Air carrier Air Asia is targeting a $60m close for the corporate venturing fund, which has emerged from its Redbeat Ventures subsidiary.

The online marketplace for handmade goods, which reportedly counts KapanLagi Networks as an investor, has shut its business.

Bigo, a social video livestreaming platform, has been acquired by its existing shareholder YY for more than $1.45bn in a deal that also provided exits for Ping An and Bertelsmann.

The corporate has sold part of its stake in online car trading platform Chehaoduo for more than $713m to an unnamed third-party investor likely to be SoftBank Vision Fund.

Singtel Group and WuXi Apptec both contributed to a UOB-led round that increased the online healthcare platform's overall funding to $78m.

Delivery Hero has confirmed a $50m investment in the food listings and ordering platform as part of a $105m second tranche of a round that now totals $315m.

The renewable energy project developer raised the cash in a round led by Eversource Capital, which is 50% owned by power producer Lightsource BP.

Astra International has committed $100m in series F capital to Go-Jek as part of an agreement to integrate the corporate’s fleet management system into Go-Jek’s vehicles.

The funding was led by SoftBank Vision Fund, valuing Grofers at $425m, and provided as part of a larger round expected to close at between $120m and $140m.

The fund has been formed as part of a wider technology and research investment drive that will involve up to $8.3bn being spent in the next five years.