Author: TechNode Global Staff

India’s PhonePe raises $200M additional funding from Walmart

PhonePe, one of India’s largest fintech platforms, has on Friday announced it has raised additional $200 million in primary capital from Walmart, at a pre-money valuation of $12 billion.

Singapore’s Proxtera closes seed round from Ant Group, CerraCap Ventures and EDBI

Singapore-based digital technology firm Proxtera has announced the successful first close of the Series Seed round of funding by Ant Group, CerraCap Ventures, and EDBI.

Indie Game Publisher The Iterative Collective raises $1.2M in seed round

Singapore-based indie game publisher The Iterative Collective (TIC) announced Friday that it has raised $1.2 million in a seed round led by Cocoon Capital and prominent business angels.

Antler commits to investing into 30+ Indonesian startups in 2023

Antler, a global early-stage venture capital firm with strong presence in Indonesia, said Wednesday it will continue its commitment to support aspiring founders and early-stage teams by providing backing from day zero along with a goal to invest in over 30 Indonesian startups in 2023.

Khazanah launches Future Malaysia Program to spur the local start-up ecosystem

Malaysia's sovereign fund Khazanah Nasional Berhad has on Thursday announced the launch of the Future Malaysia Program to support the local start-up ecosystem of entrepreneurs, start-ups, venture capital, and corporate venture programmes through collaborations with domestic and international partners.

STACS partners GFA to greenify the transportation and logistics sector

Singapore-based environmental, social, and governance (ESG) fintech firm Hashstacs Pte Ltd (STACS), has on Thursday announced its partnership with green logistics certification body and non-profit association Green Freight Asia Network (GFA) to greenify the transportation and logistics sector and enable access to sustainable financing.

Pakistan learning platform startup Maqsad raises $2.8M in seed round

Maqsad, a Pakistan-based edtech, has announced a $2.8 million seed round led by Speedinvest and returning investor Indus Valley Capital.

RHB Xcelerator program announces 11 finalists

The RHB Xcelerator programme, which have been launched by Malaysian lender RHB Banking Group and Malaysian venture capital (VC) firm 1337 Ventures, has announced 11 finalists that will compete at its first Demo Day.

Indonesia’s Hijra Bank optimistic on this year performance, aiming 1M users in 2024

Indonesian Islamic digital bank Hijra Bank is optimistic that its performance this year will increase, because it is supported by the number of users that have experienced significant growth, in line with the high public needs in sharia financial services.

DBS, Heritas Capital close Asia Impact First Fund with over $20M raised

Singaporean bank DBS and Singaporean investment firm Heritas Capital have on Wednesday announced the successful first close of the Asia Impact First Fund (AIFF) with over $20 million raised.