News

Indika Energy, Alpha JWC Ventures and Horizons Ventures team up for EV venture

Indika Energy, Alpha JWC Ventures and Horizons Ventures announced Friday their latest collaboration in the form of joint investment in Ilectra Motor Group (IMG), a company that specializes in electric two-wheel (E2W) vehicles.

Singapore’s Dedoco secures $3M funding from True Global Ventures

Dedoco, a Singapore-based document infrastructure platform for enterprise Web3, said Friday it has secured $3 million funding from True Global Ventures 4 Plus (TGV4 Plus) Fund to fuel its global expansion. The latest investment brings Dedoco's total capital raised to $7.5 million.

Singapore’s Neso Brands announces $100+M funding for eyewear brands

Singapore eyewear house Neso Brands announced on Thursday an investment of more than $100 million into eyewear brands. It will partner and invest in consumer eyewear brands around the world and grow these brands by leveraging synergies across the Lenskart Group to accelerate international expansion. Neso is an initiative of omni-channel eyewear unicorn…

Indonesia’s Bibit raises more than $80M funding led by GIC

ibit, one of the leading digital investment apps in Indonesia, announced Wednesday that it has raised more than $80 million in a funding round led by GIC Private Limited (GIC), joined by Prosus Ventures and other existing investors. The funds raised will be used for the launch of new products and services, tech development, acquiring top talent from the…

Quest Ventures leads investment into BILLZ, a user-friendly retail management software for SMEs

BILLZ announced that it has raised a new round of funding from international institutional investors. The round was led by venture capital firm Quest Ventures and included participation from Sturgeon Capital, a London-based VC fund that invests in emerging markets.

Hivestack and Yahoo announce strategic global programmatic DOOH partnership

Yahoo and Hivestack, a programmatic digital out-of-home (DOOH) ad tech company, have today announced a strategic global partnership to connect its technologies and enable premium, programmatic DOOH cross-channel media campaigns on a global scale.

Inventus India launches $120M fund, rebrands to Athera Venture Partners

Inventus India, an early stage venture capital firm, announced Thursday the launch of its fourth fund with a target corpus of Rs900 crores ($120 million). The firm also announced its rebranding as Athera Venture Partners.

Singapore’s 1982 Ventures closes oversubscribed debut $20M Southeast Asia FinTech fund

1982 Ventures, a Singapore-based early-stage venture capital firm, on Thursday announced the final close of its debut seed fund with over $20 million in committed capital. The fund was heavily oversubscribed as 1982 Ventures was targeting to raise a total corpus of $15 million.

Fintech Pebble seeking to catalyze the mass adoption of Blockchain with $6.2M fundraise

Pebble has launched an app that pays you to save, spend, and send your money in one digital wallet. With the rollout of the product, Pebble concurrently announced their $6.2M raise to ignite the growth of The Money Revolution.

Climate tech startup Allinfra raises $6M in Series A funding round led by Nomura

Allinfra today announced the closing of its Series A funding round. Headquartered in Hong Kong, the company develops enterprise software designed to help institutions across a range of industries achieve their sustainability goals.