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Funding Alert

Israel-based Kardome has closed a $10 million Series A funding round led by Korea Investment Partners (KIP). Additional participants include Next Gear Ventures, KB Investment, Honeystone Ventures, J-Ventures, Hyundai Motor Group (HMG), Talar Corp., and Techstars.

Kardome Secures $10 Mn Funding in Series A Round

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India-based Travel tech startup 30 Sundays has secured $770k funding in a pre-seed round led by Infoedge Ventures with participation from First Cheque, Eximius, Misfits, and other angel investors.

30 Sundays Secures $770K Funding in Pre-seed Round

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The Hosteller, India’s largest self-operated backpacker hostel chain, has secured INR 48 crore in a funding round led by V3 Ventures in a mix of equity and debt. A debt of Rs 16 crore from the venture debt platform Blacksoil. Other investors include Synergy Capital Partners, Unit-e Consulting LLP, Real Time Angel Fund (Climber Capital), and Ice VC, along with angel investors like Harsh Shah from Naman Group Family Office and The Souled Store founder Vedang Patel.

The Hosteller Secures Rs 48 Cr Funding in Series A Round

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Boldfit, a D2C finest fitness accessories and apparel brand, has raised an investment of INR 110 crore (about $13 million) from venture capital firm Bessemer Venture Partners. The brand sells products in different categories, such as apparel, nutrition, shoes, sports, fitness equipment, and accessories. The cricketer KL Rahul-backed startup plans to use the funds to improve product innovation and brand presence.

Boldfit Raises INR 110 Cr Investment from Bessemer Venture Partners

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Ampd Energy, a global energy industry innovator and manufacturer of the Entertainer and Ampd Silo™ battery energy storage systems (ESS) for heavy industries, today announced that it has raised $27.3 million in oversubscribed Series B funding. The round was co-led by Kibo Invest and Openspace, the largest investor in this round, with notable participation from existing investors MTR Lab, Taronga Ventures, and 2150, confirming their support and belief in Ampd Energy by participating above pro-rata. The funds will be used to further expand decarbonization across new verticals and regions.

Ampd Energy Secures Oversubscribed $27.3 Mn Series B Funding

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Netherland-based MODIFI, a leading global platform in B2B Buy Now, Pay Later (BNPL) solutions, today announced the successful completion of a $15 million funding round led by SMBC Asia Rising Fund with participation from existing investors Maersk, IntesaSanPaolo, Heliad, and other top-tier global investors.

MODIFI Secures $15 Mn from SMBC Asia Rising Fund to Fuel...

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India-based Lending tech startup Easy Home Finance has raised $35 Mn in its Series B funding round co-led by Claypond Capital, the investment office of Manipal Group’s Ranjan Pai, and Japanese banking giant Sumitomo Mitsui’s Asia Rising Fund.

Easy Home Finance Raises $35 Mn Funding

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CapitaLand Investment Limited (CLI), a leading global real asset manager, has secured an S$261 million capital commitment from a new Japanese capital partner, Mitsui O.S.K. Lines, Ltd. (MOL), for its Southeast Asia (SEA) and India private funds. A shipping major in Japan, MOL has committed S$130 million capital in to CapitaLand SEA Logistics Fund (CSLF), CLI’s first logistics fund in SEA.

CapitaLand Investment Secures $198 Mn for SEA and India Funds

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CLA Global TS is pleased to announce its partnership with Dymon Asia Private Equity (“DAPE”) with the aim of driving growth across Southeast Asia and China. The partnership involves DAPE investing in CLA Global TS Holdings Pte. Ltd. (“CLA Global TS”). DAPE, the private equity arm of Dymon Asia Capital, is an award-winning, Southeast Asia-focused private equity firm investing in the lower mid-market space. CLA Global TS is the leading firm in Singapore, Southeast Asia, and China for CLA Global Limited (“CLA Global”), a prominent global organization comprising independent accounting and advisory firms that emphasize fast-growing, innovative, middle-market cross-border businesses.

Dymon Asia PE Invests in Singapore-based CLA Global TS

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Israel-based Noma announce $32M in funding and the launch of their application security platform for securing the entire Data & AI Lifecycle. The company’s series A round was led by Ballistic Ventures and comes less than a year after a previously undisclosed seed round led by Glilot Capital Partners, with participation from Cyber Club London.

Noma Secures $25 Mn Funding in Series A Round

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