Asia
Superbank, Genesis Alternative Ventures launch $39.38M financing solution for innovative Indonesian startups
PT Super Bank Indonesia (Superbank) and Genesis Alternative Ventures (Genesis), Singapore-based venture lender, have launched a financing solution, with both entities committing up to IDR 600 billion ($39.38 million) to back innovative Indonesian startups.
India’s PhonePe launches stock broking platform Share(dot)Market
Indian digital payments and financial services company PhonePe, has on Wednesday announced its foray into stock broking with Share(dot)Market, under its subsidiary PhonePe Wealth Broking Pvt. Ltd. Share(dot)Market elevates discount broking by providing market intelligence, quantitative research-based WealthBaskets, a scalable technology platform, and great…
Malaysia’s iPrice launches price comparison platform in Australia
IPrice Group, a Malaysia-based e-commerce technology company, has launched its price comparison platform in Australia. With the launch of iPrice.au, iPrice stands apart in the Australian market with its unique ability to compare and curate offers at the same scale that has led to their dominance across Southeast Asia (SEA).
Online wholesale marketplace Markato launched in Hong Kong
Markato, an online wholesale marketplace for independent retailers and buyers in Asia, has on Tuesday announced its official debut in Asia, launching first in Hong Kong. Markato will expand its footprint across the region beginning with Singapore in the coming months, to unlock the Southeast Asia hub’s B2B wholesale and retail opportunity.
India’s SatSure raises $15M in Series A round led by Baring Private Equity Partners, India and Promus Ventures
SatSure, an India-based satellite Earth observation data and analytics firm, has closed a Series A round of $15 million in equity capital and venture debt. The round has been led by Baring Private Equity Partners (BPEP), India and Promus Ventures, with participation from Omidyar Network India, and xto10X.
PriyoShop’s Dipty Mandal on providing digital solutions for traditional retail [ORIGIN Innovation Awards Q&A]
"PriyoShop aims to create a perfect ecosystem for MSMEs by solving their end-to-end problems in terms of the supply chain, finance, managing their SKUs, and credit profiling. We are also going to launch a fintech solution called BNPL (buy now pay later) in collaboration with financial institutions to solve MSMEs' financial problems that will ensure their…
Online grocery firm Zepto raises $200M at $1.4B valuation, emerges as Indian first unicorn this year
Founded in July 2021, Zepto plans to go public in the next two to three years.
Binance Labs invests in Pendle Finance to scale DeFi yield opportunities and drive adoption for LSDfi
Binance Labs, the venture capital and incubation arm of Binance, has invested in Pendle Finance, a DeFi protocol that enables the tokenization and trading of yield. The investment emphasizes Binance Labs’ commitment to supporting promising projects that will shape the next generation of DeFi primitives, and enable Pendle Finance to extend their reach across…
US’s Axiom Space secures $350M in Series-C round led by Saudi and South Korean investors
Axiom Space has on Monday announced that it has secured $350 million in its Series-C round of growth funding, lifting the total funds raised to over $505 million from investors and achieving more than $2.2 billion in customer contracts. Investments, led by Aljazira Capital and Boryung, will fuel continued growth for Houston-based space company building…
