Asia
Indian data insights start-up Synaptic raises $20M Series B funding from Valor Equity Partners
Synaptic, an India-based alternative data insights start-up, announced Tuesday the successful closure of $20 million in Series B funding round led by Valor Equity Partners. With the funding, Synaptic will continue to invest in product innovations, double down on its data science capabilities, partnerships with data vendors, and expand its go-to-market teams…
iFarmer raises $2.1 M in Bangladesh’s largest Agritech Funding from IDLC Ventures and Millville Opportunities
Launched in 2019, iFarmer is Bangladesh’s largest AgriTech company, offering comprehensive solutions for farmers, agricultural input sellers, and buyers, including retailers, processing companies, and wholesale markets. iFarmer works closely with farmers to improve production, harvest predictability, and streamlining agricultural supply chains through the…
Inventus India launches $120M fund, rebrands to Athera Venture Partners
Inventus India, an early stage venture capital firm, announced Thursday the launch of its fourth fund with a target corpus of Rs900 crores ($120 million). The firm also announced its rebranding as Athera Venture Partners.
The Sandbox acquires Uruguayan technology firm Cualit to accelerate Web3 development and metaverse growth
The Sandbox, a decentralized gaming virtual world and a subsidiary of Animoca Brands, announced Thursday it has acquired the Uruguayan company Cualit, a full-stack development technology firm experienced in gaming, to boost its Web3 and blockchain innovation and development capabilities. Cualit will become The Sandbox Uruguay, expanding The Sandbox global…
Singapore money transfer firm Nium secures license to expand payment services to Malaysia
Nium, a Singapore-based platform for modern money movement, announced Thursday the availability of real-time payments into Malaysia, further strengthening the company’s real-time payments capabilities across the globe. With the addition of Malaysia, it now processes over 75 percent of transactions globally in real-time, and increases its total real-time…
World’s first metaverse music label 0x0 launches in Taiwan
With the world hopping onto the non-fungible token (NFT) craze, Taiwan has taken the lead with the launch of 0x0, the world’s first metaverse music label. Created by a group of music enthusiasts, the artists that 0x0 represents exist in the form of NFT characters, putting out music and MVs with the characters as their identities. This maximizes the…
Singapore’s Oddle raises $5M in Pre-Series B funding
Funds from this bridge round will power product development and regional market expansion in Singapore, Malaysia, Taiwan and Hong Kong.
Japan’s SBI, South Korea’s Kyobo & NTU Singapore to raise $75M venture fund
The fund aims to accelerate digital transformation in Southeast Asia and South Asia through the combined operational expertise, regional go-to-market connections and extensive industry network across the three general partners.
Singapore’s Jungle Ventures closes a $600 million fund, AUM crosses $1B
This brings their total Assets Under Management (AUM) to over $1 billion.
Singapore’s Volopay partners with Visa to offer financial management solutions in Australia
Volopay, a Singapore-based corporate cards and payable management fintech firm backed by Y-Combinator, announced Thursday it has signed a partnership with Visa to be part of Visa’s Fintech Fast Track Program which will significantly expand Volopay’s offering of financial management solutions in the Australian market.
