Asia Pacific
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Vietnam-based Grab to function in alliance with ZaloPay
The newest cashless solution offered by Grab in Vietnam now includes ZaloPay, the financial services division of internet company VNG.…
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Indies Capital, AC Ventures ink pact with Penjana Kapital
Indies Capital Partners and AC Ventures, two private investment companies with offices in Indonesia, have signed a memorandum of collaboration…
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$4.8 M funding raised by mental health platform Atommerce
Lotte Healthcare and Samsung Venture Investment have contributed 6 billion won (US $4.8 million) to Atommerce, the parent firm of…
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Cryptocurrency lender Genesis laid-off 30% employees amid liquidity issues
According to a statement from a business official, cryptocurrency lender Genesis, whose parent company is financed by Singapore’s GIC, has…
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Bolttech appoints Jens Schädler as Chief Executive Officer for Europe
International insurtech bolttech today announced the appointment of Dr. Jens Schädler as Chief Executive Officer (CEO), Europe. Based in Switzerland,…
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First closing of Northstar Group’s early-stage fund totals $90 M
A Singapore-based venture capital firm called Northstar Group has secured US $90 million in the first close of its new…
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Insurtech firm Aigis shifts focus to project management, finance solutions
Aigis, a B2B insurtech firm with offices in Indonesia, has changed its direction to concentrate on offering project management and…
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GMO VenturePartners gained $240 M from three portfolios
According to sources, three of its portfolio businesses generated financial gains for Japan-based GMO VenturePartners of US $240 million. With…
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Darwin Ventures led $5.6 M Series A funding secured by Profet AI
A series A round-headed by Darwin Ventures garnered US $5.6 million for Profet AI, a Taiwanese manufacturing firm. Hive Ventures,…
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D2C firm Evo Commerce raised $2 M from East Ventures, GSR
Singapore-based direct-to-consumer company Evo Commerce has secured US $2 million from investors including GSR Ventures, East Ventures, and 33 Capital…
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