Asia
Japan’s SmartRyde raises $3.38M in Series A+ funding round
SmartRyde, the operator of a pre-booked airport transfer marketplace, has raised approximately JPY 450 million ($3.38 million) in a series A+ funding round. The fund was raised through the third-party allocation of shares led by NVC No.1 Limited Liability Partnership, a fund jointly managed by NVenture Capital Limited and NEC Capital Solutions Limited).
Indian early-stage venture fund pi Ventures raises $12M from SIDBI
Indian early-stage venture fund pi Ventures has received a commitment of INR 100 Crores ($12 million) or 15 percent of the corpus out of Fund of Funds for Startups (FFS) managed by Small Industries Development Bank of India (SIDBI).
The Edgeof to acquire SoftBank Ventures Asia to establish Pan-Asian ecosystem for pioneering startups
The Edgeof, a newly formed ecosystem builder and venture capital entity in Singapore, announced Wednesday that it will acquire SoftBank Ventures Asia Corp (SBVA), a wholly-owned subsidiary of Japanese investment bank SoftBank Group Corp. (SBG), to establish a Pan-Asian ecosystem for pioneering startups.
Cainiao clinches Gold and Silver Stevie Awards in 2023 Asia-Pacific Stevie Awards for Innovation, Sustainability and CSR Efforts
Cainiao Network (Cainiao), the logistics arm of China-based technology firm Alibaba Group Holding Limited, was named the winners of the Gold Stevie® Award for Innovation in Transportation & Logistics, and the Silver Stevie® Award for Innovative Achievement in Corporate Social Responsibility (CSR) in the 10 th annual Asia-Pacific Stevie Awards last……
Emergent Entertainment partners Animoca Brands to advance development of blockchain game Resurgence
United Kingdom-based metaverse and blockchain games studio Emergent Entertainment (Emergent) has partnered Hong Kong-based gaming firm Animoca Brands to to advance development of Resurgence, the upcoming survival MMORPG.
India’s JSW One Platforms raises $25M in Series A funding round from Japan’s Mitsui
JSW One Platforms, the business to business (B2B) e-commerce venture of Indian conglomerate JSW Group, has raised INR 205 Crores ($25 million) from Japanese investor Mitsui & Co., Ltd in a series A funding round.
EY : Global IPO proceeds down 61 percent to $21.5B in 1Q
Global IPO market registered a total of 299 IPOs raising $21.5 billion in the first quarter of 2023, an 8 percent and 61 percent decrease year-over-year, respectively, said Ernst & Young (EY) on Monday.
2023 VinFuture InnovaTalk series: applying new technologies to increase agriculture production while reducing post-harvest losses
The VinFuture Foundation's launch of the 2023 InnovaTalk series on agriculture has highlighted the potential for new technologies to revolutionize the industry.
Indian e-mobility startup Magenta Mobility raises $22M from bp and Morgan Stanley India Infrastructure
Indian e-mobility firm Magenta Mobility has secured $22 million equity investment from bp ventures, the venture capital arm of United Kingdom-based oil and gas firm bp, and Morgan Stanley India Infrastructure, the Indian infrastructure arm managed by the United States-based investment bank Morgan Stanley.
Amazon India and Ministry of Information & Broadcasting join hands to boost India’s creative economy
Amazon India has on Wednesday announced that it has signed a letter of engagement (LoE) with the Ministry of Information and Broadcasting (MIB), government of India, with an objective of growing India’s creative economy.
