Asia
South Korea’s Neowiz and India’s Polygon launch Web3 game platform Intella X
Indian crypto firm Polygon is teaming up with South Korean gaming firm Neowiz Corporation to launch a brand new Web3 gaming platform Intella X, to bring some of Neowiz’s popular gaming IPs to Web3.Exercising the core principles of user ownership in Web3, Intella X is designed to distribute the shares of all generated revenue back to the contributors of the…
Brazil’s Votorantim and Singapore’s Temasek launch new $700M fund to invest in Brazil
Brazil-based investment firm Votorantim and Singapore state investor Temasek announced Wednesday a strategic partnership to explore new investment opportunities in growth capital in various sectors of the Brazilian economy. By the terms of the agreement, Votorantim and Temasek will be partners in a new investment fund, in which both parties have committed…
CleverTap raises $105M in Series D funding round led by CDPQ
CleverTap, an India-founded business to business (B2B) software as a service (SaaS) platform for customer engagement and retention, announced Wednesday it has signed definitive agreements to raise $105 million in a Series D funding round led by CDPQ, a global investment group who committed $75 million in the funding.
Singapore’s Thunes expands into Saudi Arabia
Thunes, a Singapore-based cross-border payments company, announced Wednesday that it is accelerating the expansion of its services in the Middle East and North Africa (MENA) region, setting up an office in the Kingdom of Saudi Arabia, and appointing a new country head – Ahmad Yaacoub.
Google Cloud to bring its first cloud regions to Malaysia, New Zealand, and Thailand
Google Cloud on Wednesday announced its plans to bring three new Google Cloud regions to Malaysia, Thailand, and New Zealand, to meet growing demand for cloud services in Asia Pacific. The three regions will join six other previously announced Google Cloud regions, namely Berlin, Dammam, Doha, Mexico, Tel Aviv, and Turin.
Australia to explore use cases for central bank digital currency
The Reserve Bank of Australia is collaborating with the Digital Finance Cooperative Research Centre (DFCRC) on a research project to explore use cases for a central bank digital currency (CBDC) in Australia.
Crypto.com secures operating licenses in South Korea
Crypto.com, the world’s fastest growing cryptocurrency platform, announced Monday it has secured Electronic Financial Transaction Act and Virtual Asset Service Provider registration in South Korea by acquiring payment service provider ‘PnLink Co., Ltd.’ and virtual asset service provider ‘OK-BIT Co., Ltd.’.
India’s upGrad closes investment round of $210M
UpGrad, an India-based higher EdTech major has on Monday announced a fresh round of $210 million fundraise from marquee investors and family offices who join the company cap-table. This round has witnessed participation from ETS Global, Bodhi Tree , Singapore's Kaizen Management Advisors Pvt. Ltd, Family office of Bharti Airtel, Narotam Sekhsaria Family…
