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Brinc launches new program for climate tech startups

Brinc, the Hong Kong-based accelerator backed by investors like Animoca Brands, is launching a new program for fledgling climate tech startups. The three-month program is tailored for founders who are focused on carbon dioxide removal (CDR). They will receive fundraising support, guidance on how to scale up and introductions to Brinc’s network of follow-on investors, […]

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Arkam Ventures targets $180 million to tap ‘middle India’ opportunity with second fund

Arkam Ventures is courting its second fund, aiming for $180 million, nearly doubling the size of its maiden fund, as the Indian venture capital firm gears up to double down on the expanding ‘middle India’ opportunity. The firm’s partners said in an interview that they are hopeful to retain support from high-profile international institutional investors

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Amazon plans to invest another $15 billion in India by 2030

Amazon plans to more than double its investment in India in the next seven years, the e-commerce group said, joining a roster of other high-profile American giants ramping up commitment to the South Asian market after meeting with Prime Minister Narendra Modi this week. The e-commerce group has invested about $11 billion in India to

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Musk says looking to bring Tesla and Starlink to India after meeting with PM Modi

Tesla chief executive Elon Musk says the firm is looking to invest in India and bring the electric carmaker to the country “as soon as humanly possible.” Musk said he had a “very good” conversation with Indian Prime Minister Narendra Modi on Tuesday and is hopeful that they will be able to “announce something in

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Philippines startup Shoppable Business smooths bumps in the business procurement process

Shoppable Business Chris Blanquera, Sam Blanquera and Carlo Silva Shoppable Business wants to make it easier for businesses in the Philippines to source and procure branded products and other inventory, with an emphasis on making sure products are authentic. The B2B e-commerce marketplace announced it has closed what it says was an oversubscribed pre-seed funding

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Finfra lets Indonesian businesses add embedded finance to their platforms

Finfra, an Indonesian startup that provides the tech infrastructure for online businesses that want to offer embedded finance products, has raised $1 million in new funding. The round included participation from DSX Ventures, Seedstars International Ventures, Cento Ventures, Fintech Nation, FirstPick, BADideas Fund and Hustle Fund. The startup’s new funding will be used on product

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Kaya Founders backs Philippines startups from “Day 0”

The Philippines’ startup ecosystem is poised for strong growth, thanks to the country’s rising GDP, fast adoption of online services and a new generation of founders. Launched by tech and investment veterans, Kaya Founders wants to back the most promising startups from the very beginning. The venture firm announced today that it has closed $12

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Indonesia’s Skorlife gets funding to give Indonesians power over their credit scores

Skorlife, the fintech that wants to give Indonesians more transparency into their credit scores, has raised $4 million in seed funding. The round was led by Hummingbird Ventures with participation from QED Investors, and returning investors AC Ventures and Saison Capital. The startup’s last funding round was $2.2 million in pre-seed funding announced in September.

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Singapore’s Ora takes a vertically-integrated approach to telehealth

According to the founder of Singapore-based telehealth platform Ora, 90% of its patients are less than 39 years old and have not been treated for their conditions offline. That puts the onus on Ora to make sure its patients, mostly millennials who live in cities, have a good experience. Ora wants to perform with verticals

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Japanese construction tech Aldagram nails down backing from Panasonic

Aldagram, a startup out of Japan developing project management software for construction companies, has picked up a new strategic backer to help it build out its footprint across Asia and the Middle East. Panasonic, the consumer electronics giant that also develops solar panels, air conditioning units and many other products for its sizable buildings and

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