1. China Everbright Limited and AIoT firm Terminus join hands to launch $1.4b fund

2. Ant Group Tops Hurun Global Unicorn List 2020, Followed by ByteDance, DiDi Chuxing

3. Alibaba Health raising US$1 billion through new share sale to fund expansion of pharmaceutical network

4. Tencent said to lead the merger negotiation between livestream platforms Douyu and Huya


Check out our latest podcast about “Demystifying the World of DeFi, with Cao Yin, Founding Partner of Digital Renaissance Foundation” here

Check out our latest blog post about “Founders Explain How They Succeeded with Their MVPs” here



1. India: Moody’s upgrades Yes Bank by a notch after capital raise

2. India’s ShareChat in talks to raise up to $200m

3. Indian parent Info Edge launches $250m share sale

4. Grab Financial to launch micro-investment, loan and instalment services

5. Singapore biotech startup Gero raises $2.2m in Series A round

6. Singapore to set up Asian digital finance research institute by end-2020

7. Singapore’s e-learning marketplace ACKTEC secures funding

8. Cambodian fintech startup Clik closes $3.7m seed funding



1. KKR raises record $11b so far for fourth Asia buyout fund

2. China’s ride-hailing king DiDi faces uphill battle in Russia

3. Thailand’s digital minister threatens Facebook with legal action over restriction requests

4. GIC, Temasek buy shares in India’s Bandhan Bank amid holder’s $1.94 billion stock sale

5. Financial software giant Intuit to acquire SG’s TradeGecko

6. Sequoia India appoints former Gojek CTO Gore as operating partner

7. US fintech firm Vesta gets EDBI backing for APAC expansion

8. Thailand’s True Digital Group Invests In Chinese Unmanned Retail Solution Provider SandStar

9. Indonesia’s entertainment firm Visinema summons Malaysia’s iflix with subpoena for pending license fee

10. Japanese retailer Aeon to invest $180m in first Myanmar mall

11. IFC provides $140m COVID-19 financing to Vietnam’s VPBank, OCB

12. Singapore’s Equis Development raises $85m for renewables platform in South Korea

13. SoftBank, Kakao Give Serialized Fiction App Radish $63M Series A Boost To Build New Story Content

14. Bain Capital leads Series E funding in Japanese payments platform Hey



1. Google’s $2.1b Fitbit deal hits roadblock as EU launches probe

2. Japan’s SoftBank under-reported income by $380m last fiscal

3. T-Mobile launches world’s first American standalone 5G network

4. Sony’s key image sensor business hit by smartphone market decline

5. Toshiba plans $320m AI research hub to spearhead recovery

6. Amazon gets approval to buy 16% stake in UK food delivery firm Deliveroo

7. Microsoft, Amazon back SoCal company Syntiant making microchips specifically for voice-based apps

8. Software unicorn Intercom hires a CFO as it ramps toward an IPO

9. is laying off up to 25% of its workforce due to coronavirus downturn

10. Kite brings its AI-powered code completions to Jupyter notebooks

11. Rippling nabs $145M at a $1.35B valuation to build out its all-in-one platform for employee data

12. Rigetti raises $79M Series C for its quantum computing platform

13. Yotpo raises $75M for its e-commerce marketing cloud

14. Qualified raises $12M to make websites smarter about sales and marketing

15. Isima emerges from stealth with $10 million to apply intelligence to real-time data

16. Breezeway Brings In $8M Series A For Property Management Platform

17. ANA Therapeutics Raises $5M Seed, Secures FDA Clearance For COVID-19 Treatment

18. TaxScouts raises £5M Series A to expand to Europe, first stop Spain

19. GreyNoise announces $4.8M seed investment to filter harmless security alerts

20. AgentSync raises $4.4M for its insurtech compliance service


Image Credits: The Star

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