Asia

Bengaluru-based analytics platform Parseable has announced a seed funding round of $2.75 million led by Surge and NP-Hard Ventures, earmarking its entry into the expanding log analytics market.

Brainfish, an Australia-based artificial intelligence (AI)-powered customer support platform for online businesses, has raised AUD 3.85 million ($2.5 million) in its second funding round to double down on its product innovation and accelerate its international expansion.

The International Finance Corporation (IFC)has on Thursday announced an investment of $6 million in Midas, a digital brokerage company in Türkiye, to accelerate digitalization in the country's brokerage industry, strengthen its competitiveness, and empower people to protect their wealth.

Fano Labs, the Hong Kong provider of performance language artificial intelligence (AI) solutions, has on Thursday announced the successful closure of its Series B round. Openspace Ventures, a venture capital firm in Southeast Asia, led the investment round, with participation from HSBC and Greater Good Investment, the family office of Mr. and Mrs. Kenneth…

Avaada Energy, the renewable energy arm of India-based Avaada Group, has announced the successful closure of INR 4,471 crore ($535 million) of refinancing from the state-owned lender, the National Bank for Financing Infrastructure and Development (NaBFID).

Flourish Ventures, a global early-stage venture capital firm, has on Monday announced the appointment of Ravi Kaushik as Executive Director, Head of Asia Investments. Kaushik will lead the global firm's fintech investments and portfolio management in India and Southeast Asia.

The investment in Indian agrifood startups dips to pre-pandemic levels in 2023, plunging 60 percent from 2022 levels to reach just below $1 billion in 2023, a report said Tuesday.

Gogoro Inc., a Taiwan-based battery-swapping ecosystems firm, said Tuesday it has partnered with Japanese integrated trading firm Sumitomo Corporation and Sumitomo Mitsui Finance and Leasing Co., Ltd. (SMFL) to accelerate its global business expansion.

The International Finance Corporation (IFC) has partnered South Korean credit card-issuing company KB Kookmin Card Co. (KBC) to launch $150 million financing package in Indonesia, Thailand.

WEE, a marketplace specializes in fast delivery services within Dubai, has announced a $10 million infusion (comprising equity and credit facilities) from SIG INVESTMENT.