Investors including SBI and Sugi chipped in to help Inagora, the operator of cross-border e-commerce marketplace Wandou, raise $48.4m.

Line Ventures backed a $36.2m round for AI-equipped e-commerce platform TimeBank that will help the startup acquire new users and partners.

Frasers Property has expanded its share of the co-working space operator to 22.2% by acquiring $12.4m of additional stock in a secondary share purchase.

Managing director Paul Ark is departing from Siam Commercial Bank after overseeing its SCB Digital Ventures unit for nearly four years.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

The funding will make up part of a round expected to close at $500m in the next two months and valued the food listings and ordering platform at $3bn.

Qualcomm Ventures took part in a series D round that hiked the valuation of the electric scooter rental service from $250m to $450m.

PayU will acquire 80% of portfolio company PaySense at a $185m valuation and is channelling $200m of investment into the online lender.

Lilly Asia Ventures took part in a series B-plus round that marks the first for biopharmaceutical company Transcenta Holding, formed through the merger of two of the corporate's portfolio companies.