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Gruhas joins hands with Collective Artists Network to create consumer fund

India-focused venture capital fund Gruhas has joined hands with new age media leader Collective Artists Network to create the Gruhas Collective Consumer Fund an initial investment fund of 150 Crore rupees ($18.29 million), dedicated to fostering innovative consumer brands.

Tracxn : Investments into Vietnam FinTech startups sinks to $35.3M in 2023

Total funding into Vietnamese FinTech startups plunged 84 percent to $35.3 million in 2023, from $227 million in 2022, Tracxn Technologies Ltd. said on Thursday. The FinTech sector in Vietnam secured funding worth $35.3 million in 2023 with only eight funding rounds, the least funded year since 2021.

India’s Grip Invest secures $10M in Series B funding led by Stride Ventures

Grip Invest, a direct to consumer (D2C) investment platform for retail investors, has raised $10 million in a Series B funding. The round consisted of $8.5 million via fresh equity and convertible note as well as $1.5 million in venture debt.

Singapore’s FlyORO secures $1.6M in Pre-Series A round led by Audacy Ventures

Singapore's Sustainable Aviation Fuel (SAF) startup FlyORO has successfully closed a Pre-Series A round, securing $1.6 million. The round is led by Audacy Ventures, a venture capital firm dedicated to catalyzing and scaling technology solutions driving the energy transition.

BitGo gets approval to offer digital payment token services in Singapore

BitGo, the leading provider of financial services for digital assets, announced Tuesday that its subsidiary in Singapore, BitGo Singapore Pte. Ltd., has received in-principle approval (IPA) from the Monetary Authority of Singapore (MAS) for a Major Payment Institution License. Once granted the full license, BitGo will be able to offer regulated digital…

SIRCLO partners with Shopify to enhance E-Commerce capabilities

SIRCLO, a an omnichannel commerce enabler in Indonesia has announce its partnership with Shopify, the global e-commerce powerhouse, to enhance its e-commerce capabilities. This alliance is set to transform the online retail experience, combining the strengths of both companies to offer superior e-commerce platforms in Indonesia.

Vietnam’s VinFast launches electric bike in the United States

Vietnamese carmaker VinFast Auto has officially announcedthe rollout of the DrgnFly electric bike in the United States. The VinFast Drgnfly launches in the US market with prices expected to begin at $2,800.

India’s Paytm parent firm to invest $12M in GIFT City to build global financial ecosystem

One97 Communications Limited (OCL) that owns the brand Paytm, has on Wednesday announced an investment of Rs 100 crore ($12 million) in Gujarat International Finance Tec-City (GIFT City) to build a global financial ecosystem in Gandhinagar in India.

Taiwanese blockchain firm Numbers Protocol launches project to help Taiwan media fight disinformation in upcoming election

Taiwan-based blockchain content verification company Numbers Protocol has announced a project to ensure the public has access to reliable and credible news for the upcoming presidential election on Jan 13. This will be achieved through the implementation of a decentralized blockchain-based verification platform for digital media content and partnerships…

Empowering investors: How AI and social investing forge sustainable financial ecosystems

The rise of #AI in #finance signifies a paradigm shift, providing unprecedented opportunities for investors to navigate and thrive in an ever-evolving market.