1. Hong Kong healthtech investor Ori Capital hits first close on targeted $400m fund

2. Apple iPhone maker Foxconn teams up with Chinese automaker Geely to make cars for other companies

3. Chinese PC maker Lenovo soars 9.6% after saying it will list shares on Shanghai’s Nasdaq-style board

4. Chinese facial recognition unicorn Megvii prepares China IPO

5. Chinese Private Rocket Firm i-Space To IPO

6. Sequoia-backed Chinese cloud tech firm Yuntongxun weighs $500m IPO

7. Digital Earth PaaS Firm TerraQuanta Raises Funds From Shunwei Capital

8. Chinese Auto-Driving Company WeRide Raises $310M in Series B Financing Deal Led by Yutong Group


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1. PayTM says could turn profitable in 2021

2. Indian edtech major Byju’s to acquire offline tutoring center Aakash

3. India: cryptocurrency investment platform CoinSwitch Kuber raises $15m Series A led by Ribbit, Paradigm

4. Ex-WhatsApp, Google execs join $7m round for Indian public transport startup Chalo

5. InnoVen Capital invests $6.8m in Indian B2B construction marketplace Infra Market

6. India-based vehicle service startup ReadyAssist nets $1m in seed round

7. Grab’s fintech arm GFG raises US$300M Series A with an aim to ‘close the financial inclusion gap’ in SEA

8. Sea Group acquires Indonesia’s Bank BKE to ramp up digital payments plan

9. Momo secures Series D to become Vietnam’s next super-app; plans to launch new startup fund

10. Be Group ties up with VPBank to launch digital bank Cake in Vietnam



1. Trump administration shelves planned investment ban on Alibaba, Tencent, Baidu

2. Amazon takes on Netflix in India with cheaper mobile-only Prime Video plan

3. Amazon India launches online academy to coach future engineers

4. Tiger Global, others buy $50m shares in Indian edtech unicorn Unacademy

5. Tesla incorporates its unit in India, filing shows

6. Tencent leads $85m round in Germany’s digital insurance broker Clark

7. GIC backs $450m Series C funding in European payments firm



1. Shopify just made a $2 billion windfall on Affirm IPO, six months after their partnership

2. Dropbox to cut 11% of its global workforce

3. Qualcomm eyes challenge to Apple, Intel with $1.4 billion deal for chip startup

4. Intel’s self-driving car unit plans to step up use of its own radar tech by 2025

5. Walmart creates fintech startup

6. Delivery Hero launches USD 60 million fund for early-stage startups

7. SoftBank-backed online car dealer Auto1 to go public in first quarter, plans to raise $1.2 billion

8. Business trip platform TravelPerk buys YC-backed rival NexTravel

9. Payments start-up Rapyd doubles valuation to $2.5 billion as Covid turbocharges growth

10. Signal and Telegram downloads surge after WhatsApp says it will share data with Facebook

11. Digital lender Blend brings in $300M for lending

12. Webflow, which allows users to build and design websites without coding, raises $140M, hits $2.1B Valuation

13. Iziwork raises $43 million for its temporary work platform

14. Vdoo raises $25M more to develop its AI-based security for IoT and connected devices

15. Tokyo-based SODA, which runs Japan’s largest sneaker resell platform, lands $22 million led by SoftBank Ventures Asia

16. UK on-demand supermarket Weezy raises $20M Series A led by NYC’s Left Lane Capital

17. Stacklet raises $18M for its cloud governance platform

18. Foodtech company CookUnity serves up $15.5M for meal subscription

19. E-commerce optimization startup Tradeswell raises $15.5M

20. Rho Raises $15M Series A For Commercial Banking Platform

21. Gainful Powers New Hydration Drink Line With $7.5M Series A

22. LEX Lands $6M For Real Estate Securities From Investors Including Ric Clark And DeAndre Hopkins


Image Credits: CNBC

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