DEALS
China's ride-hailing leader
Didi has raised $500 million in funding from
Softbank's Vision Fund II for its autonomous driving technology subsidiary.
BYD
has snagged $113 million from
Sequoia Capital China
and 13 other strategic investors to produce the chips that go into electric batteries.
Hong Kong-based diversified financial service
Lion Group goes public in the U.S. through a business
combination with Proficient Alpha Acquisition Corp., a special purpose acquisition company listed on Nasdaq.
Nexus Venture Partners has led a $18 million Series A funding of Jiffy.ai, an AI-first fintech startup in India.
Intudo Ventures
has led a $1.6 million seed round in
Delman
, an Indonesian big data management and analytics provider.
NOTEWORTHY
Colgate
is reviewing branding for its 'Black Person
Toothpaste
' in
Asia, 30 years after Colgate got its venture partner to change
'Darkie' to '
Darlie.'
