Asia

PhableCare, an India-based chronic disease management company, said Monday it has raised Series B funding of INR187 crores ($25 million) led by Kalaari Capital with participation from Aflac Ventures, Digital Horizon, Stride Ventures. Existing investors, Omron Ventures, SOSV, Social Starts, and Fresco Capital also participated in the round.

Hmlet,a Singapore-based flexible living company, said Tuesday it is merging with Habyt, a European co-living player, to create a global company catering to the fast-growing flexible living sector. The combined group will have a presence in 10 countries and 20 cities.

SoftBank Vision Fund 2 has led the $125 milllion Series C funding in Observe.AI, an United State-based intelligent workforce platform that transforms contact centers through artificial intelligence (AI). The round also saw the participation from Zoom Video Communications, Inc, Menlo Ventures, Nexus Ventures, Scale Ventures, Emergent Ventures, NGP Capital,…

Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the metaverse, announced Monday it has completed the acquisition of 100 percent of the issued capital of French racing game developer Eden Games S.A.S. from Engine Gaming & Media. Animoca Brands will leverage the expertise and capabilities of Eden Games to work…

This year, the EY organization announced the continued expansion of the EY Foundry startup incubator program into Cambodia, Guam, Thailand and Vietnam.

Instoried, an artificial intelligence (AI)-based writer assistance tool in India, said Thursday it has secured a capital commitment of $200 million from Global Emerging Markets Group (GEM), an alternative investment group with operations in Paris, New York, and the Bahamas, ahead of its listing plan.

Peeba, the online business to business (B2B) wholesale platform in Hong Kong, said Thursday it has secured $4.2 million in seed funding led by Headline Ventures.The company will use the funds to deepen its localization efforts across 11 Asia Pacific (APAC) countries, as well as to further build out the machine learning technologies underlying its platform.

Hong Kong-based investment firm Newman Capital announced Wednesday the launch of its $50 million investment fund to help cutting-edge traditional businesses to strengthen their position in the ever-growing Web3 world. The fund is on the mission to accelerate the Web3 adoption, especially in the traditional business world, focusing on Asia.

AnyMind Group, an end-to-end commerce enablement company in Japan, announced Wednesday the launch of AnyX, a one-stop e-commerce management platform for individuals and businesses that connects various e-commerce channels and AnyMind Group’s various platforms for manufacturing, e-commerce enablement, conversational commerce, marketing and logistics.