TechNode Global Staff

Thailand’s Banpu NEXT invests in Singaporean battery-as-a-service provider Oyika

Banpu NEXT, a subsidiary of Banpu, a Thailand-based smart energy solutions provider, has announced a strategic investment in Oyika, a Singapore start-up that offers battery swap solutions and battery-as-a-service (BaaS).

Vietnam’s Selex Motors raises $3M from ADB Ventures, Schneider Electric Energy Access Asia and others

Vietnam-based Selex Smart Electric Vehicles JSC (Selex Motors) is currently in a $3 million convertible note investment round with ADB Ventures - Asian Development Banks's venture arm, Schneider Electric Energy Access Asia, Touchstone Partners, and Sopoong Ventures.

SKS Capital invests in South Korean health and beauty brands aggregator Grace

China headquartered private equity firm SKS Capital has announced its strategic investment in Grace, South Korea's largest aggregator of international health and beauty brands. SKS Capital is the lead investor in Grace Series B funding with $5 million.

Singapore’s Betterdata raises over-subscribed $1.65M seed round led by Investible

Betterdata, a Singapore-based programmable synthetic data company, has raised an over-subscribed seed round of $1.65 million led by Asia-Pacific-based venture capital firm Investible.

India’s Mesa School of Business raises $4.1M from Elevation Capital, other prominent angel investors

With an aim to build India’s first business school focused on creating startup leaders, Indian education services provider Mesa School of Business (Mesa), has raised INR 34 Crores ($4.1 milllion) from Elevation Capital and notable angel investors.

United States’ Nextiva acquires Indian AI company Simplify360

Nextiva, the United States-based conversation platform, has on Wednesday announced its acquisition of Simplify360, an artificial intelligence (AI) customer experience platform based in India.

Alipay+ E-Wallet partnerships power iQIYI’s fast asia expansion

Popular Asian e-wallets are helping iQIYI, a China-based international streaming platform, accelerate its expansion through Alipay+ to help digital and entertainment (D&E) platforms reach young middle-class consumers looking for quality online video content.

Bain: SEA private equity deal value falls 52% in 2022

Southeast Asia’s (SEA) private equity (PE) market deal value fell 52 percent in 2022 compared to the previous year, with deal count also declining 15 percent year-on-year, Bain & Company (Bain) said Thursday.

Foodpanda partners TADA for new user benefits in Asia

Foodpanda, Asia’s largest food and grocery delivery network outside of China, has entered into a strategic partnership with TADA, a blockchain-based ride hailing platform in Singapore, to introduce new user benefits for customers in Asia, starting with Singapore and Cambodia.

Singapore’s Accredify raises $7M Series A funding led by iGlobe Partners and SIG Venture Capital

Accredify, a Singapore-based verifiable technology solutions provider, has on Thursday announced that it has raised $7 million during its Series A funding round, co-led by top venture capital firms iGlobe Partners and SIG Venture Capital.