MoEngage, the insights-led customer engagement platform for consumer brands, announced that it has raised $77 million in its Series E funding round co-anchored by Goldman Sachs and B Capital. This is the third fundraising for the company in the last 12 months, having raised $32.5 million in July and $30 million in December 2021. Existing ... Read more ›
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Kryptomon, the living NFT-powered Play-and-Earn gaming project combining Pokemon, Tamagotchi, and CryptoKitties, close a $10 million private funding round spearheaded by NFX with additional backing by PLAYSTUDIOS ($MYPS), Griffin Gaming Partners, Tal Ventures, and Vikram Pandit, former CEO of Citigroup. The funding propels the development of Kryptomon’s living-NFT game, the first-ever in the NFT gaming ... Read more ›
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Synaptic, a leading alternative data insights start-up, announced the successful closure of $20 million in Series B funding round led by Valor Equity Partners. Synaptic combines the best of technology, machine learning, and finance to bring sophisticated alternative data insights to decision-makers. With the funding, Synaptic will continue to invest in product innovations, double down ... Read more ›
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Fintech firm First Digital, the only qualified custodian and trustee helping institutions custody both traditional and digital assets, has announced a $20m fundraising round backed by Nogle and Kenetic Capital. First Digital Trust plays a key role in helping legacy institutions and companies bridge legacy and emerging finance; and it is the only in the ... Read more ›
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Oddle, the omnichannel F&B technology company headquartered in Singapore, announced raising $5 million in its pre-Series B funding round led by technology venture capital investor Altara Ventures. As Oddle continues to disrupt and revolutionise the food technology industry in the Asia Pacific, funds from this bridge round will power product development and regional market expansion ... Read more ›
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Today, May 31, 2022, Tuesday, is the last day for startups to apply for the biggest accelerator program, sponsored by the Korean government – K-Startup Grand Challenge (KSGC) 2022. The program, which is also supported by the Ministry of SMEs and Startups (MSS), is organised by the National IT Industry Promotion Agency (NIPA). It will ... Read more ›
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Asian investment specialist Fullerton has successfully closed its first round of fundraising for a Thai direct private equity strategy at $100 million. The strategy targets small to mid-market companies with exposure to Thailand’s long-term growth, with potential to capitalise on attractive post-Covid valuations, and aims to deliver outsized returns of two times MOIC and 20% ... Read more ›
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iFarmer, a Bangladesh-based full-stack agriculture platform for farmers, announced the completion of a $2.1 million Series Pre-A round of financing led by IDLC Ventures, the VC arm of IDLC Finance—one of Bangladesh’s largest non-banking financial institutions. New York-based Millville Opportunities, and Startup Bangladesh Limited, the flagship venture capital fund of the Bangladesh Government’s ICT Ministry, ... Read more ›
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PT GoTo Gojek Tokopedia Tbk (GoTo Group), the largest digital ecosystem in Indonesia, posted a strong start to 2022, with year-on-year Q1 gross revenue growth of 53%, outpacing GTV growth of 46%, its filing showed. Gross revenue for Q1 stands at Rp5.2 trillion and GTV at Rp140 trillion. Improvements in operating efficiency reflected in Q1 ... Read more ›
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India-based edtech startup PrepInsta has announced plans to increase its workforce by 100%, with the aim of recruiting at least 50 employees by the end of July this year. The company currently has a total strength of 50 employees and with this scheduled hiring, the number is expected to double. With the fundamental motive to ... Read more ›
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K-Startup Grand Challenge(KSGC) 2022 edition has opened its doors for global startups to do business in South Korea. The biggest accelerator program, sponsored by the Korean government, supported by the Ministry of SMEs and Startups (MSS), and organized by the National IT Industry Promotion Agency (NIPA), will be held for 3.5 months at the sprawling ... Read more ›
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Hong Kong-based climate tech startup Allinfra announced the closing of its Series A financing round, led by global financial services group Nomura, with participation from new and existing investors. Allinfra develops enterprise software designed to help institutions across a range of industries achieve their sustainability goals. The newly secured funding will be used to scale ... Read more ›
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Private market exchange ADDX has raised US$58 million in a Pre-Series B funding round that saw several financial institutions come on board as new shareholders: SET Venture Holding, a subsidiary of the Stock Exchange of Thailand (SET), UOB, Hamilton Lane (NASDAQ: HLNE) and Krungsri Finnovate, the corporate venture capital arm of Krungsri (Bank of Ayudhya ... Read more ›
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Indonesian fintech startup Pebble announced raising $6.2 million in its latest funding round backed by several venture investors. The startup, which launched the first app that pays users to save, emend, and send money in one digital wallet, said the round was backed by Y Combinator, East Ventures, Lightshed Ventures, LD Capital, Soma Capital, Cadenza ... Read more ›
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Singapore-based insurtech startup anycover announced that it has raised US$450,000 in a pre-seed funding round led by Powerhouse Ventures, with participation from 1337 Ventures and two angel investors – Walter de Oude, Founder & former CEO of Singlife, and Khairil Abdullah, CEO at Veon Ventures and former Chairman of Axiata Boost. anycover strives to transform ... Read more ›
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Southeast Asian superapp Grab said its first-quarter 2022 revenue hit $228 million, up 6% from the same period last year, while its loss narrowed to $435 million, a 35% decline year-on-year. Gross merchandise value (GMV) also rose 32% year-on-year to $4.8 billion, surpassing quarterly gross GMV and total payments volume (TPV) Q1 guidance for deliveries, ... Read more ›
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Global venture capital firm Antler has committed to investing $100 million by 2025 to at least 300 startups in Southeast Asia, according to an announcement. The plan is to enable founders to launch and grow early-stage startups in the Southeast Asian region over the next four years. With over 127 Southeast Asian portfolio companies invested ... Read more ›
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Pitik, Indonesia’s largest poultry tech startup, announced raising $14 million in a Series A funding anchored by Alpha JWC Ventures and participated by existing investors MDI Ventures and Wavemaker Partners. Launched by Arief Witjaksono and Rymax Joehana in mid-202, Pitik seeks to expand its ecosystem to empower more chicken farmers in Indonesia using the latest ... Read more ›
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Coins.ph, a Philippine-based fiat and crypto wallet services provider and Joffre Capital portfolio company, announced it has raised $30 million in its Series C funding round anchored by Ribbit Capital and participated by other strategic investors. The company said it will use the fresh funding to expand its Web3 ecosystem and presence throughout Southeast Asia. ... Read more ›
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South Korea’s leading accelerator program K-Startup Grand Challenge (KSGC), considered ‘a gateway’ to do business in Asia, invites global startups to participate. The program’s 2022 edition started accepting applications on April 15, and the last date for the application stage is May 31, 2022. K-Startup Grand Challenge is a great opportunity for global startups looking ... Read more ›
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28.11.2024 11:42
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