News

India’s SarvaGram closes oversubscribed Series C round at $35M

SarvaGram Solutions Pvt. Ltd., an India-based rural household-focused lending and distribution platform, has on Tuesday announced the close of its Series C round at $35 million.Investors in this round include Elevar Equity, Elevation Capital, Temasek and TVS Capital Funds, withElevar Equity being the largest investor in the company.

Quest Global partners TomTom to deliver Next-Gen Digital Cockpit solutions

Quest Global, a Singapore-based engineering services firms, has on Tuesday announced its partnership with TomTom, a Netherlands-based geolocation technology specialist, to deliver Next-Gen Digital Cockpit solutions.

Thailand-based HD raises $6M funding to accelerate new innovative elective surgery product

Thailand-based healthcare and surgery marketplace HD has raised $6 million funding to improve accessibility and affordability of healthcare services and elective surgeries in emerging Southeast Asia. The firm has successfully raised funding from a group of investors including Partech Partners, M VenturePartners, AC Ventures, iSeed, and Orvel Ventures.

Singapore new material technology startup Alterpacks raises $1M in Pre-Seed funding

Singapore-based new material technology startup Alterpacks has closed its first round of $1 million Pre-Seed funding led by Plug and Play APAC, SEEDS Capital to further its commercialization drive. The round also saw participation from Earth Venture Capital and angel investor Alice Foo.

South Korea’s SeaVantage receives $1.3M funding led by We Ventures

SeaVantage, a South Korean-based startup in real- time ocean supply chain visibility has raised $1.3 million from We Ventures, IBK Capital, Lindeman Asia Investment, and BDC Labs.

Singapore’s ACX closes convertible note series with TRIREC as lead investor

AirCarbon Exchange (ACX), the Singapore-based digital carbon trading exchange, has on Wednesday announced the successful close of its convertible note series with Singapore-based decarbonization investor, TRIREC, investing as the lead investor.

Indonesia’s Akulaku raises $200M investment from MUFG

Akulaku, an Indonesia-based banking and digital finance platform, announced Monday a $200 million investment from Japanese megabank Mitsubishi UFJ Financial Group (MUFG).

Singapore’s BillionBricks secures $2.45M led by Thakral Corporation

BillionBricks, a Singapore-based climate-tech venture that combines clean energy and large-scale affordable housing, announced Friday it has closed a $2.45 million seed funding round which was led by investment from Thakral Corporation Ltd.

TechNode Global’s Top 10 most-read news articles in 2022

It’s the time of the year again as we take a look back at what had happened in 2022 in the tech and startup scene, before ushering into 2023.

Indonesia’s Gree Energy raises $ 3.2M pre-series A round led by Earthcare

Gree Energy, an Indonesia-based biogas-to-energy firm, announced Wednesday it has secured $3.2 million pre-series A funding round led by Earthcare Group.