Israel's leading venture capital firm Yozma Group is entering the global markets, investing US$42.1 million in Korean startups through a fund named "Yozma Group - Daesung Private Equity Inc" which is slated to begin in the first half of 2017.

Backed by IDG Capital, Fortune Capital and the direct investment arm of Ping An Insurance, Chinese online gaming firm G-bits Network Technology has completed its IPO on the Shanghai Stock Exchange, raising an amount of US$138 million.

TempoGO, an Internet of Things (IoT) and SaaS solutions provider for commercial transportation has secured a Rs 5.6 crore (about US$825k) seed investment round led by Hong Kong-based K2 Capital.

E-Shang Redwood (ESR) has closed a US$300 million round of investment led by a consortium of China mainland investors. The Asian logistics developer also prepares for a potential 2017 initial public offering.

China's third-biggest search engine Sogou plans to hold a U.S. initial public offering this year, according to its CEO Wang Xiaochuan in an interview with Bloomberg.

Asia Fintech Fund of Funds (FOF), a foundation that targets financial and tech mergers and acquisition (M&A) in Asia has been established with funds of US$1.44 billion.

New Delhi-based SMSdaak India Ltd, which operates digital payments startup instantPay, has raised its pre-series A funding from Singapore based

Everstone Group acquires a minority stake in OmniActive Health Technologies Ltd. in a US$35 million deal to strengthen OmniActive's presence in global nutraceutical space.

Galaxy Holdings and Puji Capital has recently formed a strategic joint venture to provide investment capital and act as a business incubator for foreign companies entering the China market. They will invest in more than 10 startups across mobile gaming, media technology and consumer hardware.

Multi-system (MSO) GTPL Hathway, a subsidiary unit of Hathway Cable & Datacom Ltd has filed for a Rs 300 crore IPO (approximately US$45 million) which proceeds will be used to reduce debt. Hathway's IPO will consist of both a primary offer and an offer for sales by the promoters.