Asia

COMEUP 2023 opens in Seoul, aims to become a truly global event

COMEUP 2023 will be held at Dongdaemun Design Plaza in Seoul, South Korea from Nov 8 to 10, and will also be available online, through a livestream.

HPCL partners Gogoro to rollout battery swapping across retail outlets in India

Gogoro Inc., a Taiwan-based technology firm in battery swapping ecosystems, has partnered Indian oil firm Hindustan Petroleum Corporation Ltd. (HPCL) to rollout battery swapping across retail outlets in India.

The Sandbox announces open publishing and new 100M SAND Game Maker Fund

The Sandbox, a decentralized gaming virtual world and a subsidiary of Hong Kong-based gaming firm Animoca Brands, has announced the open publishing and new 100M SAND Game Maker Fund.

Japan-based AnyMind expands into South Korea

AnyMind Group, a Japan-based technology company for the business supply chain, has on Monday announced that it has entered South Korea, with an office in Seoul, to initially help businesses in South Korea to expand into international markets whilst the company develops its domestic networks in South Korea.

Indian venture capital firm Java Capital announces final close of fund at $6M

Java Capital, an India-based deep tech venture capital fund, has on Tuesday announced the final close of INR 50 crore ($6 million) fund. The fund has seen participation from established founders from the Indian startup ecosystem, high net worth individuals (HNIs) based in India, Middle East and the United States.

AirAsia parent Capital A to list brand management business on NASDAQ via SPAC deal

The proposed business combination will be at an indicative equity value of $1 billion based on an independent valuation of the AirAsia Brand.

Japan’s Mitsui invests $58M in ADA via Axiata Digital, valuing ADA at $550M

Following the investment, Mitsui’s stake in ADS will increase from 3.29 percent to 20 percent, resulting in an effective 12.69 percent stake in ADA.

India’s Aequs raises $54M in funding round led by Singapore-based Amansa Capital

Precision manufacturing company Aequs Pvt. Ltd., has raised $54 million in a fresh round of equity funding led by Singapore-based Amansa Capital, which brings on board five new investors. Apart from Amansa, the current round includes global investment firm Steadview Capital, Catamaran, the family office of Infosys founder N. R, Narayana Murthy, Sparta Group…