News

Binance has partnered with YG Entertainment (YG) to develop metaverse, non-fungible token (NFT) and gaming opportunities. As part of the strategic partnership, Binance and YG will cooperate on a range of blockchain projects, including collaborations in the NFT space. Binance will provide the NFT platform and technology infrastructure while YG will supply…

Razorpay announced Tuesday its first international expansion into South-East Asia with the acquisition of a majority stake in Curlec for an undisclosed amount. This marks Razorpay’s fourth acquisition overall and its first in international waters, taking one step closer to becoming a fintech leader in emerging markets.

iCandy Interactive Limited (iCandy) is acquiring 51 percent stake in Digital Games International Pte. Ltd. (Storms) for A$8 million ($5.69 million), which will be settled via the issuance of new fully paid ordinary shares of iCandy. The acquisition of Storms will allow iCandy to leverage its distribution network to further target a number of markets in Asia…

Infina has closed $6 million in seed funding from investors such as Sequoia Capital India’s Surge, Y Combinator, Saison Capital, Starling Ventures, Alpha JWC, and AppWorks. Additional investors who have backed Robinhood, Coinbase, and similar models in other markets also participated in the funding.

Polygon has raised about $450 million through a private sale of its native MATIC token in a funding round led by Sequoia Capital India. The round also saw the participation from SoftBank Vision Fund 2, Galaxy Digital, Galaxy Interactive, Tiger Global, Republic Capital and prominent investors like Alan Howard (Co-Founder, Brevan Howard) and Kevin O’Leary…

Happy Fresh has launched HappyFresh Supermarket to extend fresh and dry grocery accessibility by significantly growing its dark store presence in the Southeast Asian region. It aims to provide an easy and convenient online grocery shopping experience, with high-quality and freshly handpicked products brought right to their customers’ doorsteps with free…

Hubble Pte Ltd has concluded its Series B funding round with S$11.35 million ($8.45 million) of investment. The round brings new investors to the table, such as Singapore and Australia’s Taronga Ventures, Singapore’s Kajima Ventures and Singapore’s Seeds Capital, to participate alongside existing investors OSK Capital Partners of Malaysia and…

Bananas has secured $1 million in seed funding led by East Ventures, with the participation from SMDV, ARISE, MDI Ventures and a few angel investors. It has also been accepted into the prestigious YCombinator Winter 2022 batch that has a 2 percent acceptance rate among tech startups who applied globally, adding Y Combinator as one of Bananas’ investors with…

Sirka has completed its $2.6 million seed funding round co-led by AC Ventures and Wavemaker Group. Sequoia, YC, Goodwater Capital, and several angel investors, such as ex-Sequoia’s Tim Lee and singer or entrepreneur Maudy Ayunda, also participated in the round. the funding received will be focused on building the largest and most active health community in…

Gobble has raised $1.3 million in a seed round co-led by BEENEXT and Flash Ventures. Notable angel investors who have backed Gobble in this round include Warren Tseng (former RGM, Uber APAC), Siddharth Shanker (former General Manager at Deliveroo Singapore), and Abhishek Sahay (Regional Director, Foodpanda), Gobble will use the funds to launch its platform…