The bank has opened an innovation lab called Exellerator in Singapore, representing its first incubator in Asia.

Following similar initiatives in countries such as Canada and France, Cisco has announced an India digitisation drive that will include a $40m corporate venturing fund.

The corporate-backed firm is launching a fund called Bharat in order to expand its focus from clean energy to sectors like healthcare and agribusiness.

UniCredit Evo will fund early-stage developers of innovative technology and mid-stage investments in more established companies.

The Vietnam-based digital advertising company is using its Novaon Fund unit to expand its operations by incubating and investing in local startups.

The financial services provider will look to invest in seed-stage companies developing disruptive technologies with long development time frames.

The financial services provider will look to invest in seed-stage companies developing disruptive technologies with long development time frames.

JLinx will be based at subsidiary Janssen's Beerse campus and will be funded by J&J subsidiary Johnson & Johnson Innovation - JJDC.

Motorola Solutions and Reliance Industries are also part of a consortium that will run a new JVP Labs incubator in Jerusalem.