobi-backed Triip partners with Booking.com has formed a strategic partnership to provide an authentic local experience offerings which will give traditional lodging's a competitive edge.

Singapore-based Rewardz secures US$2.1 million strategic investment from Japan’s Benefit One...

A Singapore-based startup, Rewardz managed to raise US$2 million from Japan's Benefit One. The fund will be used to fuel profitability and a possible market expansion plan into Japan.
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