Syfe, a robo adviser and investment platform operator based in Singapore, has announced raising $27 million, from new and existing venture capital investors. The latest funding round brings the total funds raised by the company to date to $79 million. Syfe raised $30 million in its Series B round in 2021. According to the announcement,… Continue reading Singapore robo advisor Syfe raises $27m in fresh fundingThe latest funding round brings the total funds raised by the company to date to $79 million.
Author: Deal Street Asia Online News
Decarbonization Partners leads $31m Series B funding in US AI platform GuidewheelDecarbonization Partners is a joint venture between Temasek and Black…
Guidewheel, a US-based AI platform for factories, has announced raising $31 million in its Series B funding round led by Decarbonization Partners, a partnership between asset manager BlackRock and Singapore state investor Temasek. The company, whose platform provides AI-powered FactoryOps to enable factories to reach sustainable peak performance, said the round was also participated by… Continue reading Decarbonization Partners leads $31m Series B funding in US AI platform GuidewheelDecarbonization Partners is a joint venture between Temasek and Black…
Indian e-scooter maker Ather Energy rides into unicorn club ahead of planned IPOAther Energy has raised $71m from NIIF at a valuation of $1.3b.
Indian electric two-wheeler manufacturer Ather Energy has raised $71 million from government-backed National Investment and Infrastructure Fund Limited (NIIF), at a valuation of $1.3 billion, a source familiar with the matter told DealStreetAsia. The Economic Times first reported about Ather’s funding. The company declined to comment. Ather Energy, which counts Tiger Global, Caladium Investments, and… Continue reading Indian e-scooter maker Ather Energy rides into unicorn club ahead of planned IPOAther Energy has raised $71m from NIIF at a valuation of $1.3b.
Japanese VC Incubate Asia closes third India fund below targetIncubate has invested in nearly 30 Indian companies, including Captain Fresh and Plum.
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Morgan Stanley invests in SKG Health and 38 other Greater China Deals worth over $545mSome of its competitors include Shenzhen Breo Technology, Ecovac…
Chinese wearable massager product maker SKG Health Technologies has secured undisclosed funding in a strategic round from the private equity investment arm of Morgan Stanley in China in a strategic financing round, according to a company release on August 5. Go to Source
Indian baby products retailer FirstCry jumps in trading debutThe company is backed by SoftBank, TPG, and M&M.
Shares of Indian baby products retailer FirstCry surged 52% in its trading debut in Mumbai on Tuesday, as investors bet on the booming childcare market in the world’s most populous country. The stock listed at 651 rupees on the National Stock Exchange of India, compared with an offer price of 465 rupees. The company’s $501… Continue reading Indian baby products retailer FirstCry jumps in trading debutThe company is backed by SoftBank, TPG, and M&M.
Carlyle Group seeks extension for sixth Asia fund: ReportThe new fund’s corpus target was reportedly slashed to $6b from $8.5b.
Private equity major Carlyle has sought an extension for the closing of its latest Asia fund, Bloomberg reported on Tuesday, adding that the firm is said to have raised $3 billion so far for the vehicle launched in mid-2022. Carlyle Asia Partners VI had an original target of $8.5 billion, which was reportedly slashed to… Continue reading Carlyle Group seeks extension for sixth Asia fund: ReportThe new fund’s corpus target was reportedly slashed to $6b from $8.5b.
SG’s Antler hits final close of second SE Asia fund at $72mAntler SEA Fund II will continue to invest in early-stage tech-enabled companies in the reg…
Global venture capital (VC) firm Antler, known to incubate nascent startups from day zero, announced that it has made the final close of its second Southeast Asia fund at $72 million. The new fund, Antler SEA Fund II, will continue to invest in early-stage tech-enabled companies in the region with pre-launch, pre-seed, and seed capital,… Continue reading SG’s Antler hits final close of second SE Asia fund at $72mAntler SEA Fund II will continue to invest in early-stage tech-enabled companies in the reg…
India Digest: Kinetic Green raises $25m; Somerset Indus hits first close of third PE fundKinetic Green’s Series A was led by Greater Pacific Capital.
Electric vehicle maker Kinetic Green has raised $25 million from PE firm Greater Pacific Capital in its Series A round of funding. Separately, healthcare-focused private equity firm Somerset Indus Capital Partners, which is an investor in companies such as Genworks, Apex Hospitals, globela Pharma, and Sterling Hospitals, has secured the first close of its third… Continue reading India Digest: Kinetic Green raises $25m; Somerset Indus hits first close of third PE fundKinetic Green’s Series A was led by Greater Pacific Capital.
India Digest: Vertex leads $8m funding in Kazam; 4baseCare raises $6m4baseCare has raised $6m led by Yali Capital.
E-mobility startup Kazam has raised $8 million in its Series A3 funding round led by Vertex Ventures Southeast Asia and India. In another development, oncology startup 4baseCare has raised $6 million in its Series A funding round led by Yali Capital and other investors. Vertex leads $8m funding in Kazam Bengaluru-based e-mobility startup Kazam has… Continue reading India Digest: Vertex leads $8m funding in Kazam; 4baseCare raises $6m4baseCare has raised $6m led by Yali Capital.