Tag Archives: Japan

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

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

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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

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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

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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

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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

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[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

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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

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[Singapore] Singapore startups meet Japanese Giants

Meet representatives of well-known Japanese companies and find out what they look for in SEA startups   Synopsis: Rakuten, CyberAgent, Yahoo Japan, NTT…  A tour group made of mega corporations from Japan is visiting Blk71 coming 22th September, Monday, led by MBA professor and Venture Capitalist Dr. Hasegawa. Companies will have the opportunity to network

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Yume no Machi Souzou linkai acquires Klik-Eat

The Japanese company now owns 55.6 per cent shares of Indonesian online food delivery portal Klik-Eat Yume no Machi Souzou linkai, the largest food delivery server in Japan, has acquired Indonesia’s online food delivery portal Klik-Eat. It has increased its possession of Klik-Eat’s shares to 55.6 per cent from 19 per cent. This makes the collaboration of Yume no Machi,

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Business card management service Sansan launches in Singapore

Where will Japan-based startup Sansan go next? Its CEO hints at English-speaking markets in the region Japanese cloud-based business card management service provider Sansan has officially launched its namesake offering in Singapore, following its launch in the US in May 2014. For background, the Sansan app, available on iOS and Google Play, allows users to scan

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Who would have thought Okinawa could become a hotbed for tech startups!

The serene Japanese island is beaming with entrepreneurial energy. What is its attraction? We list 5 of its prominent startups When you think of the Japanese island of Okinawa, you think serenity, calmness, the origins of an ancient martial arts used in the Olympics, and the insanely huge Churaumi Aquarium. The last thing a regular Joe

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gumi, LINE join forces to form US$100M game funding programme

LINE has also invested substantially in gumi for a 10 per cent stake. Will users see more midcore games on the chat app? The company behind Brave Frontier gumi announced today during a recent press briefing (via The Bridge) that it will be teaming up with chat app company LINE to create a US$100 million funding programme for interested mobile game developers in

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He is GREE Ventures’ Morpheus. Say Hello to Kuan Hsu

This investor has a penchant for pop culture and photography. Here he talks about importance of a good team, his passions and more Kuan Hsu, Principal, GREE Ventures Asia, is one of the four people behind GREE Ventures, having established the fund’s Southeast Asian presence since 2012. GREE Ventures was initially founded as the investment arm

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