SCREP VII will continue to invest around 60 per cent in Japan.
Countries such as Myanmar, Vietnam and Thailand are increasingly evincing investor interest.
The company said it plans to raise as much as $10 million in the current funding round.
The government has proposed a 30 per cent cap on overseas investment in fintech firms.
This is the first-ever acquisition by private equity-backed e-commerce marketplace Tiki.
BBPOS recorded revenue of $43 million in 2018.
Q & A
The venture capitalist has recently made its first close of the second fund at over $20 million.
In 2016, the startup had raised $1 million from individual investors.
The total financing Lixiang has received now nears $1.58 billion.
The firm is yet to start offering car ride-hailing service in Vietnam.
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