Asia

India’s Lokal raises $14.6M Series B funding for new product launch

Lokal, India's hyperlocal content, community, and classified platform, announced Tuesday it has raised INR 120 Crore ($14.6 million) in Series B funding. The funding came from new investors Global Brain and Sony Innovation Fund, with participation from India Quotient and other existing investors.

Japan’s Luup raises $33.55M new funding led by Spiral Capital

Japanese micromobility company Luup, Inc. has raised a total of approximately 4.5 billion yen ($33.55 million), bringing its total capital raised to date to approximately 9.1 billion yen ($67.85 million).

SKS Capital invests in South Korean health and beauty brands aggregator Grace

China headquartered private equity firm SKS Capital has announced its strategic investment in Grace, South Korea's largest aggregator of international health and beauty brands. SKS Capital is the lead investor in Grace Series B funding with $5 million.

India’s Mesa School of Business raises $4.1M from Elevation Capital, other prominent angel investors

With an aim to build India’s first business school focused on creating startup leaders, Indian education services provider Mesa School of Business (Mesa), has raised INR 34 Crores ($4.1 milllion) from Elevation Capital and notable angel investors.

United States’ Nextiva acquires Indian AI company Simplify360

Nextiva, the United States-based conversation platform, has on Wednesday announced its acquisition of Simplify360, an artificial intelligence (AI) customer experience platform based in India.

Alipay+ E-Wallet partnerships power iQIYI’s fast asia expansion

Popular Asian e-wallets are helping iQIYI, a China-based international streaming platform, accelerate its expansion through Alipay+ to help digital and entertainment (D&E) platforms reach young middle-class consumers looking for quality online video content.

Airwallex launches global payments in Canada further building on expansion in Americas

Australia-based FinTech firm Airwallex has on Wednesday announced the launch of its global payments services in Canada.

Gogoro partners Enel X to deploy 2,500 battery swapping stations in Taiwan

Taiwan-based battery swapping system provider Gogoro Inc. has partnered Italy-based energy services firm Enel X to deploy 2,500 Gogoro battery swapping stations across 1,000 locations in Enel X's Virtual Power Plant (VPP) to support Taiwan's renewable energy transition.

Australia’s Saluda Medical closes $150M equity financing led by Wellington Management

Saluda Medical Inc., an Australia-based global medical device company, has announced the closing of a $150 million equity financing round led by new investor Wellington Management.

India’s BetterPlace acquires Malaysian flexi-talent solutions platform TROOPERS

BetterPlace, an India-based frontline workforce management software as a service (SaaS) platform, has on Monday announced the acquisition of TROOPERS, a Malaysia-based flexi talent solutions technology player.