Asia
India’s Ecofy raises $10.83M funding from FMO to support expansion
Ecofy, India's green-only non-banking financial company (NBFC) dedicated to addressing the last mile climate finance gap in the Indian consumer and small business sector, has secured an investment of INR 900 million ($10.83 million) from FMO, the Dutch Entrepreneurial development bank.
Malaysia’s Khazanah in talks to lead Softbank-backed OYO Hotel’s $400M fund raise – report
Talks are still ongoing and Khazanah can still decide to not invest, Bloomberg reported.
Malaysia inks deal with UAE to build data centers in Malaysia
Malaysia and the United Arab Emirates (UAE) have signed a Memorandum of Understanding (MoU) on Thursday, marking a strategic partnership on the development of data centers in Malaysia, with potential projects anticipated to achieve a total capacity of 500 megawatts.
Hong Kong’s Qupital secures series B2 funding to fuel market expansion and product innovation
Qupital, a Hong Kong-based data-driven financing platform for small and medium-sized enterprises (SMEs) in the new economy, has on Thursday announced its new Series B2 financing round funded by a consortium of new and existing investors from Hong Kong and Southeast Asia.
PepsiCo launches second APAC Greenhouse Accelerator Program to accelerate climate-positive solutions development
American multinational food, snack, and beverage corporation PepsiCo has on Thursday announced the launch of the second Greenhouse Accelerator program in the Asia Pacific (APAC) region. The firm is looking to supporting entrepreneurs who are developing innovative solutions in sustainable agriculture, climate action, and the circular economy.
Innoven Capital announces first close of second China fund at $130M
InnoVen Capital, an Asian provider of venture debt for high growth, venture-backed technology companies, has unveiled the launch of its second China fund — InnoVen China Fund II, a USD-RMB Dual Currency Fund. The fund targets a total size of $250 million, and an initial close of approximately $130 million has been completed.
HashKey Exchange partners Animoca Brands to elevate digital entertainment and Web3 ecosystem in Asia
HashKey Exchange, the licensed virtual asset exchange in Hong Kong, and Animoca Brands, the company advancing digital property rights for gaming and the metaverse, have on Tuesday announced the execution of a memorandum of understanding (MoU) for a strategic partnership. The duo will collaborate to establish cooperative opportunities and strategic…
NayaPay partners Alipay+ to boost global payments into Pakistan
NayaPay, a Pakistan-based financial platform, has partnered with Alipay+, a cross-border digital payments and marketing platform operated by Ant International, to boost global payments into Pakistan.
HashKey Capital and FTSE Russell collaborate to launch three custom indices to track digital assets worldwide
In a continued effort to equip investors with real-time, relevant data, HashKey Capital and FTSE Russell, an LSEG business, have introduced a suite of digital asset indices designed for investors seeking to add exposure to cryptocurrencies in their investment strategies.
Animoca Brands partners iCandy for ‘Snaky Cat’ launch
Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the open metaverse, has partnered Australian gaming firm iCandy Interactive Limited (iCandy) to unveil ‘Snaky Cat’ on Base, L2 incubated by Coinbase.
