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The oversubscribed round makes it one of the largest financing rounds raised by an on-demand care platform in Southeast Asia and the Oceania region and brings Homage’s total funding to exceed $45 million.

It will target B40 segment while eyeing low-cost deposits globally.

Growth is expected to be fastest in emerging markets such as Myanmar, Vietnam and the Philippines, with the total regional online food delivery Gross Merchandise Value (GMV) to more than triple from $9 billion in 2020 to $28 billion in 2025.

The fresh funds will be used to grow its distribution network both in Vietnam and in other parts of Southeast Asia.

KKR is making its investment in KiotViet from its Asian private equity fund.

Komodo is a wrap-around software solution that leverages data and insights gleaned from psychologist-built surveys to help schools identify at-risk students and mitigate the impact of common issues such as harassment, cyberbullying, and depression at the onset, before developing into crises.

SGX said it will work with the Securities Investors Association (Singapore) to increase retail investors’ understanding of SPACs through collaborative efforts including the conduct of educational programs.

Led by BIS Innovation Hub’s Singapore Centre, the project, dubbed Project Dunbar, aims to develop prototype shared platforms for cross-border transactions using multiple CBDCs.

ADDX has reached an agreement with the Singapore-regulated wealth and fund management company ICHAM, which has received a $200 million allocation as part of the Chongqing government’s overall $5 billion QDLP quota. ADDX will be the primary venue for investments from the ICHAM fund in China authorized to raise capital from Chinese institutions and…