Tencent took part in a $400m round for Skydance Media while CrowdStrike helped Vanta hike its series B to $150m.

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Public markets

Zoomcar, an India-based on-demand car rental service that counts electronics producer Sony and automotive manufacturers Mahindra & Mahindra and Ford as investors, has agreed to merge with special purpose acquisition company Innovative International Acquisition Corp. The deal gives Zoomcar an implied pro forma enterprise valuation of $456m and it will acquire a listing on the Nasdaq Stock Market. The company had raised at least…

Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.