Author: TechNode Global Staff

India’s Evenflow raises $5M pre-series A round from Village Global and others

Evenflow Brands (Evenflow), an India-based e-commerce rollup firm, announced Thursday the closing of its pre-series A round of $5 million. The round saw participation from Village Global, 9Unicorns, Venture Catalysts, LetsVenture, Shiprocket, and marquee angel investors.

Australian FinTech firm Peppermint gets e-wallet license in the Philippines

Peppermint Innovation Ltd (Peppermint), an Australia-based FinTech firm, announced Wednesday the company has been granted a license to operate as an electronic money issuer (EMI) by the Central Bank of the Philippines Bangko Sentral ng Pilipinas (BSP). The EMI license authorises the company to deliver e-wallet services through its bizmoto mobile app…

Singapore Heritas Capital Fund II

Singapore’s Resolution Ventures announces first close of $20M Southeast Asia FinTech fund

Resolution Ventures, a Singapore-based venture capital firm, announced Wednesday the first close of its $20 million Southeast Asia-focused Fintech fund, Resolution Fintech Fund I. With its inaugural fund, Resolution Ventures is committed to backing the most promising founders in Southeast Asian Fintech, building solutions that have local, regional, and…

Germany’s Soundcloud acquires Singapore music AI firm Musiio

Germany music entertainment firm SoundCloud announced Tuesday it has acquired Musiio, a Singapore-based music artificial intelligence (AI) firm. Musiio will amplify SoundCloud’s existing music intelligence capabilities and allow the company to further leverage its vast data to identify what’s next in music trends and talent.

India’s Zepto raises $200M Series D led by Y Combinator Continuity

Just nine months after launching, Indian quick commerce firm Zepto has announced its $200 million Series D fundraise, valuing the company at around $900 million. Y Combinator Continuity doubled down and led Zepto’s Series D, with new investor Kaiser Permanente joining in to back the company.

Indian smart interviewing platform BarRaiser secures $4.2M in seed funding round

BarRaiser, an India-based artificial intelligence (AI)-powered smart interviewing platform, announced Monday that it has raised $4.2 million in seed financing. The seed funding round was led by 021 Capital and Global Founders Capital, with participation from other angel investors.

Grab-led digibank consortium to focus on local micro-SMEs, gig economy workers

Grab Holdings Limited said Friday that the digital bank consortium comprising GXS Bank Pte. Ltd., its digital bank joint venture with Singapore Telecommunications Limited (Singtel), and Malaysian investors including Kuok Brothers Sdn. Bhd, is expected to enable local micro-small and medium enterprises (SMEs) and other financially underserved segments such…

India’s Geniemode lands $28M Series B funding led by Tiger Global

Geniemode, an India-based business to business (B2B) cross-border tech platform for lifestyle goods, said Friday it has scooped up $28 million Series B funding led by Tiger Global. Existing investor Info Edge Ventures, also doubled down in the round.

Vietnam’s Trusting Social raises $65M Series C round from Sherpa

Vietnamese FinTech firm Trusting Social announced Thursday an investment of $65 million in the group from The Sherpa Company Limited (Sherpa), a subsidiary of Masan Group Corporation, for the initial close of its Series C round. It also announced a strategic collaboration between Trusting Social and Masan intends to develop an artificial intelligence…

Hong Kong’s Animoca Brands partners Germany’s OneFootball to bring football to blockchain

Animoca Brands, a Hong Kong-based company advancing digital property rights for gaming and the metaverse, announced Thursday that it has partnered Germany-based football media platform OneFootball and United States-based venture capital firm Liberty City Ventures to set up OneFootball Labs, which will enable clubs, leagues, federations and players to…