Japanese group coupon buying site Luxa just closed its Series B funding of $5.3 million (500 million Yen) from JAFCO. The Japanese VC also backed Luxa’s Series A round in November 2010, when it put in the same amount. This brings Luxa’s total funding to $10.6 million since operations started in August 2010. Luxa is a daily-deals site like Groupon, but it positions itself towards the… → Read More
Bubble Motion, which offers a popular a Twitter-like voice blogging service in India, Japan, and Indonesia, has raised $5 million in new funding from venture firm, JAFCO Asia. Previous backers include SingTel Innov8, Infocomm Investments, Sequoia Capital, Palomar Ventures, and NGC.
Bubble Motion’s Bubbly platform is a voice-blogging phone service that allows people to share status updates in… → Read More
Mozat, the mobile social networking platform formerly known as Morange, is making strides in Asia and the Middle East. The eponymous company behind the app has just announced that it has surpassed 10 million registered users, predominantly based in those regions.
The startup has also disclosed that it raised a Series A funding round led by JAFCO Asia earlier this year, although it didn’t disclose… → Read More
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