SoftBank Vision Fund, a vehicle created by internet and telecoms firm SoftBank, has joined forces with the international arm of insurance company ZhongAn Online P&C Insurance to establish a $200m joint venture, Reuters reported yesterday.
The partners have not announced a name for the joint venture, which will sell ZhongAn’s technology to financial and healthcare companies in Asia-Pacific, including SoftBank’s portfolio companies, in a bid to help ZhongAn expand beyond China.
SoftBank Vision Fund will invest more than $100m and…