Asia

Japan’s GMO Financial Gate invests in Malaysia’s FinTech firm Soft Space

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…

India’s Ultrahuman raises $35M in equity and debt investment to accelerate growth

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.

India’s Pocket FM raises $103M in Series D funding led by Lightspeed

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.

Vietnam’s VinFast inks deal with Guam AutoSpot to distribute EVs in Micronesia

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.

UAE’s Eesee receives strategic investment from Animoca Brands

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

BEYOND Expo & Asian Family Legacy Foundation to co-host exclusive Wealth Summit on May 24, 2024, part Of BEYOND Expo 2024

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

Country Builders Bank partners India’s fintech firm Kiya.ai to advance banking infrastructure

Country Builders Bank, Inc. (CBB), a rural bank in the Philippines, has on Monday announced its strategic collaboration with Kiya.ai, a fintech firm based in India, to advance its banking infrastructure.

India’s Jumbotail raises $18.2M in Series C3 equity round led by Artal Asia

Jumbotail, an India-based business to business (B2B) marketplace and new retail platform for food and grocery, has raised INR 151 crore ($18.2 miilion) equity capital in Series C3 equity funding round led by Artal Asia Pte. Ltd. (Artal).

Japan’s EMURGO invests in NFT and asset tokenization provider NMKR

EMURGO, a Singapore blockchain technology company that provides products and services to drive the adoption of the Cardano blockchain’s Web3 ecosystem, has on Monday announced a strategic investment in NMKR, a Cardano-based non-fungible token (NFT) and tokenization service provider.

Japan’s Sumitomo Life completes Singlife acquisition

Singapore insurer Singapore Life Holdings Pte Ltd (Singlife) announced Monday that it has become a fully owned subsidiary of Japan-based Sumitomo Life Insurance Company (Sumitomo Life).