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Indian B2B Startup Zetwerk Raises US$21M Series C Led By Greenoaks Capital

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Zetwerk will use the latest investments to launch new categories, strengthen its product stack, and global expansion Indian business-to-business (B2B) marketplace for manufacturing items, Zetwerk Manufacturing Businesses Pvt. Ltd has raised US$21 million in a Series C funding round, led by San Francisco-based global venture capital firm Greenoaks Capital, according to a company statement released […]

Indian B2B Startup Zetwerk Raises US$21M Series C Led By Greenoaks Capital Read More »

Zetwerk will use the latest investments to launch new categories, strengthen its product stack, and global expansion Indian business-to-business (B2B) marketplace for manufacturing items, Zetwerk Manufacturing Businesses Pvt. Ltd has raised US$21 million in a Series C funding round, led by San Francisco-based global venture capital firm Greenoaks Capital, according to a company statement released

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India-China Border Conflict Spells Bad News For 59 Chinese Apps, 18 Indian Unicorns

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India bans 59 Chinese apps, severely restricts Chinese investment from entering the country The India-China border conflict has spilled over into business relations between the two giant Asian economies, with the Indian government undertaking a series of moves including banning 59 Chinese apps from the subcontinent. In a press release dated 29 June 2020, the

India-China Border Conflict Spells Bad News For 59 Chinese Apps, 18 Indian Unicorns Read More »

India bans 59 Chinese apps, severely restricts Chinese investment from entering the country The India-China border conflict has spilled over into business relations between the two giant Asian economies, with the Indian government undertaking a series of moves including banning 59 Chinese apps from the subcontinent. In a press release dated 29 June 2020, the

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Japanese Esports Content Creator PlayBrain Raises US$6M Series A

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PlayBrain will use the fresh funds to expand into additional esports and entertainment properties and build on its partnership with Riot Games Japanese esports content provider and event organizer PlayBrain has raised US$6 million in a Series A financing round, to produce content and manage esports competitions in Japan, the startup reported on Tuesday. BITKRAFT

Japanese Esports Content Creator PlayBrain Raises US$6M Series A Read More »

PlayBrain will use the fresh funds to expand into additional esports and entertainment properties and build on its partnership with Riot Games Japanese esports content provider and event organizer PlayBrain has raised US$6 million in a Series A financing round, to produce content and manage esports competitions in Japan, the startup reported on Tuesday. BITKRAFT

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Carmine Therapeutics And Takeda Pharmaceuticals Join Hands In A US$900M Research Alliance

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Carmine Therapeutics and Takeda will collaborate to discover and develop non-viral Rare Disease Gene Therapies Using Carmine’s novel REGENT platform U.S. headquartered Biotech startup Carmine Therapeutics has signed a $900 million research collaboration agreement with Takeda Pharmaceutical to discover, develop and commercialize transformative non-viral gene therapies for two rare disease targets, according to a company

Carmine Therapeutics And Takeda Pharmaceuticals Join Hands In A US$900M Research Alliance Read More »

Carmine Therapeutics and Takeda will collaborate to discover and develop non-viral Rare Disease Gene Therapies Using Carmine’s novel REGENT platform U.S. headquartered Biotech startup Carmine Therapeutics has signed a $900 million research collaboration agreement with Takeda Pharmaceutical to discover, develop and commercialize transformative non-viral gene therapies for two rare disease targets, according to a company

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Pakistani Mobility Startup Airlift Technologies Bags US$10M Series A-1

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Airlift Technologies also announced its new service Airlift Grocer Pakistan-based transit systems startup Airlift Technologies has raised US$10 million in an extension of its Series A round, the company announced today via its official blog. Airlift Technologies is an app-based ride-sharing ‘decentralized mass transit system’ that allows users to book rides aboard buses. These buses

Pakistani Mobility Startup Airlift Technologies Bags US$10M Series A-1 Read More »

Airlift Technologies also announced its new service Airlift Grocer Pakistan-based transit systems startup Airlift Technologies has raised US$10 million in an extension of its Series A round, the company announced today via its official blog. Airlift Technologies is an app-based ride-sharing ‘decentralized mass transit system’ that allows users to book rides aboard buses. These buses

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tencent games annual conference

Tencent Games Annual Conference: New Games and Partnerships Announced

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More than 40 new game products and updates were unveiled at the Tencent Games Annual Conference Tencent Games, the gaming arm of Chinese Internet giant Tencent, held its Annual Conference on June 27 to unveil the company’s upcoming plans for game releases and partnerships. As the operator of the largest online gaming community in China,

Tencent Games Annual Conference: New Games and Partnerships Announced Read More »

More than 40 new game products and updates were unveiled at the Tencent Games Annual Conference Tencent Games, the gaming arm of Chinese Internet giant Tencent, held its Annual Conference on June 27 to unveil the company’s upcoming plans for game releases and partnerships. As the operator of the largest online gaming community in China,

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Can Huawei and Its Users Survive Without Google?

