Thursday, November 1, 2018

Line Games, chat app Line's gaming division, raises $110M from Anchor Equity Partners; Anchor acquires 27.5% stake, dilutes Line's holdings to a minority 41.7% (Jon Russell/TechCrunch)

Jon Russell / TechCrunch:
Line Games, chat app Line's gaming division, raises $110M from Anchor Equity Partners; Anchor acquires 27.5% stake, dilutes Line's holdings to a minority 41.7%  —  Messaging app firm Line has given up majority control of its Line Games business after it raised outside financing to expand …



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India announces a new $1.15B Fund of Funds for startups with an "expanded scope" compared to previous initiatives, and extends tax benefits for startups (Manish Singh/TechCrunch)

Manish Singh / TechCrunch : India announces a new $1.15B Fund of Funds for startups with an “expanded scope” compared to previous initiat...