Investments

India’s Bhanzu secures $15M Series A funding led by Eight Roads Ventures

Bhanzu, an India-based math learning platform, announced Thursday that it has raised $15 million in Series A funding led by global investment firm Eight Roads Ventures. Another global investor B Capital, also invested in the round from its Ascent Fund.

Malaysia’s StoreHub raises $13.5M pre-Series B round led by 500 Global

StoreHub, a Malaysia-based platform that enables restaurants and retailers to automate and grow their business, said Wednesday it has raised $13.5 million in a pre-Series B fundraising round led by 500 Global. The round also saw participation from existing investors Vertex Ventures Southeast Asia & India, OSK and others.

Singapore’s #dltledgers raises $6M Series B investment, crossing $70M valuation mark

Singaporean blockchain based multi enterprise supply-chain business network (MESCBN) platform #dltledgers, announced Wednesday that it has raised $8.5 million from its lead investor in a Series B funding round. This strategic round now brings the firm's valuation to well above $100 million, up from $46 million after its Series A round just over a year ago.

Malaysia’s respond.io raises $7M funding led by Headline Asia

Respond.io, a Malaysia-based social to conversational commerce software as a service (SaaS) platform, has closed $7 million in Series A funding. The round was led by Headline Asia with participation from AltaIR Capital, Smart Partnership Capital, Sterling Oak Group & Calendula Ventures.

Singapore’s Cargobase closes growth financing round from Lufthansa Innovation Hub and Trestle Partners

Cargobase, a Singapore-based logistics software firm, said Tuesday it has raised funds from Lufthansa Innovation Hub and Trestle Partners, reinforcing their joint commitment to supply chain tech innovation and digitalisation.

Sequoia India and Southeast Asia’s Surge back EdTech firm Virtual Internships $14.3M fund raise

Virtual Internships, a United Kingdom-based EdTech company, announced Thursday that it has closed a $14.3 million Series A raise led by Hambro Perks. The round was also supported by Sequoia India and Southeast Asia’s Surge, Arsenal Growth, Kaplan, Ascend Vietnam Ventures, and STIC Investments.

Indonesian crypto exchange Reku grabs $11M led by AC Ventures

Indonesia-based crypto exchange and marketplace Reku (formerly Rekeningku.com) has secured an $11 million series A funding round, led by AC Ventures (ACV), with participation from Coinbase Ventures and Skystar Capital. 

Glife Technologies closes Series A with $3M investment from Tin Men Capital

Glife Technologies (Glife), a Singapore-headquartered digital business-to-business (B2B) food and agritech company, has announced a $3 million Series A follow-on funding to further support their operations across the Southeast Asia region.

Singapore and Indonesia-based Fazz secures $100M Series C funding

Singapore and Indonesia-based digital financial services group Fazz (previously known as Fazz Financial Group), announced Wednesday a $100 million Series C funding round. This consists of $75 million in equity, which includes investment from existing investors such as Tiger Global, DST Investment, B Capital, Insignia Ventures Partners and ACE & Company.

Singapore’s Ninja Van invests $50M to automate parcel processing capabilities across Southeast Asia

Ninja Van Group, a Singapore-based tech-enabled express logistics company, is investing $50 million in automation technology and systems to enhance its parcel processing capabilities across its key parcel sorting hubs.