SoftBank Vision Fund has agreed to participate in a $1bn funding round for Paytm, but has stipulated the payment processing platform seek an IPO within five years.

Ping An is in line for an exit as its fintech spinout OneConnect files for an initial public offering potentially worth as much as $500m.

SpaceMarket has filed for an initial public offering on the TSE Mothers Market and its flotation will provide exits to CyberAgent, Opt, Recruit, My Navi and NTT Docomo.

SSIA-backed residential property marketplace secured Pavilion Capital and Gobi Partners as investors to support its bid to reach 20,000 Jakarta-focused property listings by the end of next year.

Akatsuki, Dai-ichi Life, Marui Group, Kaga Electronics and Shogakukan have all participated in a $13.8m funding round for Life is Tech.

GMO, Gree, KDDI, Colopl, Intelligence and Globis are all in line for exits as Lancers files for an initial public offering on the TSE Mothers Market.

STV has participated in a series A round for Raed Ventures-backed on-demand truck booking service Trukker, which is eyeing recruitment and customer experience improvement.

Xiaomi has made a strategic investment in the electric vehicle manufacturer’s $400m series C round alongside several unnamed new and existing backers.

Paytm has revealed it invests an average of $28m to $35m in startups each year but has now set aside $70m specifically to back early-stage artificial intelligence technology developers.

AI Medical has revealed corporates including Japan Post, Aflac and Sumitomo Mitsui Banking Corporation among others as backers to its previously announced series B round.