Asia

Singapore IoT firm UnaBiz raises $25M in Series B led by SPARX Group

The funding brings UnaBiz’ total capital raised to $35 million since it launched in July 2016.

Sequoia-backed Incomlend launches $60M invoice financing program for ESG-focused SMEs

Incomlend connects SMEs globally with communities of investors, enabling them to finance individual invoices on an exchange platform. Since 2016, Incomlend has financed over $500 million in trades across 50 countries.

Singapore-based Qapita raises $15M Series A co-led by East Ventures & Vulcan Capital

Qapita plans to add more products to its platform that will not only provide solutions for private companies and startups but also to investors, shareholders and employees.

Singapore skyline SGX SPAC

Temasek leads $550M funding round in Israel cloud security firm Orca Security

Orca Security will leverage Temasek’s investment portfolio and global network to deepen its penetration into the Asia Pacific (APAC) region and beyond, and into key industries such as telecom, financial services, transportation, consumer goods, and more.

SoftBank-backed Indian hotel aggregator OYO files draft papers for $1.14B IPO

The hotel aggregator's IPO plan also comes at a time when travel restrictions are being eased in many countries and the tourism sector is expected to rebound.

UK’s CDC Group backs Fatima Gobi Ventures’ Pakistan-focused fund

The new funds will boost Techxila Fund I’s investments in early-stage tech companies across Pakistan.

Sustainable development in Asia Pacific – innovating for energy efficiency [Event highlights]

The panel discussion hopes to take a closer look at the role of innovative energy efficiency solutions in achieving carbon reduction goals. It also hopes to dive deeper to understand the current market trends, opportunities, barriers to deployment, and what can be done to drive adoption and meet various sustainable development goals.

Snaphunt envisions a future with a global talent pool, fully-automated recruitment [Q&A with Tulika Tripathi]

Wherever possible, more people are now looking for technology to help them with outcomes as compared to before the pandemic. As a result, we’re seeing international barriers to talent break down, whether for remote work, to globalize, or open new sales channels. Companies will continue to employ a more international workforce than they did before.