Author: TechNode Global Staff

ibit, one of the leading digital investment apps in Indonesia, announced Wednesday that it has raised more than $80 million in a funding round led by GIC Private Limited (GIC), joined by Prosus Ventures and other existing investors. The funds raised will be used for the launch of new products and services, tech development, acquiring top talent from the…

Inventus India, an early stage venture capital firm, announced Thursday the launch of its fourth fund with a target corpus of Rs900 crores ($120 million). The firm also announced its rebranding as Athera Venture Partners.

1982 Ventures, a Singapore-based early-stage venture capital firm, on Thursday announced the final close of its debut seed fund with over $20 million in committed capital. The fund was heavily oversubscribed as 1982 Ventures was targeting to raise a total corpus of $15 million.

Funding Societies, the Singapore-based small and medium-sized enterprise (SME) digital financing platform, on Wednesday introduced its Shariah-compliant trade financing solutions based on Commodity Murabahah (Tawarruq) for creditworthy and underserved Malaysian micro, small, and medium enterprises (MSMEs) seeking to grow their business or expand their…

BUD, a Singapore-based metaverse user-generated platform, announces Monday its $36.8 million Series B round led by Sequoia Capital India with participation from ClearVue Partners, NetEase and Northern Light Venture Capital. Existing investors GGV Capital, Qiming Venture Partners and Source Code Capital also participated in the round.

Singapore-based private market exchange ADDX said Tuesday it has raised $58 million in a Pre-Series B funding round that saw several financial institutions come on board as new shareholders. The new shareholders include SET Venture Holding, a subsidiary of the Stock Exchange of Thailand (SET), UOB, Hamilton Lane (NASDAQ: HLNE) and Krungsri Finnovate, the…

SwipeRx (formerly mClinica Pharmacy Solutions), a Singapore-based platform for pharmacies, announced Monday it has secured a Series B round of $27 million in equity and debt to accelerate growth across southeast asia (SEA). The round was led by Indonesia's MDI Ventures, with participation from global investors, Bill & Melinda Gates Foundation, Johnson…

Grab Financial Group (GFG), a Singapore-based fintech platform, announced Monday that it will be launching GrabFin, a new brand for its digital payments, insurance, lending and wealth management offerings. Following its launch in Singapore and Malaysia, the GrabFin brand will be progressively rolled out in other Southeast Asian markets in the coming months.

NextBillion.ai, a Singapore-based spatial data and mapping platform for enterprises, said Monday it has raised a $21 million series B led by Mirae Asset Venture Investments. Existing investors Lightspeed, M12 (Microsoft's Venture Fund) and Alphawave also participated in the round, bringing the total funding since inception in2020 to $34 million.

MatchMove, Singapore-based embedded finance firm, said Monday it has acquired e-commerce specialist Shopmatic in a $200 million deal, creating an end-to-end embedded finance and ecommerce powerhouse. The combined company will enable MatchMove to provide its Banking-as-a-Service capabilities to Shopmatic’s ecosystem of over a million e-commerce small and…