News
Indonesia’s DANA closes latest investment from Sinar Mas and Lazada Group
DANA, a digital wallet-based financial technology company in Indonesia, announced Wednesday the close of the latest investment from Indonesian conglomerate Sinar Mas and leading e-Commerce company Lazada Group.
Atome Financial, HSBC Singapore seal $100M debt facility
Singapore-based FinTech firm Atome Financial announced Thursday it has entered into an $100 million debt facility with HSBC Singapore to supercharge Atome Financial’s flexible deferred payments business across Asia
South Korea’s Neowiz and India’s Polygon launch Web3 game platform Intella X
Indian crypto firm Polygon is teaming up with South Korean gaming firm Neowiz Corporation to launch a brand new Web3 gaming platform Intella X, to bring some of Neowiz’s popular gaming IPs to Web3.Exercising the core principles of user ownership in Web3, Intella X is designed to distribute the shares of all generated revenue back to the contributors of the…
Indonesia’s Diri Care closes $4.3M seed funding co-led by East Ventures, Sequoia Capital India and Surge
Diri Care, an Indonesia-based consumer health technology startup, announced Thursday it has closed its oversubscribed seed round at $ 4.3 million, co-led by East Ventures and Sequoia Capital India and Southeast Asia’s Surge.The round also saw follow-on participation from prominent angel investor, Henry Hendrawan.
Hong Kong’s Insilico Medicine bags new investment led by Aramco-backed Prosperity7 Ventures
Insilico Medicine, a Hong Kong-based clinical-stage end-to-end artificial intelligence (AI)-driven drug discovery company, announced Wednesday that it has completed a second closing of its Series D round, led by Prosperity7 Ventures, the diversified growth fund of Aramco Ventures, bringing the total Series D financing to $95 million.
Brazil’s Votorantim and Singapore’s Temasek launch new $700M fund to invest in Brazil
Brazil-based investment firm Votorantim and Singapore state investor Temasek announced Wednesday a strategic partnership to explore new investment opportunities in growth capital in various sectors of the Brazilian economy. By the terms of the agreement, Votorantim and Temasek will be partners in a new investment fund, in which both parties have committed…
CleverTap raises $105M in Series D funding round led by CDPQ
CleverTap, an India-founded business to business (B2B) software as a service (SaaS) platform for customer engagement and retention, announced Wednesday it has signed definitive agreements to raise $105 million in a Series D funding round led by CDPQ, a global investment group who committed $75 million in the funding.
