Asia

Emergent Entertainment partners Animoca Brands to advance development of blockchain game Resurgence

United Kingdom-based metaverse and blockchain games studio Emergent Entertainment (Emergent) has partnered Hong Kong-based gaming firm Animoca Brands to to advance development of Resurgence, the upcoming survival MMORPG.

India’s JSW One Platforms raises $25M in Series A funding round from Japan’s Mitsui

JSW One Platforms, the business to business (B2B) e-commerce venture of Indian conglomerate JSW Group, has raised INR 205 Crores ($25 million) from Japanese investor Mitsui & Co., Ltd in a series A funding round.

EY : Global IPO proceeds down 61 percent to $21.5B in 1Q

Global IPO market registered a total of 299 IPOs raising $21.5 billion in the first quarter of 2023, an 8 percent and 61 percent decrease year-over-year, respectively, said Ernst & Young (EY) on Monday.

2023 VinFuture InnovaTalk series: applying new technologies to increase agriculture production while reducing post-harvest losses

The VinFuture Foundation's launch of the 2023 InnovaTalk series on agriculture has highlighted the potential for new technologies to revolutionize the industry.

Indian e-mobility startup Magenta Mobility raises $22M from bp and Morgan Stanley India Infrastructure

Indian e-mobility firm Magenta Mobility has secured $22 million equity investment from bp ventures, the venture capital arm of United Kingdom-based oil and gas firm bp, and Morgan Stanley India Infrastructure, the Indian infrastructure arm managed by the United States-based investment bank Morgan Stanley.

Amazon India and Ministry of Information & Broadcasting join hands to boost India’s creative economy

Amazon India has on Wednesday announced that it has signed a letter of engagement (LoE) with the Ministry of Information and Broadcasting (MIB), government of India, with an objective of growing India’s creative economy.

Singapore’s agritech firm Archisen eyes expansion to cities in APAC & Middle East while expanding capacity at home market [Q&A]

In just a short span of six years, Archisen’s 7,000 sq ft farm has grown to account for the production of about 1 percent of leafy vegetables grown locally by producing up to 100 tonnes of vegetables a year.

India’s DMI Finance raises $400M equity investment led by Mitsubishi UFJ Financial Group

Indian fintech firm DMI Finance Private Limited has on Tuesday announced the closure of a $400 million equity investment round led by Mitsubishi UFJ Financial Group, Inc. through its consolidated subsidiary MUFG Bank, Ltd (MUFG).

Malaysia secures $38.4B worth of investment commitments from China, PM Anwar says

Other MOUs sealed were between Digital Way Group Sdn Bhd, China Silk Road Group Ltd and China Kairous Capital to jointly establish a Malaysia-China digital and development fund in China and Malaysia.

Hong Kong Web3 Festival 2023 to take place on April 12-15

Co-hosted by Wanxiang Blockchain Labs and HashKey Group, and organized by W3ME, the Hong Kong Web3 Festival 2023 will take place from April 12 to 15.