Ascend Vietnam Ventures surpasses $50M target
Ascend Vietnam Ventures, a seed-stage venture capital firm located in Ho Chi Minh City, announced Tuesday that it has exceeded its $50 million target for its flagship early-stage…
Funding Societies acquires CardUp to drive payments expansion
Funding Societies, Southeast Asia's largest Small and Medium Enterprises (SME) digital financing platform, announced Wednesday that it is acquiring regional payments solution…
Bertelsmann India Investments plans funding exceeding $500M to back tech startups
German media, services, and education company Bertelsmann said Tuesday that its strategic investment arm Bertelsmann India Investments (BII) has raised $500 million to back Indian…
Singapore’s Panthera Growth to raise $250M second fund to back tech companies
Panthera Growth Partners (PGP), a Singapore-based tech-focused growth investment firm, announced Tuesday the first close of its second fund, having secured commitments for more…
India’s Progcap raises $40M from Creation Investments, Tiger Global and Google
Progcap, a pioneer in corporate-led financing solutions for small and mid-size businesses (SMBs) in India, said Tuesday it has raised $40 million in private equity capital at $600…
Indonesia’s Fresh Factory secures $4.5M seed funding led by East Ventures
Fresh Factory, an Indonesia-based integrated cold chain fulfillment and enabler startup,a cold chain fulfillment startup, announced Monday that it has secured $4.5 million of seed…
Bangladesh’s ShopUp announces $65M follow-on round led by Peter Thiel’s Valar Ventures
The company had previously completed a $109 million Series B Peter Thiel’s Valar Ventures leads $75 million Series B in Bangladesh’s ShopUp">six months ago.
2C2P and Ikano Retail extend online localized payments for IKEA in Singapore, Malaysia, Philippines, Thailand
Global payments platform 2C2P announced on Tuesday that they had been appointed by IKEA franchisee Ikano Retail as its official payments partner to create a seamless and localised…
ams OSRAM and trinamiX jointly release demonstration of ultra-secure face authentication behind OLED
ams OSRAM and trinamiX are working together to provide smartphone manufacturers with a highly secure and convenient user authentication system that will be available later this…
