Shenzhen Fortune Venture Capital has committed RMB100 million ($15 million) in an extended Series B round of funding for Huize.com, a Chinese third-party insurance services platform.
Eight Roads Ventures has appointed former SBCVC investment partner Joe Chang as a partner on its China team.
New Zealand-based start-up incubator and investor Powerhouse Ventures has filed to raise as much as A$20 million ($15.2 million) through an Australian IPO.
Sequoia Capital India has led an INR800 million ($12 million) Series E round of funding for Indian online health products vendor Healthkart.
Rakuten Ventures, a corporate VC arm of Japanese e-commerce giant Rakuten, has led a $35 million Series B round of funding for Singaporean online flea market shopping app operator Carousell.
MPM Capital, a US venture firm focused on early-stage life science companies, has launched a new investment vehicle in partnership with Japanese pharmaceutical company Astellas Pharma.
Thailand's Siam Commercial Bank (SCB) has formally announced a financial technology investment strategy aimed at improving customer experience while encouraging domestic start-ups to keep up with changes in the global market.
The International Finance Corporation (IFC), the investment arm of the World Bank, has proposed a $15 million investment in Indian education start-up Byju’s.
China’s PGA Venture Partners has led a $4.5 million Series A round of funding for Hong Kong-based financial services software provider Quantifeed.
Singapore’s Vickers Venture Partners has reached an S$86 million ($63.3 million) first close for its fifth fund, which is targeting early and expansion stage Asian companies.
US-based 500 Startups has received $8.3 million in LP commitments for its Thailand-focused early-stage fund 500 TukTuks after expanding its targeted scope on the back of increased investor interest.
GSR Ventures has participated in a $70 million financing round for Protean Electric, a US automobile equipment developer with an expanding operations base in China.
IIFL Asset Management has led a INR2 billion ($30 million) Series D round for online jeweler BlueStone.
Singapore’s smart nation urban development policy has attracted noticeable interest from the VC industry. The plan’s broad inclusiveness and lack of hard targets could bode well for its sustainability
Sri Lanka and Singapore-based venture firm BOV Capital has launched its maiden INR1 billion ($14.9 million) vehicle, with a mandate to invest in early-stage Sri Lankan technology companies.
Singapore private equity firm Hera Capital has made an undisclosed equity investment in My Social Book, a company that publishes personalized hardback scrapbooks, diaries and photo albums based on customers’ timestamped social media resources.
Singapore-based biotech company Aslan Pharmaceuticals has raised $23 million in a pre-IPO financing round that attracted participation from a range of new investors, including a number of Taiwanese groups.
Australian venture capital firm Alchemy Ventures has launched a A$200 million ($150.3 million) fund that will focus largely on regional start-ups specializing in electric vehicle (EV) batteries.
US venture capital firm Stripes Group has led an INR5.5 billion ($81.4 million) funding round for India’s Bigtree Entertainment, the company behind cinema and events ticketing site BookMyShow.
VC-backed Chinese vacation-rental website Tujia.com has agreed to take control of its industry peer Mayi.com, which has also received venture investment, for an undisclosed sum.
Intellegrow Finance, a non-banking financial company (NBFC) and venture debt lender that targets small and growing businesses in India, has raised INR1.34 billion ($20 million) from investors including existing backer Omidyar Network.
Singapore-based Golden Gate Ventures has closed its second early-stage venture fund focused on Southeast Asia at $60 million.
Sequoia Capital and Unitus Seed Fund have invested $4 million in a Series A round of funding for Indian education network operator Cuemath.
China-focused Chengwei Capital has led a Series A round of funding worth about RMB100 million ($15 million) for Huishoubao, a Chinese electronic devices recycling platform.