Abico Group, Gree, Mixi and Otto Group are all among the LPs that helped the venture firm close its fourth fund, which is set to back about 40 Asia-based internet, e-commerce and fintech startups.

Corporate-backed teleconferencing system provider Baijiayun raised cash at a $465m valuation while financial software provider Prime Trust closed a $64m round featuring Nationwide and Samsung Next.

Only five months after closing a $541m series A round, SVolt has closed a $1.58bn series B backed by investors including Xiaomi and Sany.

Info Edge, Intel, SoftBank and Tencent are all in line for exits as PolicyBazaar files for an initial public offering in India.

SoftBank and PayPal helped the payments platform raise a series B round, which will be used to further boost the expansion of its digital ecosystem.

SoftBank Vision Fund has returned to back the e-learning portal in a round which valued it at $3.44bn and lifted its overall funding to about $860m.

The transport provider is merging with publicly-listed Queen's Gambit Growth Capital at a $1.5bn valuation, with Zain and Agility both investing.

The biological ingredient technology developer, which counts BASF Venture Capital and Baidu Ventures as investors, raised more than $100m.

Ant Group-backed mobility serices provider has cancelled its initial public offering in the wake of regulatory crackdowns in its home country of China.

SoftBank-backed barbershop booking service Squire raised $60m at a $750m valuation while card issuing platform developer Lithic was valued at $800m in a round featuring Exor.