Author: TechNode Global Staff

UK’s Builder.ai raises $250M Series D funding led by QIA

Builder.ai, the global artificial intelligence (AI) powered composable software platform, has on Tuesday announced an investment of $250 million in a Series D funding. The new investment, led by Qatar Investment Authority (QIA) takes the total amount raised by the company to over $450 million with an up to 1.8 times increase in its valuation.

Malaysian PropTech firm LiveIn acquires property management firm KT Management

Malaysian PropTech firm LiveIn said Monday it has acquired a Malaysia-based property management firm KT Management. This merger makes LiveIn the market leader in the space and will provide KT Management’s thousands of tenants, LiveIn’s flexible community living solutions and a better online to offline (O2O) experience.

Indonesian D2C comestics brand Rosé All Day Cosmetics on track to achieve 6 times surge in revenue

Indonesian direct-to-consumer (D2C) cosmetics brand Rosé All Day Cosmetics (RADC) which has reported a four times increase in annual revenue in 2022, said it is on track to achieve a remarkable six times growth in revenue in 2023.

Superbank, Home Credit join forces to provide financing solutions for underbanked Indonesians

PT Super Bank Indonesia (Superbank) has announced a strategic partnership with PT Home Credit Indonesia (Home Credit) to expand access to inclusive financing for underbanked communities in Indonesia.

Princeton Digital acquires land from JLand to develop 150MW data center campus in Malaysia

Princeton Digital Group (PDG), a Singapore-based data center provider, has entered into a definitive agreement with JLand Group (JLG), Johor Corporation’s real estate and infrastructure arm, for the acquisition of 31 acres of land in Sedenak Tech Park (STeP), Johor, Malaysia, to build a 150 MW hyperscale campus.

Singapore’s TVM Capital Healthcare invests $10.82M in DEBx Medical

TVM Capital Healthcare, a global specialist healthcare private equity firm headquartered in Dubai and Singapore, has on Monday announced an investment, from its TVM Healthcare Afiyah Fund, of EUR 10 million ($10.82 million) into DEBx Medical, an Amsterdam-based medical devices company.

India’s PhonePe secures an additional $100M investment from General Atlantic

Indian financial technology firm PhonePe has on Monday announced that it has secured an additional $100 million investment from General Atlantic, a global growth equity firm, as part of its ongoing fundraise.

Animoca Brands subsidiary Forj receives ApeCoin DAO approval to build first Bored Ape Yacht Club ecosystem accelerator

Forj, an Animoca Brands subsidiary and a Web3 technology firm, has been granted approval from the ApeCoin DAO to launch Ape Accelerator, an incubation platform for the Bored Ape Yacht Club (BAYC) community.

Singapore’s Foundation Healthcare enters Hong Kong in partnership with FWD

Singapore-based healthcare group Foundation Healthcare Holdings Pte. Ltd. (FHH) has announced that it has entered the Hong Kong market with the implementation of Smarter Health Pte. Ltd. (SH)’s digital pre-authorization platform, launched in partnership with FWD Hong Kong.

SC takes enforcement action against Huobi Global for illegally operating digital asset exchange in Malaysia

Malaysian regulator the Securities Commission Malaysia (SC) has taken action against Huobi Global Limited, and its Chief Executive Officer Leon Li for operating a digital asset exchange (DAX) in Malaysia without registration.