Asia

Malaysia-based clean energy solutions company Gentari has officially rebranded leading renewable energy solutions provider WIRSOL Energy on Tuesday, following the completion of its full acquisition in February 2023. With the rebranding, WIRSOL Energy will now be known as Gentari Solar Australia.

K12 Techno Services Private Limited (K12 Techno), a an education and technology services provider in India, has on Thursday announced an investment from Kedaara Capital, for a significant minority stake in the company.

Cultos Global, a web3 venture headquartered in Dubai, has successfully secured an undisclosed sum in their ongoing funding round. The funds raised will primarily bolster the expansion of Cultos Global's product and engineering teams across the UAE and India as well as expanding its platform development by introducing several new innovative functionalities.

Panmnesia, a South Korea-based fabless semiconductor company focused on CXL (Compute Express Link) technology, has on Friday announced its successful completion of a seed funding round amassing $12.5 million.

Kae Capital, an early-stage investing firm in India, has closed its Winners Fund II (KWF II), raising $50 million. Through KWF II, Kae is targeting to invest in 20 companies.

Hong Kong-based virtual insurer OneDegree has on Wednesday announced that it has provided its OneInfinity digital asset insurance to Rakkar Digital, an Asian digital asset custody service provider, including directors and officers and wallet insurance.

Darewise Entertainment, a subsidiary of Animoca Brands and the visionary force behind the Life Beyond Gaming Metaverse, announced today a strategic engagement with Horizen Labs for technical token, development, and consulting services.

IFC's projects in Pakistan aim to provide much needed jobs, increase productivity in the private sector, enhance gender inclusion, and address the impacts of climate change.

The funds will be allocated to automation of operations, research, and development in Artificial Intelligence (AI) and Machine Learning, and market expansion into the Southeast Asia (SEA) region.

Tencent Cloud’s inaugural Web3 product is now live in the availability zones of Hong Kong and Singapore, serving customers worldwide.