Indian payments startup BharatPe raises $7m debt from Northern Arc Capital
The company was planning to raise $200m in debt this year.
Singapore cryptocurrency investor NGC Ventures launches $20m fund
The NGC fund made its first strategic investment into the decentralised exchange Dexlab.
Indian unicorn Groww to expand its offerings as interest in online investing surges
The company has raised more than $142 million from investors.
Malaysian state fund 1MDB said to be suing JP Morgan, Deutsche Bank, others for fraud
Reports suggest JP Morgan, and Deutsche Bank are among those being sued.
China’s CR Capital ties up with CCBD to set up $7.8b industry fund
The fund is set to invest in local brands in the consumer sector.
Monde Nissin draws GIC, Fidelity as cornerstone investors for PH IPO: Report
The talks also include Hong Kong insurer AIA Group and Capital Group.
Sequoia, GL Ventures co-lead over $100m funding in China’s Access Medical Systems
The round saw the participation of both new and existing investors.
China fines education startups Yuanfudao, Zuoyebang for misleading consumers
Chinese regulators have stepped up efforts to rein in education companies’ excessive advertising and false pricing.