Everyone in Japan’s startup scene has been guessing which of the about 20 local clones Chicago-based Groupon would buy for about 3 months now. And today it came to light that the Americans have chosen to go for Qpod, which offered its first daily deal on May 28. And they are not losing time with… Continue reading Groupon To Buy Majority Stake In Japanese Clone Qpod
Tag: Infinity Venture Partners
KDDI Commits To Invest On IVP Fund
On Wednesday, Tokyo-based independent venture capital Infinity Venture Partners (IVP) LLP announced that Japan’s second largest telecommunication company KDDI has committed to invest on IVP Fund B, L.P. The fund has fundraised from Japanese tech ventures, and is investing in mobile start-up companies in Japan and Mainland China. (Refer to these Asiajin article [1][2] for… Continue reading KDDI Commits To Invest On IVP Fund
IVP Fund Invests In China’s Largest Mobile SNS
Infinity Ventures LLP[J], a Tokyo-based independent venture capital unit investing in tech start-up companies, announced today it had invested approximately USD2.1M (JPY200M) in WAPTX (registered in Cayman Islands) running China’s largest mobile SNS called tx.com.cn(天下网)[C] (pronounced as tiān-xià-wǎng). The service owns 9 million users as of July 2009, and Tokyo-based mobile SNS company DeNA announced… Continue reading IVP Fund Invests In China’s Largest Mobile SNS
This Weekend’s Three Tech Events You Must See
On this weekend, here we can get a chance to witness three great tech events in a row. As first of all, a Tokyo-based social entrepreneur Todd Porter, the co-founder of Tokyo International School Patrick Newell and their companions will have the first event of TedxTokyo on this coming Friday at the National Museum of… Continue reading This Weekend’s Three Tech Events You Must See