Asia Digest: Korea's TMON secures $276m; Australian unicorn Canva buys two firms

TMON, short for Ticket Monster, received 255 billion won in fresh funding from a consortium led by Seoul-based private equity firm PS Alliance, allowing it to get back on track for an IPO on the local stock exchange in the second half of the year. PS Alliance is a private equity fund manager owned by South Korean automotive and electronic components manufacturer Poongsung Group. Australian online design platform and unicorn Canva has acquired two European companies in a bid to grow its global influence. Canva took full control of Kaleido.ai, the Austrian visual AI startup behind the eponymous popular design tool that instantly removes background from a photo or video. Last year, Canva raised $60 million in a funding round co-anchored by Blackbird Ventures and Sequoia Capital China that valued the company at $6 billion.