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Razer launches traceable carbon neutral checkout solution

Razer, United States and Singapore-based lifestyle brand for gamers, has introduced Restorify, an e-commerce service rolled out by Razer Fintech, the financial technology arm of Razer. Restorify is a traceable carbon neutral checkout, and was launched during COP27, the 27th Conference of the Parties to the United Nations Framework Convention on Climate…

Huawei Cloud partners Singapore IMDA to launch incubator program

Huawei Cloud has launched the inaugural Spark Incubator program as part of its partnership with the Infocomm Media Development Authority’s (IMDA) PIXEL Innovation Hub. In a statement, The program targets early-stage Singapore-based start-ups in the pre-seed and seed space from sectors including FinTech, Web3, metaverse and software as a service (SaaS)…

Vietnam’s VinFast returns to Los Angeles Auto Show with four EV models

Vietnamese electric vehicle (EV) manufacturer VinFast on Thursday announced its participation in Los Angeles Auto Show 2022 (LA Auto Show 2022) from November 17 to 28, 2022, and will be showcasing its four EV models in the B-C-D-E segments.

India’s Amagi raises over $100M from General Atlantic

Amagi, an India-based media technology provider, announced Thursday over $100 million in investment, inclusive of $80 million in primary capital, from global growth equity firm General Atlantic. The investment brings Amagi’s valuation to $1.4 billion, representing an increase from the $1 billion valuation the company achieved in March 2022 with a $95…

Hashkey secures licences to operate virtual asset trading platform in Hong Kong

Hash Blockchain Limited (HBL), a member of the HashKey Group, a digital asset financial services group in Asia, has received approval from the Securities and Futures Commission of Hong Kong (SFC) to operate a virtual asset trading platform.

India’s Phyx44 raises $1.2M seed fund led by Better Bite Ventures

Phyx44, the first full stack precision fermentation startup in India, said Thursday it has raised $1.2 million seed fund to develop animal-free milk proteins and fats for use in dairy products. The funding round was led by Better Bite Ventures and participated Ahimsa VC, PeerCapital, Spectrum Impact, Rohit Gulati (Managing Director and Partner at Boston…

Singapore climatetech venture builder Wavemaker Impact announces first close of its debut fund

Singapore-based climatetech venture builder Wavemaker Impact (WMI) announced the first close of its debut fund to drive decarbonization in the region at scale. Its limited partners include Pavilion Capital, an investment company established in Singapore in 2012; JG Digital Equity Ventures, the venture capital arm of the Philippines’ JG Summit Holdings;…

India’s CureBay raises $6.12M Series A funding led by Elevar Equity

CureBay, an India-based health-tech platform, said Thursday it has raised INR 50 crore ($6.12 million) in a Series A funding round led by Elevar Equity. With plans to launch 100 eClinics in the next 12 months, the capital will be invested into acquiring skilled talent, expanding to new locations, and further strengthening the tech platform and care delivery…

Singapore’s FastCo raises $7.48M in Series A funding; expects to break-even within next two years

In the extended Series A round, Malaysia-based investment firm OSK Ventures International (OSKVI) led the funding that raised a total investment of S$4.7million into FastCo with participation from existing investor Cento Ventures and new investor Kairous Capital.

Vietnam’s Society Pass expands Nusatrip business to Southeast Asia

Society Pass Incorporated, Southeast Asia's (SEA) data-driven fintech and e-commerce ecosystem, has on Wednesday introduced the new Nusatrip Chief Executive Officer and announced its strategic plans moving forward, expanding Nusatrip business coverage throughout SEA.