1. China to expand digital currency pilot, DCEP, the world’s first sovereign digital currency, to 3 regions

2. Jingdong ( active customers grew by 30% in Q2 2020

3. Chinese biotech firm JW Therapeutics files for Hong Kong IPO

4. Chinese genetics major BGI mulls $1b Shanghai IPO for unit

5. JD Group partners with in tourism push

6. Taiwan’s M17 Entertainment co-founder Joseph Phua steps down as group CEO

7. Robotruck firm Tusimple seeks IPO valuation of up to $7 billion

8. Chinese Cosmetics Startup Perfect Diary Aims to Double Valuation to $4 Billion

9. FutureX Capital Co-leads $120M Round In Chinese English Learning Platform Palfish

10. Source Code And DCM Co-lead New Round In Chinese AI Pharmaceutical Firm Galixir


Check out our latest podcast about “Digital Transformation: Converting Consumer Data into Gold; with Kevin Lee (IKEA), Alexis Richez (ZTP), German Torrado (Genetsis) and Abel Zhao (Travelflan)here

Check out our latest blog post about “Top 5 Podcasts to Understand How VCs Make Decisions” here



1. Indian community-commerce platform Trell raises $11.4m

2. India: Short-video app Mitron raises $5m led by Nexus Venture Partners

3. India: CarDekho plans to invest $20m in used car business in FY21

4. India’s L&T Finance exits CG Power by selling 8.4% stake for $10m

5. Singapore’s CapitaLand puts $100m venture arm on the back burner

6. Indonesian digital ledger app BukuKas raises US$9M pre-Series A from Surge, Credit Saison, others



1. Lightspeed raises $275m for third India-focused VC fund

2. US pension fund commits $40m to Axiom Asia’s sixth fund of funds

3..Tencent takes minority stake in French casual games maker Voodoo

4. IBM rolls out new Power10 chip, taps Samsung for manufacturing

5. Amazon to help Toyota build cloud-based data services

6. AutoX launches its RoboTaxi service in Shanghai, competing with Didi’s pilot program

7. TikTok announces a deal with UnitedMasters, its first music distribution partnership

8. DST Global pumps $35 million into Asian e-grocer Weee!

9. India: Healthtech firm Practo raises $32m led by China’s A1A Company



1. Edtech VC Funding Reaches $4.1B So Far This Year

2. Australian investment firm HEAL Partners seeks to raise $71m fund

3. APEX Ventures Forms Second Fund Around Digital Health

4. SoftBank builds $1.2b Amazon stake; invests in Netflix, Tesla

5. American Express to acquire SoftBank-backed online lender Kabbage

6. Tokyo-based Ant Capital makes $253m buyout offer for Softbrain

7. Fintech company Robinhood’s New $200M Series G Gives It An $11.2B Valuation

8. Insight-led $60M Investment Gives Keeper Security Room To Grow

9. Grafana Labs Brings In $50M Series B For Open-Source Developer Platform

10. Agiloft raises $45 million to automate contract procurement and management

11. Datasembly’s real time pricing tool for consumer goods raises $10.3 million

12. Hour One raises $5M Seed to generate AI-driven synthetic characters from real humans

13. Hammock collects £1M seed for its current account for landlords and property managers


Image Credits: Decrypt

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