Tag Archives: Japan


Global Brain invests in IzumoBASE

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


TransLimit raises US$2.7M from investors including LINE Ventures

The company behind social game app Brain Wars will soon release a new title and promote it to LINE users Japanese company TransLimit yesterday announced that it has raised JPY 300 million (US$2.7 million) from LINE Ventures, United, East Ventures, Skyland Ventures, and Genuine Ventures, according to The Bridge. For background, TransLimit is the company


SoundFocus launches smartphone case, says Japan is best market in Asia

The US-based company’s music player app has more than 20 per cent of users in Asia “Asia is a very important market for SoundFocus,” said Alex Selig, Co-founder and CEO, SoundFocus, a US-based company behind various audio products. Founded in September 2012, SoundFocus first launched its namesake music player app in July 2013. Today, according


[United States] East Meets West

East Meets West: Bringing Investors and Startups together in the Pacific Synopsis: East Meets West is a cross-cultural event exploring the idea of Digital Lifestyle: the innovative ways in which technology complements our daily lives. Join us for three days of deal making, learning, and networking amongst startup investors and digital entrepreneurs in a tropical


Rakuten to buy cash-back shopping website Ebates for US$1B

In 2013, US-based cash-back shopping website Ebates processed more than US$2.2 billion worth of transactions Japanese e-commerce firm Rakuten today announced its plans to acquire US-based cash-back shopping website Ebates for US$1 billion in cash. Additionally, it will hold 100 per cent of Ebates’ outstanding voting stock. Hiroshi Mikitani, Founder and CEO, Rakuten said in an