Asia

India’s Scapia raises $23M in Series A round led by Elevation Capital and 3STATE Ventures

Scapia, the India-based fintech company, has raised $23 million in its Series-A funding round, led by Elevation Capital and 3STATE Ventures. The round also saw participation from its existing investors, Matrix Partners India and Tanglin Venture Partners.

Hong Kong’s Klook supercharges innovation at scale with generative AI from Google Cloud

Google Cloud and Klook, Hong Kong's platform for experiences and travel services, have on Wednesday announced a collaboration to amplify Klook’s activity content and customer engagement channels with generative artificial intelligence (AI) from Google Cloud.

Wavemaker Partners leads $1.5M seed+ funding round for premier Indian faith-tech start-up VAMA

Wavemaker Partners, an early-stage venture capital firm based in Singapore, has led the seed+ funding round for premier Indian faith-tech start-up VAMA.app. Wavemaker Partners investment amounting to $1.1 million, marks its first in an India-incorporated tech company.

Animoca Brands partners Ubisoft’s Strategic Innovation Lab to support Web3 initiatives on Mocaverse

Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the open metaverse, has on Tuesday announced that it will collaborate with Ubisoft’s Strategic Innovation Lab to support its Web3 initiatives on Mocaverse, the marquee membership project by Animoca Brands.

New Zealand Kiwifruit brand Zespri launches $2M annual fund to accelerate sustainable innovation

New Zealand Kiwifruit brand Zespri has launched $2 million annual fund to accelerate sustainable innovation. Zespri said in a statement on Tuesday that the firm is establishing a new innovation funding initiative, known as ZAG.

Singapore’s Nium partners South Korea’s Jeonbuk Bank to launch global remittance service

Nium, the Singapore-based real-time global payments, and Jeonbuk Bank (JB Bank), a South Korean financial institution, have announced a partnership on global remittance service. Under the partnership, the duo will offer the global remittance service targeted at the 2.5 million non-Korean residents that live in South Korea.

JazzCash and Fatima Gobi Ventures team up to boost startups in Pakistan

Pakistan-based FinTech platform JazzCash and Pakistan’s venture capital (VC) company Fatima Gobi Ventures (FGV) have announced a strategic partnership that is poised to have a massive impact on advancing the growth of startups and budding businesses in the country.

Binance Labs invests in $ARKM token to support on-chain insights at scale across the blockchain ecosystem

Binance Labs, the venture capital and incubation arm of Binance has invested in $ARKM, the native token of Arkham. Binance Labs said in a statement on Wednesday that Arkham is an artificial intelligence (AI)-powered blockchain intelligence and data platform that provides granular information and visualization tools for on-chain activity.

Animoca Brands, Amazon Web Services, Polygon Labs team up to accelerate Web3 startup development through Mocaverse

Hong Kong-based game software firm Animoca Brands, Amazon cloud computing platform Amazon Web Services (AWS), and United States-based software solutions provider Polygon Labs have on Thursday announced MoonRealm Express Accelerator, a strategic collaboration to support Web3 builders around the world and accelerate the development of Web3 products and…