On location
Vietnam’s Society Pass completes acquisition of Philippines online grocery delivery service Pushkart.ph
Society Pass Incorporated (SoPa) has acquired Pushkart.ph, an online grocery delivery service in Philippines. The move kicks-off SoPa’s expansion into the Philippines market. Leveraging on SoPa’s capital, Pushkart.ph will focus on dramatically increasing on-demand grocery shopping services to more consumers and more retailers initially to Metro Manila and…
Singapore consumer internet firm Glance gets $200M from Reliance Industries’ Jio Platforms
Glance has agreed to raise $200 million from Reliance Industries Limited's subsidiary Jio Platforms Limited (Jio) in its Series D round of funding. The proposed investment by Jio is aimed at accelerating Glance’s launch in several key international markets outside of Asia such as the United States, Brazil, Mexico and Russia.The company is aiming to create…
Animoca Brands Japan begins operations, bags seed round of $10M
Animoca Brands announced Tuesday it has begun operations in Japan with the launch of its strategic subsidiary Animoca Brands KK (Animoca Brands Japan), which has completed a raise of ¥1.1 billion ($10 million) of funding in its seed round. Animoca Brands Japan will use the new capital to expand its business in Japan with the goal to enhance the reach of…
Singapore health and wellness platform MindFi raises $2M to bring mind fitness to Asia Pacific workplaces
MindFi announced Tuesday an oversubscribed $2 million seed funding round that saw participation from existing investor M Venture Partners and Global Founders Capital fund. Carousell Co-Founder Marcus Tan, Carro Executive Kenji Narushima and Spin Co-Founder Derrick Ko also joined the round, among other prominent angel investors in United States and Asia. The…
Singapore foodtech firm ProfilePrint closes Series A funding round at a valuation over three times its pre-series A round last year
ProfilePrint, nnounced Tuesday the closing of its Series A funding round at a valuation over three times its pre-series A round last year. Backing this funding round are some of the world’s largest food ingredient conglomerates, namely Louis Dreyfus Company (Netherlands), Olam Food Ingredients (ofi – an operating group of Olam International Limited,…
Singapore insurtech provider Cyber Sierra raises $4.3M seed fund led by Leo Capital
Cyber Sierra announced Tuesday the completion of a $4.3 million seed round of financing led by Leo Capital, with participation from AppWorks, Credit Saison, as well as angel investors including prominent founders and leaders in the cloud and insurance sectors.With this round of financing, It plans to launch and grow its business offerings to include more…
Animoca Brands, Brinc launch new $30M Guild Accelerator Program
Animoca Brands has partnered with Brinc to launch the Guild Accelerator Program to build and grow the play-to-earn (P2E) guild ecosystem globally. The new acceleration program offers a total investment capital of up to $30 million over two years.The Guild Accelerator Program aims to enable millions of people around the world to generate income by…
India bans 54 Chinese apps on ‘security concerns’ – report
Since June 2020, the Indian government has banned around 224 Chinese apps.
Indonesia’s AC Ventures appoints venture capital veteran Helen Wong as Senior Advisor and Venture Partner
Indonesian venture capital firm AC Ventures announced Monday that venture capital veteran Helen Wong has joined as the fund Senior Advisor and Full-Time Venture Partner.
