News
Thailand’s LINE MAN Wongnai raises $265M Series B funding led by GIC and Line
LINE MAN Wongnai, a Thailand-based food delivery startup, announced Monday that it has raised $265 million in a Series-B investment round led by GIC, Singapore’s sovereign wealth fund, and LINE Corporation. This fundraising round was also joined by BRV Capital Management, PTT Oil and Retail Business Public Company Limited (OR), Bualuang Ventures and Taiwan…
Malaysia’s Instapay Technologies raises $4.75M Series A funding led by Daiwa Securities-backed fund
Malaysia-based payments fintech firm Instapay Technologies Sdn Bhd, has raised $4.75 million Series A funding round, to fuel its growth in ASEAN and Middle East markets.
Philippine Sprout Solutions acquires process automation platform Linnia
Sprout Solutions, a human resource (HR) solutions provider in the Philippines, has acquired process automation platform Linnia from Aiah (Innovantage), a conversational artificial intelligence (AI) and process automation company in the Philippines.
DBS launches self-directed crypto trading function for accredited wealth clients
Singaporean bank DBS announced Friday that it has rolled out self-directed crypto trading via DBS digibank, enabling wealth clients who are accredited investors to trade cryptocurrencies on DDEx at their convenience.
Singapore’s Golden Equator Group partners Cordell Broadus (Champ Medici) to establish Web3 fund
Golden Equator Group, a Singapore investment holding group, announced Friday that it has partnered with Cordell Broadus – a leading investor and thought leader in the Web3 space, also known for his Bored Ape NFT Champ Medici – to set up a Web3 fund.
Philippine CloudEats closes fresh $7M funding round for SEA expansion
CloudEats, a Phiilippine-based cloud restaurant company, has raised $7 million in a fresh funding round led by Nordstar, a London-based venture firm.
Malaysia’s Revenue Monster clinches $6.6M funding from SEA Capital
Revenue Monster Group, a Malaysian financial technology company, has announced a successful private equity funding round and the signing of a memorandum of understanding (MoU) that solidifies its mission to create Malaysia’s most holistic FinTech solutions ecosystem to fast-track Malaysia’s digital transformation.
True Global Ventures invests a total of $38M in Hong Kong’s Animoca Brands
The True Global Ventures (TGV) 4 Plus Fund and Follow On Fund have invested in total $38 million including $16 million of secondaries into Hong Kong-based Web 3 firm Animoca Brands during the second quarter and third quarter of 2022.
Vietnam’s Vinfast to make Netherlands debut with EV models VF 8 & VF 9
VinFast, Vietnam’s global electric vehicle (EV) maker, will make Netherlands debut with EV models VF 8 & VF 9. The Netherlands is one of VinFast’s three key markets in Europe and among the continent’s most developed EV market.
India’s Bhanzu secures $15M Series A funding led by Eight Roads Ventures
Bhanzu, an India-based math learning platform, announced Thursday that it has raised $15 million in Series A funding led by global investment firm Eight Roads Ventures. Another global investor B Capital, also invested in the round from its Ascent Fund.
