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financing
Indian electric two-wheeler company secures $15.3 million in financing
The investment was largely driven by Zoho, which provided approximately $10.6 million.
Indian intercity bus platform raises US$9 million in Series A financing
The company plans to raise an additional $6.9 million through the issuance of preferred stock.
Israeli AI healthcare startup raises additional US$15 million in Series B financing
This extended round was led by Healthier Capital and raised $20 million in May 2023.
The report points out that the financing amount of Southeast Asia’s technology industry will drop by 59% in 2024.
Despite falling funding, innovation in the region remains strong.
Indian artificial intelligence robot start-up Haber received US$44 million in Series C financing
Founded in 2017, Haber focuses on automating factory processes using robots driven by artificial intelligence.
Indian semiconductor company Mindgrove receives US$8 million in Series A financing
Mindgrove also received $1.8 million under the Indian government's Design-Linked Incentive (DLI) program to support chip development.
Abu Dhabi fintech company secures US$500 million in asset-backed financing
Quantix previously received a financial company license from the Central Bank of the United Arab Emirates this year.
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