Asia

Japan’s EMURGO invests in NFT and asset tokenization provider NMKR

EMURGO, a Singapore blockchain technology company that provides products and services to drive the adoption of the Cardano blockchain’s Web3 ecosystem, has on Monday announced a strategic investment in NMKR, a Cardano-based non-fungible token (NFT) and tokenization service provider.

Japan’s Sumitomo Life completes Singlife acquisition

Singapore insurer Singapore Life Holdings Pte Ltd (Singlife) announced Monday that it has become a fully owned subsidiary of Japan-based Sumitomo Life Insurance Company (Sumitomo Life).

Animoca Brands partners Blockpass for secure and regulatory compliant Web3

Blockpass, the United Kingdom-based provider of compliant identity verification solutions for the Web3 space, and Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the open metaverse and a long-standing Blockpass customer, have on Friday announced a strategic partnership to build a safer and more compliant Web3…

India’s HiLabs raises $39M in Series B financing co-led by Eight Roads Ventures and Denali Growth Partners

HiLabs, an India-based provider of artificial intelligence (AI)-powered solutions to manage dirty data, has on Thursday announced a $39 million Series B financing. The round was led by Denali Growth Partners and Eight Roads Ventures, with participation from F-Prime Capital.

Japan, ASEAN to integrate QR code payments by 2025 – report

Five ASEAN member countries, namely Singapore, Indonesia, Thailand, Malaysia and Philippines, signed a memorandum of understanding on payment integration between the countries in 2022 and began interaction in several areas.

UAE’s Param Labs secures strategic investment from Animoca Brands, strengthening partnership to fuel Web3 ecosystem development

Param Labs, a gaming infrastructure startup based in the United Arab Emirates, has secured a strategic investment from Animoca Brands, a Hong Kong-based company advancing digital property rights for gaming and the open metaverse.

SPORTPASS partners Queens Park Rangers to deliver immersive gaming to football fans

SPORTPASS, a subsidiary of Hong Kong-based gaming firm Animoca Brands, has on Wednesday announced a collaboration with Queens Park Rangers Football Club (QPR), marking the beginning of a new era in fan interaction and entertainment by bringing together the passion of football fandom with the innovative features of SPORTPASS.

India’s Perfios raises $80M funding from Teachers’ Venture Growth

Perfios, an India-based business to business (B28) software as a service (SaaS) fintech company, announced Wednesday that Teachers' Venture Growth (TVG), the late-stage venture and growth investment arm of Ontario Teachers' Pension Plan Board (Ontario Teachers), will invest $80 million into the company.

Dubai’s Kaskade Finance closes successful pre-seed round

Kaskade finance, a gamified incentivization layer protocol based in Dubai, has just announced the closure of its pre-seed funding round from over 40 investors.

India’s Sugar.fit secures additional $5M in Series A funding led by B Capital

Sugar.fit, an India-based health-tech startup, has secured an extra $5 million in Series A funding, bringing its total Series A funding to $16 million. B Capital led the recent funding, with previous participation from MassMutual Ventures and existing investors including Tanglin Venture Partners, Endiya Partners, and Cure.Fit.