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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.
Philippine circular economy startup Humble closes oversubscribed seed round
umble Sustainability, a circular economy startup from the Philippines, closed its seed round led by Seedstars International Ventures. The round also saw participation from iSeed Ventures, an early stage venture capital in San Francisco, and angel investors like Alan Wong, co-founder of Ula, as well as Sagar Achanta, who has held product leadership roles at…
Installation of 10,000 EV charging points in Malaysia on track, 700 ready, according to ministry
The EV industry has become one of the hottest sectors among Southeast Asian countries. Often seen as the future of automobile, neighboring countries Indonesia and Thailand has hoped to become EV regional hubs, luring car makers from Japan, South Korea and the US to invest and build factories here. Countries including Malaysia and Vietnam have started to…
DBS Bank launches accelerator in partnership with World Bank, Google Cloud
Singapore-based bank DBS and its global partners on Tuesday launched the second cycle of Sustaintech Xcelerator, a six-month climate-focused hybrid accelerator programme.The programme is organised in partnership with Temasek, GenZero, Google Cloud, the World Bank, Capgemini, and the Centre for Nature-based Climate Solutions at the National University of…
