Asia

B Capital closes $250M early-stage fund dedicated to building the economy of the future

B Capital, a global multi-stage investment firm, announced Wednesday the $250 million close of Ascent Fund II (Ascent), its first dedicated early-stage fund. B Capital said in a…

India’s Ola to invest $500M in battery innovation and indigenous cell R&D

Ola Electric, India’s largest electric vehicles (EV) company, announced Monday the investment of $500 million for setting up its state-of-the-art battery innovation center (BIC)…

Phillip Securities becomes first brokerage firm in Asia to offer US Market Making service during Asian market hours

Phillip Securities, the brokerage arm of PhillipCapital, launched the US Asian Hours on 19 July 2022, which facilitates the trading of 38 US-listed equities and exchange-traded…

AnyMind Group raises $29.4M in Series D funding to drive next-generation commerce

AnyMind Group, an end-to-end commerce enablement company has announced on Tuesday that it has raised ¥4 billion (approximately $29.4 million) in its Series D funding round, with…

India-founded healthtech firm Wysa secures $20M led by HealthQuad and BII

Wysa, an artificial intelligence (AI) digital platform for mental health originally founded in India, announced Thursday it has secured $20 million in financing. The round is led…

India’s Detect Technologies raises $28M Series B funding led by Prosus Ventures

Detect Technologies, an artificial intelligence (AI)-based software as a service (SaaS) enterprise in India, announced Thursday that it has raised $28 million in primary and…

Singapore’s Temasek warns of cautious outlook, expects to slow down investment

Singapore's state-owned investor Temasek said it maintains a cautious investment stance while staying focused on constructing a resilient portfolio, given the reasonable…

Animoca Brands raises over $75M to advance vision of open metaverse

Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the open metaverse, announced Tuesday that it has completed a capital raise of $75.32…

Vleppo, Tokel conduct digital procedure to make NFT rights legally enforceable in the real world

Web3 firms Vleppo and Tokel have successfully conducted a breakthrough digital procedure that will pave the way for the blockchain industry and non-fungible token (NFT) owners to…

India’s MedTel Healthcare plans to raise $10M Series A funding

MedTel Healthcare, an India-based business to business (B2B) and business to business to consumer (B2B2C) connected care and remote patient monitoring platform, said Tuesday it is…