NewsInvestmentsAsiaPrivate Equity
Hong Kong’s ITCS Group secures investment from Singapore’s Dymon Asia Private Equity to accelerate growth globally
ITCS Group has secured a strategic growth investment from Dymon Asia Private Equity (DAPE). Partnering with DAPE will enable ITCS to rapidly accelerate its growth to scale up the…
February 9, 2022
SO-COL raises $1.75M in seed funding co-led by DeFiance Capital and Animoca Brands
SO-COL (Social Collectables) announced the close of a $1.75 million seed round. The funding round was co-led by DeFiance Capital and Animoca Brands, with participation from Three…
February 9, 2022
NewsBlockchain / CryptoMetaverseAsiaGaming
Binance partners with South Korean entertainment firm YG Entertainment to develop metaverse, NFT and gaming opportunities
Binance has partnered with YG Entertainment (YG) to develop metaverse, non-fungible token (NFT) and gaming opportunities. As part of the strategic partnership, Binance and YG will…
February 9, 2022
AIIoTTNGlobal Q&A and Interviews
Pinmicro’s Tiby Kuruvilla on the convergence of AI, IoT, RTLS, and how digital twins will optimize work in the future [ORIGIN Innovation Awards Q&A]
As the world is entering a new normal era after the pandemic business models and execution totally changed. Digitalization will be an essential part of daily operations.…
February 8, 2022
NewsFinTechMergers and AcquisitionsAsiaMalaysia
Indian payment platform Razorpay buys majority stake in Malaysian fintech firm Curlec
Razorpay announced Tuesday its first international expansion into South-East Asia with the acquisition of a majority stake in Curlec for an undisclosed amount. This marks…
February 8, 2022
NewsGamingAsiaMergers and Acquisitions
Australian mobile gaming firm iCandy buys 51 percent stake in Southeast Asian game developer Storms for $5.7M
iCandy Interactive Limited (iCandy) is acquiring 51 percent stake in Digital Games International Pte. Ltd. (Storms) for A$8 million ($5.69 million), which will be settled via the…
February 8, 2022
Vietnamese investing app Infina closes $6M in seed funding from Sequoia India’s Surge, Y Combinator, Saison Capital and more
Infina has closed $6 million in seed funding from investors such as Sequoia Capital India’s Surge, Y Combinator, Saison Capital, Starling Ventures, Alpha JWC, and AppWorks.…
February 8, 2022
NewsBlockchain / CryptoAsiaInvestments
Indian Ethereum scaling platform Polygon raises $450M led by Sequoia Capital India
Polygon has raised about $450 million through a private sale of its native MATIC token in a funding round led by Sequoia Capital India. The round also saw the participation from…
February 8, 2022
AsiaVenture CapitalInvestments
Japanese VC firm Genesia Ventures raises $90M in first close of third fund to invest in Japan, SE Asia
Genesia Ventures announced the first close of its new fund, Genesia Venture Fund 3 Investment Limited Partnership, with a total amount of approximately $90 million. Similar to the…
February 8, 2022
Indonesian online grocery platform Happy Fresh launches HappyFresh Supermarket
Happy Fresh has launched HappyFresh Supermarket to extend fresh and dry grocery accessibility by significantly growing its dark store presence in the Southeast Asian region. It…
February 8, 2022
Singaporean construction management platform Hubble raises $8.5M Series B funding
Hubble Pte Ltd has concluded its Series B funding round with S$11.35 million ($8.45 million) of investment. The round brings new investors to the table, such as Singapore and…
February 8, 2022
Indonesian quick commerce startup Bananas raises $1.5M seed funding led by East Ventures
Bananas has secured $1 million in seed funding led by East Ventures, with the participation from SMDV, ARISE, MDI Ventures and a few angel investors. It has also been accepted…
February 8, 2022
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