Southeast Asian ride-hailing player Grab has invested more than $100 million in India-based online hospitality platform Oyo.
The investment is part of Oyo’s $1 billion Series E round announced in October, according to regulatory filings cited by Bloomberg. An initial tranche of $800 million was led by SoftBank Vision Fund,...
India-based ride-hailing platform Ola has committed $100 million worth of inventory to domestic scooter sharing business Vogo. It is part of a Series A round that also features Matrix Partners India and Stellaris Venture Partners.
Clifford Chance has launched a start-up incubator focused on legal technology and innovation in Singapore.
US-based private equity firm Strattam Capital has acquired a majority stake in Australian workforce management software-as-a-service provider Acendre Partners for an undisclosed sum.
AsiaInfo Technologies, a Chinese telecom software provider that was privatized by a CITIC Capital-led consortium in 2014, has raised HK$899.3 million ($115 million) in its Hong Kong IPO.