Self-driving car startup Pony.ai raises $112m led by Legend Capital, Morningside

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Pony.ai is headed by co-founder and CEO James Peng, who was previously chief architect at Baidu.

Pony.ai

APAC Digest: Scooterson to set up SG centre post fundraise; ACK backs Reviver Auto

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Scooterson raises a seed round while Australia’s ACK Group has led an investment in US-based Reviver Auto. 


India: Razorpay raises $20m round led by Tiger Global, Y Combinator

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The latest round takes Razorpay’s total external funding raised to $31.5 million.


Japan’s AOI TYO Holdings commits $5m to Spiral Ventures Asia Fund I

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Spiral Ventures is raising $50 million for its first fund, which is expected to close this year.


Thai property portal ZmyHome raises $400k from KK Fund

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With the latest funding, the company will expand its platform to cover other users, including banks and foreign owners.


India: Tech-focused VC pi Ventures marks second close of maiden fund at $25m

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In March 2017, the Bengaluru-based investment firm had reached the first close of its maiden fund at $13 million.


Indian logistics startup Rivigo raises $50m from Warburg, SAIF Partners: Report

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The latest funding round comes more than a year after the start-up raised $75 million in Series C round led by Warburg.


China Digest: Kintor Pharma, CalmCar, MLog, Yida Media raise funding

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The five Chinese startups have raised a total of $81.6 million in funding.


China: CICC leads $95m funding round in Hupu Sports

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This round reportedly brings the company’s valuation over $1 billion, making it China’s latest unicorn. 


Venture debt finds more takers in SEA as Innoven closes 20+ deals in FY17

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Innoven’s Southeast Asia arm invested in travel-booking services company Oway, live-streaming platform M17 Entertainment, online Korean-beauty store Althea and fintech services provider Akulaku, among others, in 2017.