News
India’s Fibe raises $90M in Series E funding led by TR Capital, Trifecta Capital and Amara Partners
Fibe, an India-based Fintech firm, has raised $90 million in a Series E round led by TR Capital, Trifecta Capital and Amara Partners. Its existing investors TPG Rise Fund, Norwest Venture Partners, Eight Roads Ventures and Chiratae Ventures also participated in the round.
McDonald’s partners Bandwagon Labs to create first-of-its-kind in-app metaverse
Singapore's entertainment media tech company Bandwagon, through its metaverse arm Bandwagon Labs, has partnered with McDonald's Singapore to launch an immersive web-app-based experience on Thursday.
Philippine EV startup Mober secures $6M funding from Clime Capital
Mober, a green logistics services provider in the Philippines, has garnered an investment of up to $6 million from the South East Asia Clean Energy Facility II (SEACEF II) managed by Clime Capital Management, a Singapore-based fund manager focused on accelerating the low-carbon transition.
VIS partners NXP to build and operate $7.8B semiconductor wafer manufacturing facility in Singapore
Taiwanese IC foundry service provider Vanguard International Semiconductor Corporation (VIS) and Dutch semiconductor manufacturer NXP Semiconductors N.V. (NXP) have on Wednesday announced the plan to build a $7.8 billion new 300mm semiconductor wafer manufacturing facility in Singapore.
Indonesia’s McEasy raises Series A+ funding led by Granite Asia
McEasy, an Indonesia-based internet-of-things (IoT) and software-as-a-service (SaaS) enterprise company, has raised Series A+ funding from Granite Asia as the lead investor, followed by existing investor East Ventures. Its total Series A funding has now reached $11 million.
Singapore’s Botsync raises $5.2M Series A financing from Capital 2B, Betatron to integrate automation in manufacturing
Botsync, the Singapore-based developers of integrated automation solutions for Asia Pacific (APAC) and beyond, has on Wednesday announced the completion of a $5.2 million Series A round of financing.
Hong Kong’s Mezzofy raises $2M Pre-series A funding round to drive market expansion, product advancement
Hong Kong-based digital coupon platform Mezzofy has on Wednesday announced the completion of Pre-series A funding round of $2 million to bring the start-up's global expansion plan to life and support its product advancement for the web3 future.
Singapore’s Nium raises $50M in Series E round to expand real-time payments global infrastructure
Nium, the Singapore-based real-time cross-border payments, has on Wednesday announced it has raised $50 million in a Series E funding round. The round was led by a sovereign wealth fund in Southeast Asia and values the company at $1.4 billion post-money
Alipay+ partners Khan Bank to enable digital payment of 12 International e-wallets in Mongolia
Alipay+, a suite of cross-border mobile payment and digitalization technology solutions operated by Ant International, has partnered with Mongolian full service bank Khan Bank to enable digital payment of 12 international e-wallets in Mongolia to drive tourism and merchant growth.
UEM Lestra, Blueleaf, ITRAMAS ink deal to develop 500MW hybrid solar power plant
UEM Group Berhad (UEM Group) through its wholly-owned subsidiary and green industry arm, UEM Lestra Berhad (UEM Lestra), has on Wednesday signed an agreement to develop a 500-megawatt (500 MW) hybrid solar power plant with Blueleaf Energy, a leading green renewable energy platform, and ITRAMAS Corporation Sdn Bhd (ITRAMAS).
