Asia

Spark, Peak XV’s fellowship for female founders, has announced their latest cohort with 14 companies and 16 female founders. This cohort includes four companies building AI solutions in travel, fraud detection, wholesale trade and ecommerce.

Yulu, India’s largest shared electric two-wheelermobility company, has on Friday announced the successful equity infusion of $19.25 million in its business. The funds have been raised via further issuance of shares to Yulu’s existing strategic investors Magna and Bajaj Auto Ltd.

For global companies, rising economies represent an enormous growth opportunity, especially for digital businesses. Digital industries across the world have reached a plateau, with high levels of competition and user penetration.

Varaha, an India-based full-stack climate-tech company that specializes in generating carbon credits from nature, has on Thursday announced it has raised $ 8.7 million. The Series A funding round is led by RTP Global with contributions from Omnivore and Orios – both returning investors – and marks the inaugural investment by Norinchukin Bank, one of Japan's…

South Korea's green energy firm InnoCSR has secured a substantial investment for its technology, Good Bricks System, through a successful Series A funding round. This new investment comes from ADB Ventures, along with support from Singapore-based Garden Impact Fund and Clarion Newlife Capital.

Vietnamese automaker VinFast Auto announced Wednesday that it will break ground at its integrated electric vehicle (EV) manufacturing site in Thoothukudi City, Tamil Nadu on Sunday (February 25), with a commitment of $500 million for the first phase.

PriyoShop, Bangladesh’s business to business (B2B) retail marketplace for micro, small and medium enterprises (MSMEs), has on Tuesday announced the completion of a $5 million Pre-Series A round of financing led by Century Oak Ventures.

Sports and entertainment business firm Euroleague Basketball and fan engagement and gaming platform SPORTPASS are collaborating to reinforce Euroleague Basketball's gamification strategy.

Indian government backed fund National Investment and Infrastructure Fund Limited (NIIF) has announced a commitment of INR 207 crores ($25 million) to private equity firm Amicus Capital.

The International Finance Corporation (IFC) has announced a subscription of up to $10 million in a landmark local currency green bond issued by Tajikistan's Eskhata Bank—the first in the country — to boost access to climate finance for smaller businesses amid a challenging macro-economic environment.