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News Wrap: Tianji Shuts Down, 4 Asian Startups Bulk Up

Indian online grocery portal PepperTap closed $4 million in funding from InnoVen Capital as part of a $40 million Series B funding round that it began raising in October 2014, bringing its total funding to $51 million. In addition to InnoVen, investors in the latest round include SnapDeal, Sequoia India, SAIF Partners and JAFCO Asia. Concurrently,...