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The U.S. Government’s blacklisting of Huawei in 2019 has shaken the company, to say the least. As an immediate outcome of this decision, Google ended its business relationship with the Chinese hardware manufacturer, resulting in Huawei being banned from using apps under Google Mobile Services (GMS). Not only has Google suspended future hardware development collaboration with Huawei, but

Can Huawei and Its Users Survive Without Google? Read More »

The U.S. Government’s blacklisting of Huawei in 2019 has shaken the company, to say the least. As an immediate outcome of this decision, Google ended its business relationship with the Chinese hardware manufacturer, resulting in Huawei being banned from using apps under Google Mobile Services (GMS). Not only has Google suspended future hardware development collaboration with Huawei, but

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yoma

Yoma Strategic Plans To Acquire Majority Stake In Wave Money For US$76.5M

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Myanmar’s Wave Money says its revenue, transaction numbers, and transfer volume have more than tripled in 2019 Yoma Strategic Holdings, which owns a diversified portfolio of businesses in Myanmar, announced today that it plans to acquire a controlling stake in Wave Money, a leading mobile financial services provider in Myanmar. Wave Money is a joint

Yoma Strategic Plans To Acquire Majority Stake In Wave Money For US$76.5M Read More »

Myanmar’s Wave Money says its revenue, transaction numbers, and transfer volume have more than tripled in 2019 Yoma Strategic Holdings, which owns a diversified portfolio of businesses in Myanmar, announced today that it plans to acquire a controlling stake in Wave Money, a leading mobile financial services provider in Myanmar. Wave Money is a joint

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Hong Kong-based Lever VC announces RMB 200M Alternative Protein Fund

Hong Kong-based Lever VC announces RMB 200M Alternative Protein Fund

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The Lever China Alternative Protein Fund will also provide an accelerator program run by Brinc Lever VC, a U.S. and Hong Kong-based alternative protein venture capital fund, has launched an RMB 200 million (approximately US$28 million) joint investment fund and accelerator, to fund Chinese plant-based and cell-cultivated meat and dairy companies, the firm announced in

Hong Kong-based Lever VC announces RMB 200M Alternative Protein Fund Read More »

The Lever China Alternative Protein Fund will also provide an accelerator program run by Brinc Lever VC, a U.S. and Hong Kong-based alternative protein venture capital fund, has launched an RMB 200 million (approximately US$28 million) joint investment fund and accelerator, to fund Chinese plant-based and cell-cultivated meat and dairy companies, the firm announced in

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canva fundraise

SaaS Design Unicorn Canva Announces Fresh Funding of US$60M

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Canva also made a slew of other announcements, including a new U.S. office Sydney-based software-as-a-service (SaaS) graphic design platform Canva has raised funding of $60 million in a round that has doubled its valuation to $6 billion, a statement from Canva has announced. Australian venture company Blackbird and Sequoia China led the round, with participation

SaaS Design Unicorn Canva Announces Fresh Funding of US$60M Read More »

Canva also made a slew of other announcements, including a new U.S. office Sydney-based software-as-a-service (SaaS) graphic design platform Canva has raised funding of $60 million in a round that has doubled its valuation to $6 billion, a statement from Canva has announced. Australian venture company Blackbird and Sequoia China led the round, with participation

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cleantech solar

Solar Developer Cleantech Solar Receives APAC’s Largest Green Loan at US$75M

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Cleantech Solar plans to build over 500MW of solar power projects across Southeast Asia Singapore-based Cleantech Solar, one of the largest commercial and industrial (C&I) focused solar photovoltaic (PV) developers in Asia, has secured a US$75 million green loan from ING Bank N.V., Singapore Branch (ING), according to a press release issued today. This is

Solar Developer Cleantech Solar Receives APAC’s Largest Green Loan at US$75M Read More »

