Hyundai and Kia Motors have committed a combined $300m in funding to Ola as part of a strategic partnership that will drive an expansion of the latter’s electric vehicle fleet.

36Kr Media is considering an initial public offering in the US that would be sized at about $100m, providing exits for Baidu Video and Focus Media Information Technology.

Hanwha's investment management arm has joined VC firm Golden Gate Ventures for a series B-stage fund that has already raised $80m.

SoftBank Ventures Asia was among the returning investors that helped add $30m to a $60m first tranche that included Singtel Innov8.

Henry Choi has left Korea Investment Partners to lead global investment endeavours for Hana Ventures, the first corporate venture capital vehicle launched by a South Korea-based financial services firm.

Flexible display manufacturer Royole is seeking $1bn in funding as it prepares for an initial public offering that could provide an exit to Yuexiu Group.

Star India and Star US have injected $153m into Hotstar, a video streaming subsidiary of the former that is set to debut its first slate of original programming this month.

Tencent and Meituan Dianping-backed consumer goods trading platform Yijiupi has added $100m from Warburg Pincus to its coffers in a series D-plus round.

The Ola-backed point-of-sale technology developer has received a further $31.5m from some of its existing investors, according to regulatory filings.

Line's corporate venturing unit, Line Ventures, will invest $20m through its ScaleUp post-accelerator, which targets Thailand-based startups.