Singapore-based FinTech startup Volopay has raised US$29 million funding through debt-equity combination in a Series A funding round to fuel its expansion plans in Asia-Pacific, North Africa, and the Middle East. The funding round was led by Winklevoss twins- Tyler and Cameron along with participation from Winklevoss Capital Management, JAM Fund, Accial Capital, and Rapyd ... Read more ›
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SariSuki, a fast growing social commerce startup based in the Philippines is expanding into quick commerce with a vision to build an end-to-end eGrocery platform in the country. With the launch of this new service, SariSuki is now able to create greater value for producers at source as well as hyper-convenience for consumers. This expansion ... Read more ›
249
India-based D2C men’s lifestyle brand, DaMENSCH has raised US$16.4 million funding in its Series B funding round led by A91 Partners along with participation from existing investors Matrix Partners, Saama Capital, Whiteboard Capital, and Alteria Capital. The company makes loungewear and innerwear for men will be using the fresh funding to invest in technology development, ... Read more ›
2
Dianxiaomi, the parent company of BigSeller, Southeast Asia’s ecommerce enabler, has raised US$100 million in its Series C financing round led by Huaxing Growth Capital and Tiger Global Management along with participation from existing investors CDH Investments, GGV Capital, and Gaorong Capital. Dianxiaomi plans to use the fresh funding for product development, talent acquisition, service ... Read more ›
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Malaysia’s edotco Group, one of Asia’s leading integrated telecommunications infrastructure services firms, announced its acquisition of approximately 1,000 towers from XL Axiata for about RM219 million ($52 million). The acquisition, which was made through a local subsidiary, PT edotco Infrastructure Indonesia, confirms edotco’s foray into the Indonesian market, one of Asia’s largest and most established ... Read more ›
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SpaceAge Labs, a Singapore-based IoT / AI solutions startup, has announced raising S$1.7 million (about $1.25 million) in a seed funding round co-led by Silicon Solution Partners and SEEDS Capital, the investment arm of Enterprise Singapore. SpaceAge Labs is a deep tech startup that was incubated at NUS Enterprise @ Singapore Science Park. It is ... Read more ›
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Singapore-based micro-mobility startup Beam has raised US$93 million in funding in its Series B round to fuel its growth into new countries in Asia. The funding round was led by Affirma Capital along with participation from Hana Ventures, Sequoia Capital India, EDB Investment, ICT Capital, RTP Global, AC Ventures and Momentum Venture Capital. Beam which ... Read more ›
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India’s SaaS-based logistics management platform Shipsy has secured US$25 million funding in its Series B financing round led by Z3 Partners and A91 Partners along with participation from Sequoia Capital India’s Surge. Shipsy plans to use the fresh funding to continue growing its presence in the Middle East, India, and Southeast Asian markets while accelerating ... Read more ›
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Developer tools startup Hasura has raised US$100 million in its latest funding round led by venture capital firm Greenoaks. Existing investors Lightspeed Ventures, Nexus Venture Partners, and Vertex Partners also joined the round. The Series C round brings the total funding raised by Hasura to US$136 million and the company’s valuation at US$1 billion making ... Read more ›
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Malaysian AI-driven city and property data startup Urbanmetry has announced raising $2 million in its pre-Series A funding led by Monk’s Hill Ventures. The fresh funding will be used by the Kuala Lumpur-based business to develop intelligent data solutions and platforms to serve end-users in the property and mortgage industries. A portion of the funds ... Read more ›
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India-based healthy snacking brand Happilo has raised US$25 million from Motilal Oswal PE (MOPE) to build its direct-to-consumer (D2C) snacks business. Last year in February, the company had raised US$12 million from A91 Partners. “Covid-19 has emphasized the importance of healthy eating and nutritious food in the mind of every customer. The MOPE investment will help ... Read more ›
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Princeton Digital Group (PDG), a Singapore-based pan-Asia data center company, has announced raising more than $500 million in its latest funding round led by Abu Dhabi sovereign investor Mubadala Investment Company. Mubadala injected $350 million in the funding round, which was also participated by existing shareholders PDG, Warburg Pincus, and Ontario Teachers’ Pension Plan, per ... Read more ›
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Tech-enabled health platform GOQii has recently raised US$50 million in its Series C funding round led by a global VC firm Sumeru Ventures along with participation from other investors including 9Unicorns, Modality, Mitsui, Venture Catalysts, Ascendo, and The Times Group. The company will be using the fresh funding to strengthen its present offerings that include ... Read more ›
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Proactive For Her, a digital clinic for women’s outpatient healthcare, has raised $5.5 million in Series A funding led by Vertex Ventures Southeast Asia and India, with Nexus Venture Partners participating. The cash will be utilized to enhance the startup’s digital product offerings, build its online customer base, and open its Bengaluru flagship clinic. Achitha ... Read more ›
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Funding Societies popularly known as Modalku in Indonesia an online lending platform for MSMEs has raised a total of US$294 million to fuel its expansion plans in Southeast Asia. According to the company, it has raised US$144 million in an oversubscribed Series C+ equity round led by Japanese venture capital fund SoftBank Vision Fund 2 ... Read more ›
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Vietnamese blockchain-based fantasy game Summoners Arena has raised US$3 million in Seed funding from a round led by Pantera Capital, along with participation from Coinbase Ventures GuildFi, Onechain Technology, Cosmic Guild, Merit Circle, Coin98 Ventures, Impossible Finance, Spartan Group, Istari Ventures, Kyros Ventures and kyber Ventures as well as several angel investors in the crypto ... Read more ›
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MindFi, a Singapore-based corporate mental health and wellness platform, announced raising $2 million in its Seed funding round backed by existing investors M Venture Partners and Global Founders Capital. Also joining the round were Carousell co-founder Marcus Tan, Carro executive Kenji Narushima, Spin co-founder Derrick Ko, and other prominent angel investors in the US and ... Read more ›
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BiteSpeed, a SaaS platform, has raised $1.9 million in seed fundraising led by Sequoia India’s Surge, with participation from First Cheque, Whiteboard Capital, and Angel investors including CRED founder Kunal Shah and Teachable creator Ankur Nagpal. This platform gives e-commerce businesses the tools they need to adopt conversational commerce as the way to sell online ... Read more ›
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Philippine-based crypto exchange platform PDAX (Philippine Digital Asset Exchange) announced that it raised more than $50 million in its Series B fundraising round led by Tiger Global. Kingsway Capital, Jump Capital, Draper Dragon, Oak Drive Ventures, DG Daiwa Ventures, Ripple, and UBX Ventures also participated in the funding round In August 2021, PDAX began raising ... Read more ›
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Indonesia-based FinTech API provider Brick has raised US$8.5 million in its seed round led by Flourish Ventures and Antler. The funding round was also joined by Trihill Capital along with existing investors Rally Cap Ventures and Better Tomorrow Ventures. Fintech angel investors Yan Wu, Sima Gandhi, Brian Ma, Amrish Rau, Ooi Hsu Ken, and Andrea ... Read more ›
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Most popular sources
Business Insider
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27% 1 |
Tech Wire Asia
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26% 19 |
CNET
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8% 2 |
Eurogamer.net
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5% 1 |
Android Authority
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5% 0 |
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28.11.2024 17:42
Last update: 17:35 EDT.
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