By Yoolim Lee
Sea is relying on a steady revenue flow from its online gaming business to fund investments in e-commerce and digital payments.
The latest investment is part of Paytm’s efforts to create consumer credit products.
Tencent this week became the first Asian firm to enter the club of companies worth more than $500 billion.
Ola recently raised $1.1b from SoftBank, Tencent and others.
SoftBank has also been a big investor in Uber’s rivals across Asia: SE Asia’s Grab, China’s DiDi, and India’s Ola
Online grocery firm Grofers India Pvt. Ltd has denied holding merger talks with larger rival BigBasket.
Its cap table includes Northstar Group, an early investor in Go-Jek.
Bluegogo, the country’s third-largest bike-sharing startup, has said it is going under.
Regulators seized documents from Airbnb in Tokyo on suspicion that it broke antitrust rules by asking users not to list properties on rival sites.
The venture debt round paves the way for a Series B round by the end of 2018.