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.

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.

Chinese mall business, Dasin Retail Trust is looking to raise at least 586.4 million yuan (about US$84.5 million) in its initial public offering on the Singapore Exchange (SGX) mainboard.

eBeeCare, a healthcare startup is leveraging the rise of MedTech in India and China.

IdeaSpace formally launches its annual Philippine Startup Competition for the 5th time in 2017, now accepting innovative technology ideas.

The Australian government has selected three venture capital (VC) fund managers, namely Brandon Capital Partners, OneVentures Management and BioScience Managers to manage its A$500 million (about US$375 million) Biomedical Translation Fund which is aimed to support life sciences sectors.

Technology media platform and startup services provider 36Kr has received around RMB100 million ($14 million) strategic investment in a new funding round led by China Merchants Venture Capital Management.

Malaysian Cradle held a press conference on Monday, announcing the addition of six new partners in their co-investment scheme as well as the reduction of funds allocated for 2017, from MYR 30 million to MYR 22 million.

Seedcom-backed Cau Dat Farm aims to regulate and improve agricultural quality with the help of Internet of Things (IoT).

Singapore banks are scaling up with DBS Group Holdings Ltd and .Bank of Singapore, Asia's largest home-grown private bank among those in the lead as they are considering for more acquisitions.