APUS Group, an 18-months-old Chinese Android application development start-up, has launched a venture capital fund in India with an initial target of US$45 million to invest in startups focused on mobile Internet innovations. The fund will be led by APUS, with participation from APUS' own venture backers, including Northern Light Venture Capital, Redpoint Ventures, Chengwei […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.