The round was also joined by global healthcare fund DNA Capital besides existing investors SOSV and Artesian Capital.
India: Mobile gaming platform Nazara acquires Sportskeeda
LUN Partners leads Series A funding in insurtech startup The CareVoice
Indian market regulator Sebi relaxes FPI rules, share buyback norms
People Digest: OYO to lay off 150-200 from sales; Paytm promotes Madhur Deora as Prez
India Dealbook: InterviewBit, Dose FM in funding news; Avanti eyes $150m
Vietnam’s e-commerce major Tiki acquires Ticketbox
GOJEK may enter Malaysian market soon, says Youth Minister Syed Saddiq
WhatsApp sets sights on launching mobile payments service in Indonesia
SG’s Sea Ltd’s gaming division buoys Q2 earnings amidst widening losses
Indonesia’s Medco Energi to list Amman Mineral subsidiary by early 2020
The new capital will help Knotel target countries such as Japan, Korea, China, Hong Kong, Singapore, and India.
SCREP VII will continue to invest around 60 per cent in Japan.
The deal signals the growing interest of Chinese companies in the Middle East.
Plus.AI counts China’s largest truck-sharing platform, Full Truck Alliance Group, as its external shareholder.
Goldman has applied to boost its stake in Goldman Sachs Gao Hua Securities Co. to 51% from 33%.
IPOs & Markets
The e-commerce company's Hong Kong listing was slated to take place in August.
BBPOS recorded revenue of $43 million in 2018.
Including debt the deal value amounts to $5.6 billion, though some analysts said the cash value should be higher.
Its revenue rose 1.4 per cent to $3.84 billion for the three months ended June 30.
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