Author: TechNode Global Staff

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MAS partners the industry to pilot use cases in digital assets

The Monetary Authority of Singapore (MAS) announced Tuesday the commencement of Project Guardian, a collaborative initiative with the financial industry that seeks to explore the economic potential and value-adding use cases of asset tokenisation.

India’s SUGAR Cosmetics closes $50M Series D funding led by L Catterton

SUGAR Cosmetics (SUGAR), one of India's largest omnichannel beauty companies and a cult favorite amongst Gen Z and Millennial consumers, announced Monday the close of its $50 million Series D fundraise led by the Asia fund of L Catterton, the largest global consumer-focused private equity firm.

GoTo’s 1Q22 gross revenue grows 53 percent to $357.38m

PT GoTo Gojek Tokopedia Tbk (GoTo Group), the largest digital ecosystem in Indonesia, announced Monday that its gross revenue for the first quarter of 2022 (1Q22) increased by 53 percent year on year to Rp5.2 trillion ($357.38 million), representing an improvement in take rate from 3.5 percent to 3.7 percent due to better monetization in e-commerce and…

Singapore’s Privyr raises $6M Series A funding led by MassMutual Ventures and Vulcan Capital

Privyr, a Singapore-based startup that helps consumer-facing salespeople and businesses convert leads right from their phones, said Tuesday it has raised $6 million in Series A funding. The round was led by MassMutual Ventures and Vulcan Capital, with participation from Wavemaker Partners, bestselling author Nir Eyal, and former Facebook executive Gwendolyn…

Indian data insights start-up Synaptic raises $20M Series B funding from Valor Equity Partners

Synaptic, an India-based alternative data insights start-up, announced Tuesday the successful closure of $20 million in Series B funding round led by Valor Equity Partners. With the funding, Synaptic will continue to invest in product innovations, double down on its data science capabilities, partnerships with data vendors, and expand its go-to-market teams…

GetGo partners HMGICS and CDG ENGIE to accelerate shared and sustainable mobility in singapore

GetGo, the Point A-to-A carsharing platform in Singapore, announced Monday that it has signed two separate memorandum of understandings (MoUs) with HMGICS and CDG ENGIE, commemorating the company’s next major step towards realising its vision of a sustainable and shared mobility ecosystem within Singapore.

Indonesia’s Astro raises $60M Series B funding, bringing the total investment to more than $90M

Astro, an Indonesia platform that enables 15-minute grocery delivery to customers, said Monday it has raised $60 million Series B funding led by Accel, Citius and Tiger Global, bringing its total investment to more than $90 million since it started in September 2021. Existing investors, AC Ventures, Global Founders Capital, Lightspeed and Sequoia Capital…

Indika Energy, Alpha JWC Ventures and Horizons Ventures team up for EV venture

Indika Energy, Alpha JWC Ventures and Horizons Ventures announced Friday their latest collaboration in the form of joint investment in Ilectra Motor Group (IMG), a company that specializes in electric two-wheel (E2W) vehicles.

Singapore’s Dedoco secures $3M funding from True Global Ventures

Dedoco, a Singapore-based document infrastructure platform for enterprise Web3, said Friday it has secured $3 million funding from True Global Ventures 4 Plus (TGV4 Plus) Fund to fuel its global expansion. The latest investment brings Dedoco's total capital raised to $7.5 million.

Singapore’s Neso Brands announces $100+M funding for eyewear brands

Singapore eyewear house Neso Brands announced on Thursday an investment of more than $100 million into eyewear brands. It will partner and invest in consumer eyewear brands around the world and grow these brands by leveraging synergies across the Lenskart Group to accelerate international expansion. Neso is an initiative of omni-channel eyewear unicorn…