India’s Khyaal raises $4.2M in funding co-led by co-led by 62Ventures, SVQuad, Inventus Capital
Khyaal, an Indian app for senior citizens, has raised $4.2 million in a seed funding round. The round was co-led by 62Ventures, SVQuad, and Inventus Capital. Glen Tullman, Kanwal…
KPMG : Singapore’s AI funding soars 77 pct to $481.21M in 2023 across 24 deals
Singapore's fintech sector has witnessed an extraordinary surge in funding for artificial intelligence (AI) technologies, despite a global downturn in fintech investments, KPMG…
MAVCAP appoints veteran business leader Ter Leong Yap as chairman
Malaysia Venture Capital Management Berhad (MAVCAP), has appointed Ter Leong Yap as its new Chairman, effective December 15, 2023. Ter joins its family with a wealth of experience…
KPMG : Asia Pacific region sees fintech investment fall more than 75 percent
It was a challenging year for fintech investment in theAsia Pacific (ASPAC) region, as it sees its fintech investment fall more than 75 percent, KPMG said Tuesday. According to…
India’s Swirl secures $1.1M in seed funding round led by Shastra VC
Indian live commerce software as a service (SaaS) Swirl has raised $1.1 million in a seed round led by Shastra VC and other renowned Angel Investors. The round also saw…
Japan’s Reazon invests in Validus Vietnam
Japanese information technology firm Reazon Holdings has announced the successful closing of its investment in VGrowth Development Co. Ltd. (Validus Vietnam), which is the…
Singapore’s Nium secures approval to offer financial products in India
Nium, the Singapore-based real-time global payments firm, has received in principle approval from the Reserve Bank of India for two prestigious payment licenses – the Prepaid…
IFC invests $56M in Global IME Bank to bolster gender and climate financing in Nepal
To help increase access to finance for smaller businesses in Nepal, including women-owned firms, and foster climate-friendly projects, International Finance Corporation (IFC) is…
Singapore-based electric vessel startup Pyxis secures $3.35M seed funding
Pyxis, a maritime electrification startup headquartered in Singapore, has raised SGD 4.5 million ($3.35m) in its seed funding round co-led by maritime innovation focused fund…
Foodpanda’s parent Delivery Hero denies sale talks have collapsed – report
“There are market rumours that the negotiations for the potential sale have collapsed,” Deliver Hero said in a statement, according to the report. “We confirm that the…
