The chipmaker's corporate venturing arm, Applied Ventures, is putting together a team in Singapore to increase its activities in Asia.

The firm's Jio Digital India Startup Fund is being launched in conjunction with its forthcoming 4G network, and the money is set to be invested in the next five years.

The fund's LPs include Ohio State University, Ohio Third Frontier and several corporations.

Netherlands impact investor Social Impact Ventures has closed its first fund at $45m, with insurer ASR providing $5.6m and ASN Bank $3.3m.

The fund's LPs include Nationwide, Cardinal Health, Worthington Industries, Crane Group, AEP Ohio, Dispatch Printing Company, State Auto Insurance and IGS Energy.

The CVC unit has launched a $270m tech fund and a $225m healthcare fund this year, while sister firm Hony Capital has raised a $2.2bn private equity fund.

Focus Media and China Everbright Group are teaming for a technology, media and telecommunications investment fund that will initially target $300m in fundraising.

The insurance provider has joined forces with accelerator Plug and Play to create a scheme aimed at insurance technology as part of its Digital First strategy.

Generali Insurance, Miele and Barmer Gek are among the limited partners that backed the first close of the fund, which is expected to reach $135m in size.

Recruitment firm Kelly Services has established a $10m fund with its Asia Pacific partner Temp Holdings, aimed at Indian startups in the human resources sector.