Didi Chuxing has invested $100m in the hotel platform, allowing Oyo to close a $1bn round led by SoftBank Vision Fund and backed by Grab.

Lilly Asia Ventures had contributed to cancer diagnostics technology provider Burning Rock's series C round, which was led by GIC.

Lilly Asia Ventures has secured a $40m commitment for its fifth biosciences fund, LAV Biosciences V, from San Francisco’s city and county pension fund.

Tencent-backed Douyu has confidentially filed to go public in the US, following another Chinese livestreaming platform, Huya, which floated last year.

Krungsri Finnovate, formed by the eponymous Thai bank in mid-2017, could be doubled in size to $60m as it looks to increase the size of its investments.

Trive Ventures and the co-working office space operator have launched a Singapore-based incubator to provide working support and space for startups.

Founded out of Massachusetts Institute of Technology, SendFriend has built a blockchain-powered online payment transfer platform that uses technology provided by fintech developer Ripple.

6Estates had previously raised $2m of funding for its market intelligence products based on research from NUS and Tsinghua University.

UAEpreneurs will operate with support from University of Manchester’s Middle East Centre in Dubai, providing 10 mainly digital-focused startups the opportunity to raise $50,000 to $250,000 in capital.

Legend Capital has contributed to a $25m series A round for Mancando, which provides supply chain services for the automotive parts industry.