Peak XV Partners Scales Back: $465 Million Reduction in Fund Size Amid Market Shifts
Peak XV Partners, previously part of Sequoia Capital, has scaled back its $2.85 billion India and Southeast Asia fund by...
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Indonesia’s Broom Secures US$25 M in Series A+ Funding Round
Broom, an Indonesia-based automotive startup focused on the used car market, has raised US$25 million in a Series A+ funding...
Rachel Lau on Venture Debt at AsiaTechDaily’s Innovation Exchange Program
On September 30, 2024, AsiaTechDaily successfully hosted its highly anticipated Innovation Exchange Program, featuring Rachel Lau, the Founder and Managing...
ThinKuvate’s India Fund Makes Strategic First Close, Backs High-Growth Startups
Singapore-based angel investment platform ThinKuvate has revealed the successful first close of its inaugural India fund, achieved within just four...
TNB Aura to Invest $30 Million in Philippine Startups Over Three Years
Southeast Asia-focused venture capital firm TNB Aura plans to invest around $30 million in startups in the Philippines over the...
Investing in the Future: Malaysia’s Strategic Shift Towards AI and Data Technology
Prime Minister Datuk Seri Anwar Ibrahim said Malaysia will prioritize foreign direct investments in sectors such as artificial intelligence (AI)...
Qarbotech Secures $1.5 Million to Expand Agritech Solutions Across Southeast Asia
Malaysian agritech and nanotech startup Qarbotech has successfully raised $1.5 million in funding to expand its operations across Southeast Asia,...
Kagome Launches $50M AgriTech Fund in Partnership with SVG Ventures
Japanese food producer Kagome, via its U.S. subsidiary Garbic USA, has introduced a $50 million corporate venture capital fund aimed...
AdOnMo Secures $25 Million to Expand Digital Advertising Reach Across India
AdOnMo, an ad tech startup backed by Zomato, has successfully raised $25 million (around ₹209 crores) in a funding round...
US-China Tensions Hit Silicon Valley: FBI Probes Hone Capital’s Foreign Links
The FBI is investigating Hone Capital, a Silicon Valley venture capital firm, over allegations that it may have shared sensitive...