Latest news and trends about tech

Razorpay announced Tuesday its first international expansion into South-East Asia with the acquisition of a majority stake in Curlec for an undisclosed amount. This marks Razorpay’s fourth acquisition overall and its first in international waters, taking one step closer to becoming a fintech leader in emerging markets.

iCandy Interactive Limited (iCandy) is acquiring 51 percent stake in Digital Games International Pte. Ltd. (Storms) for A$8 million ($5.69 million), which will be settled via the issuance of new fully paid ordinary shares of iCandy. The acquisition of Storms will allow iCandy to leverage its distribution network to further target a number of markets in Asia…

Infina has closed $6 million in seed funding from investors such as Sequoia Capital India’s Surge, Y Combinator, Saison Capital, Starling Ventures, Alpha JWC, and AppWorks. Additional investors who have backed Robinhood, Coinbase, and similar models in other markets also participated in the funding.

Polygon has raised about $450 million through a private sale of its native MATIC token in a funding round led by Sequoia Capital India. The round also saw the participation from SoftBank Vision Fund 2, Galaxy Digital, Galaxy Interactive, Tiger Global, Republic Capital and prominent investors like Alan Howard (Co-Founder, Brevan Howard) and Kevin O’Leary…

Genesia Ventures announced the first close of its new fund, Genesia Venture Fund 3 Investment Limited Partnership, with a total amount of approximately $90 million. Similar to the first and second funds, the third fund is focused on investments in pre-seed and seed stage startups in Japan and Southeast Asia (SEA),

Happy Fresh has launched HappyFresh Supermarket to extend fresh and dry grocery accessibility by significantly growing its dark store presence in the Southeast Asian region. It aims to provide an easy and convenient online grocery shopping experience, with high-quality and freshly handpicked products brought right to their customers’ doorsteps with free…

Hubble Pte Ltd has concluded its Series B funding round with S$11.35 million ($8.45 million) of investment. The round brings new investors to the table, such as Singapore and Australia’s Taronga Ventures, Singapore’s Kajima Ventures and Singapore’s Seeds Capital, to participate alongside existing investors OSK Capital Partners of Malaysia and…

Bananas has secured $1 million in seed funding led by East Ventures, with the participation from SMDV, ARISE, MDI Ventures and a few angel investors. It has also been accepted into the prestigious YCombinator Winter 2022 batch that has a 2 percent acceptance rate among tech startups who applied globally, adding Y Combinator as one of Bananas’ investors with…

An increasing number of event organisers have realised the benefits of digital transformation. Enhanced ROI, reach, and savings are just a few of the benefits we can list resulting from virtual events; every virtual event generates at least 10x value for event organisers.

Sirka has completed its $2.6 million seed funding round co-led by AC Ventures and Wavemaker Group. Sequoia, YC, Goodwater Capital, and several angel investors, such as ex-Sequoia’s Tim Lee and singer or entrepreneur Maudy Ayunda, also participated in the round. the funding received will be focused on building the largest and most active health community in…