Investments
Singapore fintech firm Brankas raises $20M from Insignia Ventures, Visa to expand open finance platform
Brankas announced the close of its $20 million Series B investment round led by Insignia Ventures Partners, Visa, AFG Partners and Treasury International. Its existing investors Beenext and Integra Partners also joined the round, Brankas. With this round, Brankas aims to scale its network of more than 40 financial institutions and 100+ technology companies,…
Malaysian edtech startup Pandai raises $2.03M from Y Combinator, 500 Global & others
Pandai Education Sdn Bhd has recently raised a total of $2.03 million investment from a group of local and international investors in its pre-seed and seed round. Among the investors that participated in the rounds are Y Combinator, Global Founders Capital, 500 Global, Soma Capital, Harvard. Joining the round included Malaysian investors RHL Ventures,…
Tencent divests 2.6% of equity interest in Singapore’s Sea Ltd
Tencent’s voting power to be reduced below 10 percent following the transaction and proposed share conversion.
Malaysian drone firm Aerodyne makes strategic investment in AI & data analytics firm Synapse Innovation
Aerodyne Group has signed an agreement to acquire a principal stake in Malaysia-based artificial intelligence (AI) and data analytics company Synapse Innovation Sdn Bhd. This investment is engineered to supercharge Aerodyne Group’s prowess in AI and data analytics, as well as strengthening Aerodyne Group’s technology support for its international…
Indian fresh food retailer Living Food raises $7.5M Series A investment led by Amasia
Living Food announced the successful closing of a $7.5 million Series A fundraise led by Amasia.Other participating investors included SOSV, Blume Founders Fund, and notable angels including Xander Group founder Sid Yog and Nexus Venture Partners Co-Founder Sandeep Singhal, The company plans to expand to Mumbai in early 2022 and expects further domestic…
Vietnam fintech firm Anfin raises $1.2M seed round led by Goodwater Capital and Global Founders Capital
Anfin has raised $1.2 million in a seed round led by Goodwater Capital and Global Founders Capital (GFC). New investor XA Network as well as existing investor First Check Ventures also joined the round . The fresh injection will be channelled into doubling down efforts to further develop Anfin’s platform to provide its retail investors real-time fractional…
X0PA AI raises $4.2M in Series A funding to scale AI-powered objective B2B hiring and selections solution
X0PA AI announced $4.2 million in Series A funding led by ICCP SBI Venture Partners (ISVP).SEEDS Capital, AI8 Ventures, XCEL NEXT VENTURES, and SASV Investments also participated in the round. X0PA AI plans to use the capital for global expansion beginning with Asian, United States (US), Latin American, and European markets.
Singapore’s Novo Tellus gets nod for SPAC listing on SGX – report
Novo Tellus could be among the first wave of sponsors looking to list SPACs in Singapore after the regulators introduced a framework in September last year, according to Bloomberg.
Singapore crypto media platform Chain Debrief raises $900,000 seed funding to expand its platform
Chain Debrief has closed a US$900,000 seed funding round. The round is led by angel investor Sim Jian Hong and supported by institutional investors QCP Capital, Gecko Ventures, Double Peak Group and Coinhako, Senior executives from Defiance Capital, Xfers, Mintable and other individual investors in the crypto space also participated in the funding round.…
Singapore healthtech startup Smarter Health raises $3.8M led by East Ventures
Singapore-based healthtech startup Smarter Health announced Monday that it has secured S$5.15 million ($3.81 million) in Series A funding led by East Ventures, with the participation of Orbit Malaysia, Citrine Capital HMI Group, and Emtek. The funds will be used primarily for product development and market expansion in Southeast Asia.
