News
Singapore health data verification platform Riverr bags $1M seed round from KSL Maritime Ventures and SEEDS Capital
Riverr has raised a $1 million seed round led by KSL Maritime Ventures. Enterprise Singapore’s SEEDS Capital also participated in the round. The fresh capital from maritime industry leaders will enable Riverr to accelerate its go-to-market roadmap with healthcare providers across Singapore, Philippines, India and Indonesia as it introduces its platform to…
Singapore insurtech unicorn Bolttech acquires AVA Insurance
Bolttech has completed the acquisition of AVA Insurance Brokers and AVA Insurance Agency (AVA). The acquisition of AVA will accelerate the deployment of Bolttech’s insurance exchange in Singapore, connecting insurers, distributors and customers, making it easier and more efficient to buy and sell insurance.
Hong Kong event SaaS firm EventX raises an additional $8M led by GL Ventures
EventX has raised an additional $8 million in Series B plus funding, bringing the company’s Series B total to $18 million. The funding was led by GL Ventures, with participation from other investors. The new funding will go towards financing potential acquisitions, strengthening its international operations and expanding the company’s presence in Asia,…
Singapore’s Funding Societies raises $294M led by Softbank to fuel expansion plans in Southeast Asia
Funding Societies has raised $144 million in an oversubscribed Series C+ equity round led by SoftBank Vision Fund 2. Other new investors included Vietnamese tech giant VNG Corporation, Rapyd Ventures, Asia-based global investor EDBI, Indies Capital, K3 Ventures, and Ascend Vietnam Ventures.
Vietnam’s Society Pass completes acquisition of Philippines online grocery delivery service Pushkart.ph
Society Pass Incorporated (SoPa) has acquired Pushkart.ph, an online grocery delivery service in Philippines. The move kicks-off SoPa’s expansion into the Philippines market. Leveraging on SoPa’s capital, Pushkart.ph will focus on dramatically increasing on-demand grocery shopping services to more consumers and more retailers initially to Metro Manila and…
Singapore consumer internet firm Glance gets $200M from Reliance Industries’ Jio Platforms
Glance has agreed to raise $200 million from Reliance Industries Limited's subsidiary Jio Platforms Limited (Jio) in its Series D round of funding. The proposed investment by Jio is aimed at accelerating Glance’s launch in several key international markets outside of Asia such as the United States, Brazil, Mexico and Russia.The company is aiming to create…
Animoca Brands Japan begins operations, bags seed round of $10M
Animoca Brands announced Tuesday it has begun operations in Japan with the launch of its strategic subsidiary Animoca Brands KK (Animoca Brands Japan), which has completed a raise of ¥1.1 billion ($10 million) of funding in its seed round. Animoca Brands Japan will use the new capital to expand its business in Japan with the goal to enhance the reach of…
Singapore health and wellness platform MindFi raises $2M to bring mind fitness to Asia Pacific workplaces
MindFi announced Tuesday an oversubscribed $2 million seed funding round that saw participation from existing investor M Venture Partners and Global Founders Capital fund. Carousell Co-Founder Marcus Tan, Carro Executive Kenji Narushima and Spin Co-Founder Derrick Ko also joined the round, among other prominent angel investors in United States and Asia. The…
Singapore insurtech provider Cyber Sierra raises $4.3M seed fund led by Leo Capital
Cyber Sierra announced Tuesday the completion of a $4.3 million seed round of financing led by Leo Capital, with participation from AppWorks, Credit Saison, as well as angel investors including prominent founders and leaders in the cloud and insurance sectors.With this round of financing, It plans to launch and grow its business offerings to include more…
