Asia

Hong Kong’s HashKey raises nearly $100M in Series A financing round to accelerate product diversification

HashKey Group (HashKey), an end-to-end digital asset financial services group based in Hong Kong, has announced the completion of a Series A financing round of nearly $100 million at a pre-money valuation above $1.2 billion.

South Korea maps out $470B plan to build chipmaking hub – report

The government on Monday outlined a blueprint involving investment of 622 trillion won from the private sector in the years leading up to 2047.

India’s Upekkha launches $40M fund with lead investment from WestBridge Capital

Upekkha, an India-based software as a service (SaaS) fund and accelerator, announced Thursday that it has completed the first close ($15 million) of its $40 million Upekkha fund. The funding is led by WestBridge Capital.

Gruhas joins hands with Collective Artists Network to create consumer fund

India-focused venture capital fund Gruhas has joined hands with new age media leader Collective Artists Network to create the Gruhas Collective Consumer Fund an initial investment fund of 150 Crore rupees ($18.29 million), dedicated to fostering innovative consumer brands.

India’s Grip Invest secures $10M in Series B funding led by Stride Ventures

Grip Invest, a direct to consumer (D2C) investment platform for retail investors, has raised $10 million in a Series B funding. The round consisted of $8.5 million via fresh equity and convertible note as well as $1.5 million in venture debt.

India’s Paytm parent firm to invest $12M in GIFT City to build global financial ecosystem

One97 Communications Limited (OCL) that owns the brand Paytm, has on Wednesday announced an investment of Rs 100 crore ($12 million) in Gujarat International Finance Tec-City (GIFT City) to build a global financial ecosystem in Gandhinagar in India.

Taiwanese blockchain firm Numbers Protocol launches project to help Taiwan media fight disinformation in upcoming election

Taiwan-based blockchain content verification company Numbers Protocol has announced a project to ensure the public has access to reliable and credible news for the upcoming presidential election on Jan 13. This will be achieved through the implementation of a decentralized blockchain-based verification platform for digital media content and partnerships…

US’s SentinelOne acquires India’s PingSafe to expand cloud security capabilities

SentinelOne, a United States-based leader in artificial intelligence (AI)-powered security, has recently announced that it has agreed to acquire PingSafe, an India-based unified cloud security platform.

Open Campus Accelerator to deploy a $10M fund to onboard 100 education start-ups into the Open Campus ecosystem

Open Campus has on Monday announced that the Open Campus Accelerator (OC-X) will deploy a $10 million fund to drive the onboarding of a further 100 education start-ups into the Open Campus Alliance and Open Campus ID, enriching the variety and scope of the Open Campus ecosystem's educational offerings and learner base.