Financial

Advocate Aurora Health, Foxconn, Johnson Controls and Northwestern Mutual have each put $25m into a $100m venture capital fund.

ZestMoney added a $13.4m second tranche led by Xiaomi to a round including PayU that now stands at $19.9m.

The investment holding company has made an investment in Paytm owner One97 Communications reportedly sized at up to $356m.

Binance's token-based impact fund has launched plans for an incubator that will supply $500,000 for each participant.

Since the beginning of 2017, Global Corporate Venturing (GCV) Analytics has tracked and seen a number of companies backed by China-based internet company Tencent go public in Hong Kong and the US.

Bank Mandiri and fellow corporate Gunung Sewu both took part in a $15.8m series A round for online lending platform KoinWorks.

The corporate's strategic investment fund led a round that valued the consumer credit platform at $500m, taking its total funding to $142m.

The Square-backed event ticketing management software provider has disclosed almost $360m in venture funding.

Rakuten Ventures has co-led a $50m series A-plus round for e-commerce company Black Fish that also featured a Fullshare Group subsidiary.