A subsidiary of hedge fund sponsor Tekne Capital Management has invested in the series G round being raised by Ola, which is also backed by SoftBank and Didi Chuxing.

Hong Kong X Technology Fund was established to support participants in an accelerator co-founded by professors from HKUST and University of Hong Kong.

Encored Technologies USA, a branch of Korean energy data management technology provider Encored, has secured $6m in funding from SoftBank.

JD.com's financial services arm has announced a consumer-focused venture capital fund called Qianshu Capital that will invest at seed or series A stage.

Media group PCCW's online video spinout has received funding from Foxconn's corporate venturing unit as well as Hony Capital and Temasek.

The internet company's CEO has revealed plans to raise up to $500m for a fund that will invest in online financial technology companies.

The broadcaster has invested $12m in online travel booking platform Wego and also plans to promote the company's services through its media platforms.

Bank Negara Indonesia is considering the creation of a corporate venturing arm that would focus on the financial technology sector.

Iheima has raised $27.3m in its initial public offering, becoming the first incubator to float in China and providing an exit to corporate investors Toread and Youyou.