Author: Deal Street Asia Online News

Dr Clear Aligners raises $8m Series A funding from Insignia Ventures Partners

Dr Clear Aligners (DCA), a Singapore-headquartered provider of dental clear aligners, has raised $8 million in Series A funding from Insignia Ventures Partners, according to a statement. This funding is expected to hasten Dr Clear Aligners’ goal of making orthodontic treatment more accessible while also driving global expansion and improving technological capabilities. It also aims… Continue reading Dr Clear Aligners raises $8m Series A funding from Insignia Ventures Partners

IvyCap leads funding in Pintel and other India deals worth $163m

Pramugdha Mamgain 19 July, 2024 Pintel, a sales tool driven by artificial intelligence and machine-learning technology, on Friday announced that it has raised $1 million in a seed funding round led by IvyCap Ventures. Start your deal-making journey now! Subscribe now to enjoy unlimited access at just $59. Premium coverage on private equity, venture capital,… Continue reading IvyCap leads funding in Pintel and other India deals worth $163m

India’s Paytm posts $100.3m net loss in Q1—its biggest since listing in 2021

India’s Paytm reported a wider first-quarter loss on Friday, its biggest since it went public in November 2021, hurt by weakness in its payments business after the central bank’s directive to wind down its banking unit. The digital payments firm’s consolidated net loss widened to 8.39 billion rupees ($100.3 million) for the quarter ended June… Continue reading India’s Paytm posts $100.3m net loss in Q1—its biggest since listing in 2021

Return backer Puhua Capital joins Chinese chipmaker ICleague Technology’s Series B roundICleague previously completed its Series A round in 2021.

Chinese chipmaker ICleague Technology has secured “several billions of yuan” in a Series B funding round, according to a release on Wednesday.  Several local investment firms including state-owned investment platform Wuhan Optics Valley Industrial Investment, Chinese brokerage firm CMB International, venture capital firm Puhua Capital, and others joined the round.  Founded in November 2018, ICleague… Continue reading Return backer Puhua Capital joins Chinese chipmaker ICleague Technology’s Series B roundICleague previously completed its Series A round in 2021.

These were our most read stories of June 2024

Our most-read stories in June included scoops on fundraising by Singapore-based oat milk brand Oatside, Vietnamese B2B e-commerce startup Vigo Retail and Indonesian fintech startup infinID. We also brought you the earnings analysis of the online fast-fashion group Shein, which is said to be pressing ahead with plans for a public listing in London. These… Continue reading These were our most read stories of June 2024

Can China’s wildly popular app Xiaohongshu raise its profit game?

Two years ago, Daniel Zhang downloaded Xiaohongshu so he could order a special edition of “Flowers of the Amazon Forest,” a book by the British botanical artist Margaret Mee that was only available on the Chinese social app. What he didn’t anticipate was that Xiaohongshu would become an indispensable part of his daily life. Go… Continue reading Can China’s wildly popular app Xiaohongshu raise its profit game?

Temasek’s Xora anchors $55m Series A funding in US battery maker Peak Energy

Peak Energy, a US-based battery maker, has announced raising $55 million in its Series A funding round anchored by Xora Innovation, the early-stage deep tech investment arm of Singapore state investor Temasek Holdings. The fresh funding will be used to launch full-scale production of Peak Energy’s sodium-ion battery technology, which is a stable and proven… Continue reading Temasek’s Xora anchors $55m Series A funding in US battery maker Peak Energy