Asia

Indian financial technology firm PhonePe has on Monday announced that it has secured an additional $100 million investment from General Atlantic, a global growth equity firm, as part of its ongoing fundraise.

Forj, an Animoca Brands subsidiary and a Web3 technology firm, has been granted approval from the ApeCoin DAO to launch Ape Accelerator, an incubation platform for the Bored Ape Yacht Club (BAYC) community.

India-based analytics and artificial intelligence (AI) solutions company Course5 Intelligence has on Thursday announced today that it is raising a round of funding of $55 million. 360 ONE Asset has led the round by investing $28 million in Course5.

Indian sales pipeline acceleration platform RevenueHero has on Tuesday announced a $5.1 million Pre-Series A funding round led by Stellaris Venture Partners. The round also saw participation from existing investor Together Fund.

Hong Kong-based gaming company Animoca Brands has partnered Hooked Protocol (Hooked), an immersive edutainment network focusing on Web3 mass adoption, to innovate edutainment practices and trends, enrich Web3 industry ecosystem diversities, and boost mass adoption of Web3 infrastructure among billions of Web2 internet users.

Kyoto Fusioneering (KF), a Japan-based fusion-power engineering company, has successfully raised 10.5 billion yen ($79 million) in an oversubscribed Series C funding round. Led by existing investor, JIC Venture Growth Investments ., the round welcomed a total of 17 investors.

StepChange, a top-tier corporate sustainability platform based in India, has secured over $4 million in seed funding led by BEENEXT and Global Founders Capital.

Apax Partners LLP (Apax) announced Monday that it has reached a definitive agreement to invest approximately $450 mullion to acquire a significant minority stake in IBS Software, an Indian provider of modern Software-as-a-Service (SaaS) solutions to the global travel and logistics industry, from United States-based fund Blackstone.

Animoca Brands, the Hong Kong-based gaming firm, has on Monday announced that it has committed to contribute to the Global Educators Fund, a $10 million grant fund set up by Open Campus Protocol (Open Campus) to supplement standard education curricula through the use of Web3 technologies and communities.

Ripplr, an India-based tech distribution and logistics platform, has announced that it has raised $40 million in a Series B round from new and existing Investors. The round was led by Fireside Ventures.