Finstar Financial Group, a Russia-based private equity firm focused on financial technology, will invest $50 million in an existing portfolio company as part of a Southeast Asian mobile consumer lending agenda.
The capital will support operations by Digital Finance International (DFI), which provides unsecured financing to customers in emerging markets. It represents the first commitment in a five-year $150 million...
Space Cycle, a boutique fitness studio chain operating in mainland China and Taiwan, has raised a RMB100 million ($15.6 million) Series B round of funding led by Alibaba Taiwan Entrepreneurs Fund.
Creador is targeting $500 million for its fourth Southeast Asia and India-focused fund. The private equity firm closed its previous vehicle at $415 million in late 2016.
SBI Investment, the VC arm of Japan’s SBI Holdings, has launched a JPY50 billion ($450 million) fund that will focus on artificial intelligence (AI) and blockchain technology.
Singapore’s Temasek Holdings has led a Series C round of undisclosed size for Rokid, a Chinese artificial intelligence (AI) developer focused on home automation devices.