Asia

Ant Group, Mastercard, e-wallets launch International Consumer Friendly Zones program in Shanghai to drive inbound tourism to China

Ant Group and Mastercard, along with 12 overseas payment partners of Alipay+ and other major international card organizations, have launched the International Consumer Friendly Zones program in Shanghai.

India’s Infra.Market secures additional $50M in financing from Mars Unicorn Fund

Infra.Market, an India-based tech construction material solutions company, has secured an additional $50 million in financing from MARS Unicorn Fund, a joint venture from Israel-based asset manager Liquidity Group and Japan-based financial group MUFG.

ADB doubles climate financing as transactions hit new high

The Asian Development Bank (ADB) said Thursday it doubled to $1 billion the amount of climate financing from its private sector operations in 2023, with 75 percent of its projects including climate-related funding.

India’s Turno secures $6M in Series-A extension funding round co-led by British International Investment, Quona Capital

Turno, an India-based electric vehicle (EV) distribution and financing company, has raised $6 million as an extension to its Series-A funding. The round was co- led by British International Investment (BII), the United Kingdom’s development finance institution and impact investor, Quona Capital, Stellaris Venture Partners and B Capital.

Singapore fintech firm Aspire enters Hong Kong, positioned for further growth across Asia

Aspire, a finance platform headquartered in Singapore, has on Wednesday announced that the company has successfully obtained a money service operator (MSO) license issued by the Hong Kong Customs and Excise Department.

MyAnimeList, Animoca Brands Japan, San FranTokyo to be launch partners of Anime Foundation

Animoca Brands, Animoca Brands Japan, San FranTokyo, and MyAnimeList announced Tuesday that they are launch partners of Anime Foundation, a community-owned cultural protocol for anime and manga spanning both Web2 and Web3.

South Korea’s CHEQUER closes strategic investment at $27.82M

CHEQUER Inc., the South Korea-based innovative developer behind the cloud security solution 'QueryPie', has on Monday announced the successful closure of its strategic investment round, joining Shinhan Venture Investment, raising a total of $27.82 million.

Gaw Capital Partners expands data center portfolio with acquisition in Fuchu Intelligent Park, Japan

Hong Kong-based real estate private equity firm Gaw Capital Partners announced Monday that the firm, through a fund under its management, has acquired a property located in Fuchu Intelligent Park, Fuchu City, Japan.

India’s Zypp Electric raises $15M in Series C funding led by ENEOS

Zypp Electric, an India-based tech-enabled electric vehicle (EV)-as-a-service platform, has announced the successful kick-off of its Series C funding round, raising $15 million. This round was led by Japanese major ENEOS.

[BEYOND Expo 2024] Global innovators gather at BEYOND Expo 2024 opening ceremony to discuss the future of technology

The ceremony brought together global leaders in technological innovation under the theme "What's Next?", delivering profound insights and unique perspectives to kick off this tech event of the year.