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Page 443

True Incube and Line Games back gaming fund

Subsidiaries of True Corporation and Line are among the founders that have provided $22.7m in capital for a private equity fund that will invest in gaming technology startups.

Mar 20, 2019

Instarem increases series C round to $41m

The financial remittance service has added $21m to more than double a series C round that included Telkom Indonesia, Kasikorn Bank, Rocket Internet and SBI.

Mar 20, 2019

Qart Medical instills funding

TAU-founded Qart Medical has been backed by the university’s Technology Innovation Momentum Fund and Chartered Investment Managers, itself a partner in TAU Ventures.

Mar 19, 2019

Hyundai and Kia mobilise $300m Ola investment

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.

Mar 19, 2019

36Kr seeks lowdown in $100m IPO

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.

Mar 19, 2019

Hanwha goes through Golden Gate for $200m fund

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

Mar 19, 2019

Carro drives series B round to $90m

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

Mar 19, 2019

Hana Ventures chooses KIP’s Choi

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.

Mar 19, 2019

Royole flexes $1bn funding muscles

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.

Mar 18, 2019

Hotstar shines with $153m

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.

Mar 18, 2019
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