Cleantech Solar plans to build over 500MW of solar power projects across Southeast Asia Singapore-based Cleantech Solar, one of the largest commercial and industrial (C&I) focused solar photovoltaic (PV) developers in Asia, has secured a US$75 million green loan from ING Bank N.V., Singapore Branch (ING), according to a press release issued today. This is

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21vianet

Chinese Data Center 21Vianet To Receive US$150M Investment from Blackstone

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21Vianet to use latest funds to reinforce its position in China’s data center market 21Vianet Group, Inc., a carrier and cloud-neutral Internet data center services provider in China, today announced that funds managed by Blackstone, one of the world’s leading investment firms, have agreed to make a US$150 million investment in the company. Although the

Chinese Data Center 21Vianet To Receive US$150M Investment from Blackstone Read More »

21Vianet to use latest funds to reinforce its position in China’s data center market 21Vianet Group, Inc., a carrier and cloud-neutral Internet data center services provider in China, today announced that funds managed by Blackstone, one of the world’s leading investment firms, have agreed to make a US$150 million investment in the company. Although the

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horizon quantum computing

Horizon Quantum Computing Bumps Up Its Seed Funding with US$3.23M Raise

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 SGInnovate, Sequoia Capital India back Horizon Quantum Computing’s seed-plus round Singapore-based quantum computing startup Horizon Quantum Computing has raised SG$4.5 million (US$3.23 million) in a seed-plus round, the company announced in a statement today. Sequoia Capital India was the lead investor for the round, which saw participation from existing backers and deep tech investors Singapore

Horizon Quantum Computing Bumps Up Its Seed Funding with US$3.23M Raise Read More »

 SGInnovate, Sequoia Capital India back Horizon Quantum Computing’s seed-plus round Singapore-based quantum computing startup Horizon Quantum Computing has raised SG$4.5 million (US$3.23 million) in a seed-plus round, the company announced in a statement today. Sequoia Capital India was the lead investor for the round, which saw participation from existing backers and deep tech investors Singapore

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checkout.com series b

DST Global, GIC Among Checkout.com’s US$150M Series B Investors

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Both DST Global and GIC have previously funded Checkout.com London-based payments fintech Checkout.com has raised $150 million in a Series B funding round, tripling its previous valuation to $5.5 billion, the company announced in a statement. U.S.-based technology hedge fund Coatue led the round, with Southeast Asian investors Government of Singapore-owned wealth fund GIC and

DST Global, GIC Among Checkout.com’s US$150M Series B Investors Read More »

Both DST Global and GIC have previously funded Checkout.com London-based payments fintech Checkout.com has raised $150 million in a Series B funding round, tripling its previous valuation to $5.5 billion, the company announced in a statement. U.S.-based technology hedge fund Coatue led the round, with Southeast Asian investors Government of Singapore-owned wealth fund GIC and

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Defining The Contours of The New Normal: Techsauce Virtual Summit 2020 Recap

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How Covid-19 has influenced government mandates and corporate agendas The Techsauce Virtual Summit 2020: Shaping the New Future, the virtual iteration of the annual Bangkok-based Techsauce Summit, took place on June 19-20, and brought together a host of speakers who discussed the factors that are likely to shape the new normal for Southeast Asia. Techsauce

Defining The Contours of The New Normal: Techsauce Virtual Summit 2020 Recap Read More »

How Covid-19 has influenced government mandates and corporate agendas The Techsauce Virtual Summit 2020: Shaping the New Future, the virtual iteration of the annual Bangkok-based Techsauce Summit, took place on June 19-20, and brought together a host of speakers who discussed the factors that are likely to shape the new normal for Southeast Asia. Techsauce

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synqa

Thai Fintech Startup SYNQA Raises US$80M Series C

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SYNQA to use funds for enhancing and updating enterprise product line. Thailand-based fintech startup SYNQA (formerly Omise Holdings) announced today that it has raised $80 Million in a Series C funding round led by Thailand’s fourth-largest lender by assets, SCB 10X Co., Ltd. (SCB 10X), and SPARX Group Co., Ltd. (through its Mirai Creation Fund II). Other investors who

Thai Fintech Startup SYNQA Raises US$80M Series C Read More »

SYNQA to use funds for enhancing and updating enterprise product line. Thailand-based fintech startup SYNQA (formerly Omise Holdings) announced today that it has raised $80 Million in a Series C funding round led by Thailand’s fourth-largest lender by assets, SCB 10X Co., Ltd. (SCB 10X), and SPARX Group Co., Ltd. (through its Mirai Creation Fund II). Other investors who

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