Asia

UK AdTech Admix raises $25M Series B for APAC expansion, looks to scale as the content monetization layer for the metaverse

The funding will be used to scale up its In-Play solution worldwide and establish the company as the content monetization layer for the metaverse

India neobank Zolve closes $40M Series A funding round at a valuation of $210M, will scale financial services for US-bound immgrants

With these additional funds, Zolve intends to enhance the user experience for global citizens, allowing them to open their U.S. accounts in minutes. Moreover, the funds will help speed expansion of the service to more nationalities, increasing the number of people who can start building their financial futures from the moment they arrive in the U.S.…

India education infrastructure startup Teachmint plans international expansion with $78M Series B led by Rocketship.vc and Vulcan Capital

Teachmint will use this fresh infusion of funds to further strengthen its proprietary classroom technology as well as to expand into international markets. To accelerate growth, Teachmint will also extensively focus on growing its teams and hiring skilled talent, especially across product, technology, and design.

White Star Capital raises $360M for third fund, will open an office in Singapore

White Star Capital has secured $360 million for its third flagship fund, above its original target of $300 million, to invest in exceptional entrepreneurs building ambitious, global businesses.

Emerging Vision to grow further in India & US as online ‘fortune-telling’ services soar amid pandemic

The firm is also expected to rake in revenue of more than $6 million this year as demand for its astrology, tarot card reading services gained popularity.

India FinTech SaaS firm Clear raises $75M Series C to accelerate B2B and international expansion

The funds will be used to accelerate Clear’s expansion into Business to Business (B2B) credit and payments plus expansion into international markets.

Stripe to buy India-based payments reconciliation software provider Recko

Stripe has entered into an agreement to acquire Recko to help its internet businesses automate payments reconciliation.

Pakistan logistics startup Rider raises $2.3M Seed round led by Global Founders Capital, Fatima Gobi Ventures and ADB Ventures

The fund will be used to grow its logistics and e-commerce markets, expand its network, and integrate its proven last-mile service into other key parts of the value chain.

Animoca Brands raises $65M at $2.2B valuation from Ubisoft, Sequoia China, Dragonfly Capital, others

Animoca Brands has closed a capital raise for $65 million conducted at a pre-money valuation of $2.2 billion.

Venture debt firm InnoVen Capital launches new Southeast Asia Fund with first close of $50M

InnoVen SEA Fund has completed its first close of $50 million with InnoVen Capital and will be seeking additional investors to participate in the fund.