AIA to acquire 25% stake in China Post Life Insurance for $1.9b
China Post Life is a subsidiary of China’s postal service operator, China Post Group Co. Ltd.
SG crypto research firm Nansen bags $12m in Series A round led by a16z
Skyfall Ventures, Coinbase Ventures, imToken Ventures, Mechanism Capital and QCP Capital joined the round.
Linklogis, Sunway said to jointly seek Malaysia digital bank licence
Sunway will hold a majority stake in the venture.
Saudi Telecom Co gets approval for planned IPO of subsidiary
The Capital Market Authority approved an offering of 20%, representing 24 million shares of Solutions by STC.
China’s CDH Investments sub-fund raises $310m for data centre vehicle
The fund, initiated in April last year, marks China’s first yuan fund focused on data centres.
India: 9Unicorns announces fourth close of accelerator fund at $50m
9Unicorns has already committed investments in 59 odd startups.
WuXi AppTec-backer Eight Roads launches $400m healthcare fund for China
Eight Roads will tap early-stage opportunities in therapeutics, medtech, and digital health.