Tag Archives: Japan

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SoftBank leads US$90M round in India’s Housing.com

SoftBank leads US$90M round in India’s Housing.com

The house hunting platform has raised a total investment of US$121 million in two years Housing.com, India’s house hunting platform has raised its fifth round of funding of US$90 million led by the SoftBank Group, along with Falcon Edge and other existing investors. Housing.com has now raised more than US$121 million in just two years.


[Singapore] Wasabi Insight – From Japan to Singapore

Network with business professionals in Japan and Singapore, and find out more about overseas business expansion in the ASEAN region   Synopsis: WASABI Insight Is a monthly social networking event for bridging Singapore Japan in terms of business, culture, and talents, in order to enhance interaction and exchange of ideas between Singaporeans, Japanese, as well as other


Luxury consignment app Reclo secures US$2 million

The Japanese app that lets people sell luxury goods and refresh their closets has raised funds from B Dash Ventures and Future Investment Japan-based company Active Sonar, most known for its luxury goods consignment app Reclo, has announced securing about US$2 million in funding, reported The Bridge yesterday. The funds were raised from Japanese investors B


Regulations hindering cloud growth in SEA: Aravindan of Barracuda

Cloud computing in Asia is thriving mostly in Japan, Singapore, Australia, rather than India, Malaysia or China, shares Aravindan Anandan of Barracuda As the trend towards cloud computing continues, the advantages are constantly being weighed against the potential risks. This is especially true in the enterprise space, with some large corporations still hesitant about the


A slowly strengthening Japan hits 86 IPOs in 2014; over half in tech

The increasing number of IPOs will be welcomed by Japan as it continues to struggle with keeping its economy afloat in 2014 Japan had some good news to share: the country has seen a record number of IPOs in 2014, up from 64 in 2013 to 86 this year, according to a report by Japan


GrabTaxi grabs US$250M in Series D round from SoftBank

The funding will be utilised to accelerate growth and hire new talent in the region Taxi booking app, GrabTaxi has secured US$250M in Series D funding from Japan’s SoftBank Internet and Media Inc (SIMI), making it the largest investor in GrabTaxi. The funding will be utilised to accelerate growth and hire new talent in the region.


Global Brain invests in IzumoBASE

With this investment, IzumoBASE will complete the development of the next major release of its storage solution, and move its global expansion plans forward The GB-V Growth Fund Investment Limited Partnership managed by Global Brain Corporation has invested an undisclosed amount in IzumoBASE, a company that develops and licenses software-defined storage solution IzumoFS. With this investment, IzumoBASE will complete


Accounting SaaS Japan raises US$8.5 million in Series B round

Investors are Fidelity Growth Partners Japan, Arbor Ventures, iMercury Capital and Mobile Internet Capital Japan-based accounting Software-as-a-Service (SaaS) provider Accounting SaaS Japan (ASJ) today announced raising JPY 1 billion (US$8.5 million) from Fidelity Growth Partners Japan, Arbor Ventures, and iMercury Capital, as well as existing investor Mobile Internet Capital. The company will use the funds

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India has no option but to act: Forbes’ CEO Ashok Barat

In this exclusive interview with DI’s Masami Hamada, the Forbes CEO discusses the future of India-Japan relationship Ashok Barat is a top business leader in India who has accumulated experiences in companies inside and outside of the country. He is the Managing Director and CEO of  Forbes & Company Ltd, a member firm of Shapoorji


LINE launches Maps for Indoor; navigates 37 Toyko locations

Available in five languages, Maps for Indoors to help users navigate ‘shopping malls, department stores, and other indoor facilities’ Japanese communication platform LINE yesterday announced the launch of its brand new Maps for Indoor app on Android, available in five languages, to help users navigate ‘shopping malls, department stores, and other indoor facilities’. Indoor mapping has been something


Japan’s startups face one fatal flaw beyond simple risk aversion

Kauffman Fellows’ Philip Wickham holds the view that Japan’s onerous bankruptcy laws are one of its biggest problems for budding startups Speaking to e27 ahead of StartmeupHK Week in Hong Kong that runs through to Sunday, keynote speaker Philip Wickham said Japan’s startup culture faces a much bigger problem than just the stereotype of being risk-averse Asian


With this personal stylist app, you can dress like a fashion diva

Japan-based Colorful Board launches personal fashion stylist app Sensy to help ‘match people and items’ Japan-based Colorful Board Inc. today launched its personal fashion stylist app Sensy on iPhone to help with ‘matching people and items’. The app boasts having over 1,600 Japanese fashion brands on board at the time of launch, as well as a handful of celebrity endorsements.

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Bharti SoftBank acquires 36.5% stake in India’s answer to Buzzfeed

SoftBank has acquired stake in Indian media startup ScoopWhoop for an undisclosed amount Bharti SoftBank, a joint venture between business group Bharti Enterprises and SoftBank Corp, announced today that it has acquired a 36.5 per cent stake in ScoopWhoop, an Indian-focussed media startup. The amount of the deal is undisclosed. The format of ScoopWhoop is similar

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Ola to raise US$210 million in Series D funding led by SoftBank

The Indian cab booking service will use the fresh investment to expand across newer cities and categories Ola (formerly Olacabs), a cab booking service in India, to raise US$210 million from SoftBank Internet and Media, Inc, and existing investors, Tiger Global, Matrix Partners India and Steadview Capital. This fresh investment will be used for expansion across newer cities and


SoftBank to invest US$627 million in Snapdeal

With this latest funding, Softbank will become the leading investor in the Indian e-commerce player. It has raised closed to US$1B this calendar year Japan’s SoftBank Group announced today that it would invest US$627 million in Indian online retailer Snapdeal. With this latest funding, Softbank will become the leading investor in Snapdeal. Existing investors have also participated in this round with a significant


trippiece’s English site scores 27 trips, 480 users in 6 months

The social travelling platform has been doing well in Japan, but wants to capture more users in rest of Asia Japanese travel startup trippiece first launched its English website in April 2014. Half a year later, it has today announced having conducted 27 trips with 480 users on its English version. For background, trippiece is