Asia

Indian tech startup Plane raises $4M seed funding from OSS Capital

Plane, an India-based open-source project management platform, has on Wednesday announced it has secured $4 million in a Seed round funding from OSS Capital. This investment will fuel the company’s community growth and compete in the coveted enterprise segment.

Primer partners Banxa to strengthen global crypto adoption through payments

Tencent-backed fintech firm Primer, has on Wednesday announced its strategic partnership with Banxa, a crypto infrastructure provider based in Australia, to boost crypto adoption via payments.

Indian climate-smart deeptech firm Ecozen raises $30M

Ecozen, an India-based climate-smart technology solutions firm, announced last Friday that it has raised $30 million in a mix of debt and equity. This infusion of capital includes continued support from Nuveen and other existing equity investors, and new debt support from InCred Credit Fund and the U.S. International Development Finance Corporation (DFC)…

Animoca Brands Japan partners SQUARE ENIX to strengthen global marketing of ‘SYMBIOGENESIS’

Animoca Brands Japan, a strategic subsidiary of Animoca Brands, has on Monday announced that it entered into a memorandum of understanding (MoU) with SQUARE ENIX CO., LTD. to strengthen global marketing of SYMBIOGENESIS, SQUARE ENIX's game and associated collection of 10,000 non-fungible token (NFT) characters with game utility.

India’s Aurionpro Solutions acquires Arya.ai at $16.5M

India-based technology firm Aurionpro Solutions Limited has announced the strategic acquisition of Mumbai-based banking and insurance focused platform-as-a-service (PaaS) startup Arya.ai at $16.5 million.

Oracle to invest more than $8B in cloud computing and AI in Japan

Oracle Corporation Japan has on Wednesday announced that it plans to invest more than $8 billion over the next ten years to meet the growing demand for cloud computing and artificial intelligence (AI) infrastructure in Japan.

Walmart-backed Ninjacart makes strategic investment in Philippine agritech firm Mayani

Walmart-backed Ninjacart, India's agri-startup that leverages technology and data to organize the global agriculture ecosystem, has joined forces with Philippine business to business (B2B) agritech innovator Mayani in a landmark deal.

IFC, Amundi raise $436M to support green, resilient, inclusive recovery in emerging markets

The International Finance Corporation (IFC), a member of the World Bank Group, and Amundi, an European asset manager, have raised $436 million to support green, resilient, inclusive recovery in emerging markets

South Korea’s Upstage raises $72M Series B funding to expand global reach

Upstage, a South Korea-based artificial intelligence (AI) company specializing in large language models (LLMs) and Document AI, has announced that it has raised $72 million in a Series B. With this latest investment, Upstage has now raised over $100 million since its founding in October 2020.

India’s Medulance secures $3M in Series A funding led by Alkemi Growth Capital

Medulance, a player in India's emergency healthcare services sector, has secured $3 million in Series A funding, led by Alkemi Growth Capital. Medulance said in a statement on Tuesday the funding round also saw participation from investors such as Dexter Capital, Aman Gupta, and Namita Thapar.