Asia
Hong Kong’s PAG to invest over $1B on renewable energy in Asia
PAG, a Hong Kong-based Asia Pacific (APAC)-focused alternative investment firm, announced Wednesday the launch of PAG Renewables, a wholly owned company with the mandate to develop, build, operate, and invest in renewable energy in Asia. The fund is expected to invest over $1 billion through the platform over the next several years.
ESR upsizes development joint venture in Korea
ESR Group Limited (“ESR” or the “Group”; SEHK Stock Code: 1821), APAC’s largest real asset manager, announced on Wednesday the upsize of its second development joint venture (“ESR-KS II” or the “Joint Venture”) in Korea with APG and Canada Pension Plan Investment Board (“CPP Investments”).
Palo Alto Networks appoints Steven Scheurmann as Regional Vice President for ASEAN
Scheurmann is a recognized expert on topics such as the digital economy, cybersecurity, AI, and cloud technology. He has taught at the National University of Singapore (NUS) Business School and regularly speaks at industry events.
India’s MoHash raises $6M seed funding led by Quona and Sequoia Capital India
MoHash, an India-based decentralized finance (DeFi) protocol, announced Thursday that it has raised $6 million seed funding led by Quona and Sequoia Capital India which aims to offer global capital access to private debt in high growth economies and creating liquidity. The round also saw participation from Jump Crypto, Hashed Ventures, Coinbase Ventures,…
Newly launched Saison International takes the reins of parent company’s global business to triple profits in high-growth markets
Credit Saison (“Credit Saison Co., Ltd”, “TYO:8253”) is putting its weight behind a strategy for all investment and innovation activities outside of Japan with the launch of a newly structured global business division, Saison International, that has an investment of $670M to date.
UK’s Ascential acquires Singapore e-commerce services provider Intrepid for up to $250M
Ascential plc, the specialist information, analytics and eCommerce optimisation company in the United Kingdom, has acquired Intrepid E-Commerce Services Pte. Ltd. (Intrepid), a provider of eCommerce execution services to brands in Singapore. The maximum total consideration payable for Intrepid, in the event that very stretching targets are reached, is…
India’s Fitmint raises $1.6M seed funding led by General Catalyst
Bengaluru-based move-to-earn startup Fitmint announced Wednesday it has raised seed funding of $1.6 million from multiple venture capital firms and institutional investors. This seed fundraising round was led by renowned international venture capital firm General Catalyst, and it also witnessed participation from iSeed, Kearny Jackson, Dweb3 and 1947 Rise,…
Franklin Templeton launches first Asian FinTech incubator in Singapore
Franklin Templeton, one of the world’s largest independent asset managers, on Tuesday officially opened its first Asian FinTech incubator in the heart of Singapore. The new Franklin Templeton Singapore FinTech Incubator is a joint incubation program for early-stage FinTech startups in partnership with F10 Global Innovation Network Singapore Pte. Ltd.……
