Aflac Ventures
Japanese insurer ups stake in PE-backed Singapore Life
Sumitomo Life will become the largest shareholder in Singapore Life (Singlife) – an insurer also backed by TPG Capital – having agreed to acquire Aviva’s 25.9% stake in the business for GBP 800m (USD 999m).
India, US-based Usher closes $50m Series C
Third Point Ventures has led a USD 50m Series C round for India and US-based enterprise artificial intelligence (AI) and automation technology provider Ushur.
Thailand insurtech player Sunday gets $45m Series B
Thailand-based insurance technology start-up Sunday has received $45 million in Series B funding from a group of investors including Tencent Holdings.
TPG backs $2b carve-out of Aviva Singapore
TPG Capital has joined a consortium led by Singapore Life (Singlife) that has agreed to acquire the Singapore business of UK insurance giant Aviva for S$2.7 billion ($2 billion).
Indian cardiac analytics firm Tricog raises $10.5m
Tricog, an India-based cardiac analytics firm, has raised $10.5 million in Series B funding from a group of domestic and international VCs.