China consumer-focused GP Tiantu Capital has led a US$36 million Series C round of funding for Kuaikan Comic, a mobile app designed for reading light comics.

Koubei, a search engine backed by Alibaba, along with Chinese fund, Zhongshi Capital has invested in Meiweibuyongdeng, a Shanghai-based restaurant booking app.

Israel's leading venture capital firm Yozma Group is entering the global markets, investing US$42.1 million in Korean startups through a fund named "Yozma Group - Daesung Private Equity Inc" which is slated to begin in the first half of 2017.

TempoGO, an Internet of Things (IoT) and SaaS solutions provider for commercial transportation has secured a Rs 5.6 crore (about US$825k) seed investment round led by Hong Kong-based K2 Capital.

China's third-biggest search engine Sogou plans to hold a U.S. initial public offering this year, according to its CEO Wang Xiaochuan in an interview with Bloomberg.

New Delhi-based SMSdaak India Ltd, which operates digital payments startup instantPay, has raised its pre-series A funding from Singapore based

Everstone Group acquires a minority stake in OmniActive Health Technologies Ltd. in a US$35 million deal to strengthen OmniActive's presence in global nutraceutical space.

Chinese giant Huawei has recently acquired HexaTier, an Isreali cyber security startup for US$42 million. The smartphone maker will use HexaTier to set up an R&D center in Israel for databases in the cloud.

Beijing-based online brokerage company, Tiger Brokers Co has raised up to 200 million yuan (about US$29 million) in a Series B funding round participated by Citic Goldstone Management Co Ltd, and Huagai Capital.

Fosun Group, China's global investment firm has led the Series B investment round in Qinbaobao, a baby picture mobiles app that allows users to upload and share baby pictures and videos.