News

Indonesian supply chain enabler Praktis raises $20M Series A round led by East Ventures

Praktis, an end-to-end supply chain enabler based in Indonesia, has raised $20 million of series A round led by East Ventures (Growth fund) with participation from Triputra Group and SMDV.

Indonesian chat commerce enabler Mimin secures seed funding from Salim Group’s Otto Digital

Mimin, an Indonesian-based startup offering chat commerce solutions and virtual assistant services for businesses, has on Friday announced its seed funding from Otto Digital, a subsidiary of Indonesian conglomerate Salim Group.

India’s BluSmart raises $42M to strengthen its operations in mega cities

BluSmart Mobility, India’s electric vehicle (EV) ride-hailing service and EV charging superhub infrastructure operator, has on Thursday announced that it has raised $42 million in the recent round in April.

Singapore’s Integra Partners closes second fund at $90M

Singapore-based early-stage venture fund Integra Partners (Integra), has on Thursday announced the final close of its second fund Integra Partners Fund II LP (Integra Partners Fund II) at $90 million. This brings the total committed capital managed by the firm to over $140 million.

Sunway, Gentari and EV Connection ink MoU to develop Electric Vehicle charging infrastructure across Malaysia

Malaysian conglomerate Sunway Group, clean energy solutions company Gentari Sdn Bhd, and electric vehicle (EV) charging solutions provider EV Connection Sdn Bhd, have sealed a memorandum of understanding (MoU) to build and install EV charging stations at Sunway-owned premises, commercial buildings and facilities throughout the country.

Dyson to open advanced manufacturing plant for next generation batteries in Singapore

Dyson, the global technology company, has on Wednesday announced a major acceleration of its international advanced manufacturing capabilities and global research and development (R&D) footprint, with a next generation battery plant in Singapore, new R&D campuses in the Philippines and the United Kingdom.

Singapore’s Advance Intelligence raises $80M funding led by Warburg Pincus, Northstar

Advance Intelligence Group, a Singapore-based artificial intelligence (AI)-driven technology company, has on Wednesday announced it has raised $80 million from an investor consortium led by existing investors Warburg Pincus and Northstar Group.

Indian venture capital firm Chiratae Ventures raises $122.5M for Growth Fund

Chiratae Ventures, India's largest homegrown venture capital fund, has successfully concluded the fundraising for its first Chiratae Growth Fund (CGF-I), raising INR 1001 cr ($122.5 million).

Singapore’s ABC Impact backs UK-based Polymateria’s biotransformation technology in $25M Series B funding round

Singapore-based impact private equity fund ABC Impact, together with sustainable chemical company Indorama Ventures, have led a £20 million ($24.98 million) Series B funding round in Polymateria Limited, the British company which has pioneered biotransformation technology to combat plastic pollution.

Indonesia’s Coldspace raises $3.8M seed fund led by Intudo Ventures, ASSA, Triputra Group

Coldspace, an Indonesian integrated cold chain solutions provider, has on Wednesday announced the completion of a $3.8 million seed round of fundraising. The funding was led by Intudo Ventures, ASSA, and Triputra Group.