Asia

Indian branded franchised retail chain for small towns of India SuperK has raised $6 million in a Series A round of funding led by Blume Ventures. The round also saw participation from Silver Needle Ventures, Veltis Capital, Atrium Angels, and some angel investors and syndicates.

Hong Kong-based Hang Seng Bank has on Tuesday unveiled the HKD 33 Billion ($4.22 billion) SME Power Up Fund, a strategic initiative to support the growth, cross-boundary development, and sustainable progression of Hong Kong's small and medium-sized enterprises (SMEs).

DNX Ventures, a Japan and U.S.-based venture capital firm, has announced the final close of two new Japan funds, raising a total of approximately 36.5 billion yen (U.S. $243 million).

Japanese financial services company Crowd Credit Inc has parntered with Singapore's fintech firm Helicap Pte Ltd (Helicap) to pump $50 million into Southeast Asia for Japanese investors.

Soft Space, Malaysia-based fintech-as-a-service (FaaS) company, has announced a capital alliance with its long-standing partner, GMO Financial Gate, Inc, one of Japan’s largest payment processing companies. Soft Space said in a statement on Monday that this investment from GMO-FG comes before Soft Space’s planned Series C funding round, aimed at…

Indian health tech firm Ultrahuman has on Wednesday announced a $35 million equity and debt investment round. The series B funding round saw participation from venture capital firms Blume Ventures, Steadview Capital, Nexus Venture Partners, Alpha Wave and Zomato founder Deepinder Goyal.

Pocket FM, an India-based audio entertainment platform, has on Wednesday announced that it has raised $103 million in Series D funding. The round was led by Lightspeed with participation from StepStone Group.

Vietnamese car maker VinFast Auto has officially signed a cooperation agreement with Guam AutoSpot to distribute VinFast electric vehicles in Micronesia, VinFast said in a statement on Wednesday.

Eesee, the United Arab Emirates (UAE)-based gamified marketplace has received an investment from Animoca Brands, a Hong Kong-based gaming firm.

Over 200 LPs, including more than 150 family offices from across 30 countries, set to attend, aiming for collaboration with international partners.