Amazon has led a $12 million funding round for Acko, an Indian online insurance broker that is backed by the likes of SAIF Partners and Accel Partners.
Existing investor Catamaran Ventures also participated in the round, along with ChrysCapital co-founder Ashish Dhawan. The investment follows a $30 million round last year from SAIF, Accel, and Catamaran....
Abu Dhabi Investment Authority (ADIA) has agreed to invest INR 6.6bn (USD 83.5m) in India’s Aditya Birla Health Insurance (ADBHI) for a 10% stake.
Bain Capital has won board approval from Net Marketing, a Tokyo-listed online advertising and media management business, for a take-private that values the company at approximately JPY 13.6bn (USD 102m).
Insilico Medicine, a China-based artificial intelligence-driven drug discovery company, has closed the second tranche of its Series D round on USD 35m, with Prosperity7 Ventures taking the lead.
Singapore’s Merkle Science, a predictive crypto analytics platform, has raised USD 24m in Series A funding led by K3 Ventures, Darrow Holdings, and Beco Capital.