News

Vietnam’s CNV secures $1M seed funding from Wavemaker Partners

CNV, a Vietnamese cloud-based business and marketing solutions provider, has successfully raised its seed funding of $1 million from Singapore-based venture capital firm Wavemaker Partners.

EY : Southeast Asia’s IPO deals down to $1B in first quarter

Southeast Asia's initial public offering (IPI) activity slowed down in the first quarter, with a total of 38 deals raising$1 billion, down from 51 deals raising $1.4 billion in the first quarter of 2023.

SUSI Partners invests in buildout of utility-scale renewables projects in the Philippines

SUSI Partners, through the SUSI Asia Energy Transition Fund (SAETF), has entered into an investment agreement with experienced Southeast Asian developer Alba Renewables (Alba) to support the development, construction, and operation of utility-scale, ground-mounted solar photovoltaic (PV) and onshore wind projects in the Philippines.

India’s Filter Capital announces final close of $97M for its inaugural fund

Filter Capital, a technology-focused growth investment firm based in India, has announced the successful final close of its first fund – Filter Capital India Fund I at a total corpus of 800 crores ($97 million).

Ant partners global e-wallets, card organizations for International Consumer Friendly Zones Program in China

Chinese fintech firm Ant Group, along with 11 overseas payment partners of Alipay+ and major international card organizations, have launched in Beijing a nation-wide Program to build International Consumer Friendly Zones across major Chinese tourist and commercial cities, with the support of relevant authorities and local governments.

Imaginary Ones partners Animoca Brands to enhance Web3 entertainment ecosystem

Hong Kong-based gaming firm company Animoca Brands and Web3 entertainment and intellectual property (IP) company Imaginary Ones have on Monday announced a partnership to enhance Web3 entertainment ecosystem.

Japan’s Smartpay raises $7M in pre series A round led by SMBC Venture Capital

Japanese Fintech leader Smartpay was oversubscribed in raising $7 million in pre series A round led by Japanese technology investor SMBC Venture Capital.

Hyundai Motor, Kia inks deal with Exide Energy Solutions to produce electric vehicle battery in India

South Korean automakers Hyundai Motor Company (Hyundai Motor) and Kia Corporation (Kia) have inked deal with Indian battery manufacturer Exide Energy Solutions Ltd. (Exide Energy) to produce electric vehicle (EV) battery in India.

United Kingdom’s TerraPay receives Singapore license for money transfer services

TerraPay, a global money movement company based in the United Kingdom, has been granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore (MAS).

Singapore’s myFirst, Fu Yu expand to North American kids tech market with $11M deal

Singapore’s kids-tech startup myFirst Tech Holdings Pte Ltd (myFirst) has appointed SGX Mainboard-listed Fu Yu Corporation Limited (Fu Yu) as its exclusive contract manufacturer to propel a major North American expansion of its kid-safe digital platform.