Asia

Gogoro, goshare, gostation, OmniGo

Indonesia’s Gojek and Taiwan’s Gogoro to deploy battery swapping and two-wheel electric vehicle pilot in Jakarta

Gojek and Gogoro have announced a strategic partnership to deploy a battery swapping and two-wheel electric vehicle pilot in Jakarta. The pilot program will consist 250 Gogoro Smartscooters and four GoStation battery swapping stations that will be located at Pertamina gas stations. Both companies plan to scale up the pilot to 5,000 scooters and more battery…

Hong Kong-based gaming platform The Sandbox raises $93M funding led by SoftBank to grow its open NFT metaverse

The investment will enable the company team to scale the platform’s growth as a prime entertainment destination where brands, IPs, and celebrities can engage with their fans through virtual experiences including games, live performances, and social experiences.

Taiwan’s ProLogium Technology secures $326 million to expand global electric vehicle battery production capacity

The funds will be deployed to expand production capacity in Asia, Europe, and the US between 2023 and 2025 to supply the local demands of the major OEMs with high-quality EV batteries. This will accelerate the provision of SSB solutions for ProLogium's EV strategic partners.

India hyperlocal e-commerce platform LoveLocal raises $18M pre-Series B round led by Vulcan Capital

LoveLocal's Pre-Series B marks the largest round ever raised by a solo woman tech founder in India. This represents a huge step forward in the Indian startup ecosystem and comes at a time when less than 1 percent of Indian venture capital deals are invested in women-only-led companies. Moreover, the country is grappling with a sharply declining female labor…

UK AdTech Admix raises $25M Series B for APAC expansion, looks to scale as the content monetization layer for the metaverse

The funding will be used to scale up its In-Play solution worldwide and establish the company as the content monetization layer for the metaverse

India neobank Zolve closes $40M Series A funding round at a valuation of $210M, will scale financial services for US-bound immgrants

With these additional funds, Zolve intends to enhance the user experience for global citizens, allowing them to open their U.S. accounts in minutes. Moreover, the funds will help speed expansion of the service to more nationalities, increasing the number of people who can start building their financial futures from the moment they arrive in the U.S.…

India education infrastructure startup Teachmint plans international expansion with $78M Series B led by Rocketship.vc and Vulcan Capital

Teachmint will use this fresh infusion of funds to further strengthen its proprietary classroom technology as well as to expand into international markets. To accelerate growth, Teachmint will also extensively focus on growing its teams and hiring skilled talent, especially across product, technology, and design.

White Star Capital raises $360M for third fund, will open an office in Singapore

White Star Capital has secured $360 million for its third flagship fund, above its original target of $300 million, to invest in exceptional entrepreneurs building ambitious, global businesses.

Emerging Vision to grow further in India & US as online ‘fortune-telling’ services soar amid pandemic

The firm is also expected to rake in revenue of more than $6 million this year as demand for its astrology, tarot card reading services gained popularity.

India FinTech SaaS firm Clear raises $75M Series C to accelerate B2B and international expansion

The funds will be used to accelerate Clear’s expansion into Business to Business (B2B) credit and payments plus expansion into international markets.