Asia

Singapore-based real estate investment firm CapitaLand Investment Limited (CLI) has launched a business park development fund, CapitaLand India Growth Fund 2 (CIGF2), with a target fund size of SGD 525 million ($390.04 milion) to invest in Grade A business parks in prime locations across gateway cities in India.

Credgenics, an India-based software as a service (SaaS) based debt collections and resolution technology platform, has raised $50 million in a Series B funding round. The funding was led by Westbridge Capital, Accel, Tanglin Ventures, Beams Fintech Fund and other strategic investors.

BlackRock has targeted NZD 2 billion ($1.21 billion) for climate infrastructure strategy to support New Zealand’s net zero goals. The firm plans to launch a New Zealand-focused strategy, via its Climate Infrastructure franchise, that will provide a platform through which institutional investors can invest in New Zealand’s transition to a low-carbon……

Disprz, an India-based enterprise software as a service (SaaS) learning and skilling platform, announced Monday that it has raised $30 million in its Series C funding round. The round was led by Lumos Capital Group and 360 ONE Asset (IIFL) with participation from Kae Capital, KOIS and Dallas Venture Capital.

OKX Ventures, the investment arm of global crypto exchange and innovative Web3 company OKX, has announced a $1 million investment in Moonbox, an artificial intelligence (AI) technology and Web3-focused start-up based in Hong Kong.

HashKey Exchange, a Hong Kong Securities and Futures Commission (SFC) licensed virtual asset exchange, has officially announced the upgrade of Type 1 and Type 7 licenses, marking the first licensed trading platform in Hong Kong to offer retail services.

Canadian chip startup Tenstorrent has announced that it has closed a $100 million strategic financing up-round led by Hyundai Motor Group and Samsung Catalyst Fund. The round also saw participation from Fidelity Ventures, Eclipse Ventures, Epiq Capital, Maverick Capital, and more.

Singaporean state investor Temasek will invest INR 1,200 crore ($145.02 million) into Indian automaker Mahindra & Mahindra Ltd's electric vehicle (EV) unit for up to 3 percent stake.

Pan-Asian venture capital firm Gobi Partners has bolstered its HealthTech portfolio with an aggregate investment of $11.8 million, spreading across 12 dynamic startups within China's Greater Bay Area (GBA) and Southeast Asia - or ‘Greater Bay ASEAN’.

Australian clean energy company MGA Thermal, has secured $8.25 million in funding as it prepares to scale its long-duration energy storage (LDES) solution. The fundraising effort attracted strong support from existing investors, including Main Sequence, Varley Holdings, Melt Ventures and New Zealand’s Climate Venture Capital Fund.