Asia

UpGrad, an India-based higher EdTech major announced on Tuesday it has acquired Exampur, one of India’s largest test-prep providers for government jobs, for an undisclosed amount, to build India’s largest test-prep platform for government jobs.

Pakistan-based social commerce platform DealCart announced Thursday that it has raised a $4.5 million pre-seed funding round led by Shorooq Partners. The round also saw participation from Fatima Gobi Ventures, Vibe Capital, 500 Global, i2i Ventures, Julian Shapiro, Rally Cap Ventures, Alex Lazarow, and several strategic angel investors.

Singapore telco Circles Global announced Thursday it has completed the acquisition of the Mobile Virtual Network Enabler (MVNE) business of Pareteum, a US-based cloud software communications platform company with operations in multiple regions around the world.

Dash Living, a Hong Kong-based serviced co-living community, announced Tuesday that it has expanded its presence in Japan through the acquisition of Tokyo-based IntheHood Hospitality via a share-swap based merger and acquisition (M&A) agreement.

UpGrad, an India-based integrated higher EdTech firm has announced a merger with Harappa Education at a value of $38 million, to establish leadership in enterprise learning in India. Harappa will clock about $10 million in revenue this year.

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The New York Stock Exchange (NYSE) and Singapore Exchange (SGX) announced Thursday the signing of a new agreement to collaborate on the dual listing of companies on both exchanges and work together in a number of other key areas focused on the capital markets. This collaboration represents an important initiative for both markets.

Bluejay Finance, a capital-efficient decentralized stablecoin protocol for issuing stablecoins pegged to real-world currencies, said Wednesday it has raised $2.9 million funding from Zee Prime Capital, C2 Ventures, Stake Capital Group, RNR Capital, Daedalus Angels, Moonlanding Ventures, Oval Ventures, and more, with operator-angels including DeFi projects…

New World Development Company Limited (NWD) announced Thursday that the group has initiated the New World Green Transport Alliance (NWGTA) and signed a memorandum of understanding (MOU) with Shell Hong Kong Limited (Shell) and Sime Darby Motors Group, who joined hands to commit HK$50 million ($6.37 million) to the alliance over a three-to-five-year period.

Y Combinator-backed startup Tablevibe partners with Foodpanda, DoorDash, and other delivery platforms to offer a commission-free online ordering system to over one million restaurants in Southeast Asia, Australia, and North America. The Singapore-based venture is the world’s first business to tie up with leading delivery platforms across these regions.