Asia

InnoVen Capital, an Asian provider of venture debt for high growth, venture-backed technology companies, has unveiled the launch of its second China fund — InnoVen China Fund II, a USD-RMB Dual Currency Fund. The fund targets a total size of $250 million, and an initial close of approximately $130 million has been completed.

HashKey Exchange, the licensed virtual asset exchange in Hong Kong, and Animoca Brands, the company advancing digital property rights for gaming and the metaverse, have on Tuesday announced the execution of a memorandum of understanding (MoU) for a strategic partnership. The duo will collaborate to establish cooperative opportunities and strategic…

NayaPay, a Pakistan-based financial platform, has partnered with Alipay+, a cross-border digital payments and marketing platform operated by Ant International, to boost global payments into Pakistan.

In a continued effort to equip investors with real-time, relevant data, HashKey Capital and FTSE Russell, an LSEG business, have introduced a suite of digital asset indices designed for investors seeking to add exposure to cryptocurrencies in their investment strategies.

Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the open metaverse, has partnered Australian gaming firm iCandy Interactive Limited (iCandy) to unveil ‘Snaky Cat’ on Base, L2 incubated by Coinbase.

“We see promising secular growth opportunities in India and ASEAN, riding on the structural tailwinds from strong foreign and domestic private investments, young demographics, the technology boom, and green transformation," James Cheo, Chief Investment Officer, Southeast Asia and India, Global Private Banking and Wealth, HSBC said.

Darewise Entertainment (Darewise), a subsidiary of Animoca Brands and the company behind Life Beyond, and Animoca Brands Japan announced Monday a collaboration with Honda Motor Co., Ltd (Honda) to co-develop transportation and vehicle-related gameplay in Life Beyond, the upcoming AAA science fiction destination.

Amazon Web Services (AWS) has on Friday announced its plans to invest 2.26 trillion yen ($15.25 billion) into its existing cloud infrastructure in Tokyo and Osaka by 2027 to meet growing customer demand for cloud services in Japan.

FinAGG Technologies, an India-based fintech firm, has successfully raised $11 million in its Series A funding round. This financing was co-led by global impact investment manager BlueOrchard and Tata Capital Limited, with participation from the Small Industries Development Bank of India (SIDBI) and existing investor Prime Venture Partners.

Alt Mobility, an India-based technology-enabled electric vehicle (EV) leasing and lifecycle management platform, has announced that it has raised $6 million in funding. The funding is co-led by Shell Ventures, Eurazeo, EV2 Ventures and Twynam.