TechNode Global Staff

Instoried, an artificial intelligence (AI)-based writer assistance tool in India, said Thursday it has secured a capital commitment of $200 million from Global Emerging Markets Group (GEM), an alternative investment group with operations in Paris, New York, and the Bahamas, ahead of its listing plan.

Peeba, the online business to business (B2B) wholesale platform in Hong Kong, said Thursday it has secured $4.2 million in seed funding led by Headline Ventures.The company will use the funds to deepen its localization efforts across 11 Asia Pacific (APAC) countries, as well as to further build out the machine learning technologies underlying its platform.

Hong Kong-based investment firm Newman Capital announced Wednesday the launch of its $50 million investment fund to help cutting-edge traditional businesses to strengthen their position in the ever-growing Web3 world. The fund is on the mission to accelerate the Web3 adoption, especially in the traditional business world, focusing on Asia.

Sky Mavis, the Vietnamese gaming firm behind play-to-earn game Axie Infinity, said Thursday it has raised $150 million funding round led by Binance to restore funds on the Ronin Bridge.The round also saw the participation of Animoca Brands, a16z, Dialectic, Paradigm and Accel. The fund will be used to reimburse user funds affected by the Ronin Validator…

AnyMind Group, an end-to-end commerce enablement company in Japan, announced Wednesday the launch of AnyX, a one-stop e-commerce management platform for individuals and businesses that connects various e-commerce channels and AnyMind Group’s various platforms for manufacturing, e-commerce enablement, conversational commerce, marketing and logistics.

Gupshup, a United States-based conversational engagement firm, announced Tuesday the acquisition of Active.Ai, a Singapore-based conversational artificial intelligence (AI) platform used by banks and Fintech firms. The acquisition strengthens Gupshup’s customer experience (CX) solutions for banking, financial services, and insurance solutions (BFSI)…

The Parentinc, a Singapore-based tech company that owned content and community platform for parents theAsianparent, announced Wednesday that it has successfully closed a $22 million round. The round comprised a mixture of primary and secondary investment alongside venture debt. The funding round was led by East Ventures as well as other undisclosed…

Indonesian textile tech platform Wifkain said Wednesday it has raised a seed round led by Insignia Ventures Partners as it builds Indonesia’s first tech-enabled textile trading platform. Prominent angels including Atome’s Wawan Salum participated in this round. The funding will go towards expanding the suite of services provided to small and medium sized…

Malaysian FinTech firm JurisTech on Wednesday announced a partnership with Germany-based cloud-native core banking platform Mambu to propel the growth of the digital banking ecosystem in Malaysia. This new collaboration will act as a catalyst for further expansion of the industry, with the result being greater support for both unbanked and underserved…

Indonesia-based content platform IDN Media announced Tuesday that it has launched a 50 billion Rupiah ($3.5 million) IDN Live Streamer fund to build the streamers ecosystem in IDN Live. The fund is an initiative by IDN Live to give appreciation to the streamers and to empower them in their journey as live streamers.