Asia

Japanese multinational investment holding firm SoftBank Group Corp. and American robotics warehouse automation company Symbotic Inc., have on Monday announced the establishment of GreenBox Systems LLC (GreenBox), a new joint venture to address the more than $500 billion annual warehouse-as-a-service market opportunity.

The meeting with the commerce minister would be the highest level discussions between Tesla and the India government since June when Tesla founder Elon Musk met India's Prime Minister Narendra Modi and said he intended to make a significant investment in the country, according to Reuters.

Swiggy, India’s on-demand convenience platform, has on Monday announced the second milestone in its committed two-year employee stock ownership plan (ESOP) liquidity program. As part of this planned two-year ESOP liquidity program, Swiggy employees will have the option to receive liquidity totalling up to $50 million against their ESOPs.

Japanese energy firm JERA Co., Inc. (JERA) has initiated corporate venture capital activities with the aim of accelerating innovation in the energy domain and generating new business opportunities. The firm will make strategic investments totaling $300 million in start-up companies that have leading-edge technologies or business concepts and in venture…

o9 Solutions, an India-based enterprise artificial intelligence (AI) software platform provider has on Wednesday announced that its existing investors, led by General Atlantic’s BeyondNetZero, have invested an additional $116 million in the company.

South Korean bank Shinhan Bank, Siam Commercial Bank's technology innovation business unit SCB TechX, and the largest financial institution in Taiwan have on Tuesday announced the successful completion of a stablecoin remittance proof-of-concept (PoC) pilot.

MUSINSA, an online fashion platform in South Korea, has raised $190 million in Series C fundraise led by KKR, a global investment firm. The round also saw participation from Wellington Management, one of the world’s largest independent investment management firms.

The Sandbox, a decentralized gaming virtual world and subsidiary of Animoca Brands, has been selected as the platform to build the first Web3 experience for McDonald’s Hong Kong.

PingSafe, an India-based cloud-native application protection platform (CNAPP) platform powered by attacker intelligence, has on Thursday announced its emergence from stealth mode with $3.3 million in seed funding. The funding round was led by Sequoia Capital India & Southeast Asia's (now known as Peak XV Partners) Surge.

P0x labs, the cryptographic development team building Manta Network, has on Thursday announced its $25 million Series A funding, led by Polychain Capital and Qiming Venture Partners, bringing its valuation to $500 million.