Australian financial technology company Airwallex has received a $100 million Series C round led by DST Global at a valuation of more than $1 billion.
Existing investors Sequoia Capital China, Tencent Holdings, Hillhouse Capital, Gobi Partners, Horizons Ventures and Square Peg Capital, all re-upped in the round. It brings the company’s total capital...
The Overseas Private Investment Corporation (OPIC), a development finance arm of the US government, will invest $185 million in India’s small to medium-sized enterprise sector.
500 Startups has teamed up with a unit of the United Nations to launch an impact-focused start-up accelerator in Indonesia.
Qiming Venture Partners has led a $37 million Series B round for Insilico Medicine, a Hong Kong-based drug development company that uses artificial intelligence (AI).
Texas County & District Retirement System (TCDRS) has committed up to $100 million to Baring Private Equity Asia’s seventh pan-regional fund.