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Backed by Tiger Global, Intellect is creating culturally-competent mental healthcare for Asia

TechCrunch

Mental health startup Intellect ’s ambitious goal is to be available across the Asia-Pacific, but ensure localized, culturally-competent care in each of the many markets it serves. Today it announced it has added $10 million to its war chest in a Series A extension led by Tiger Global, bringing the round’s total to $20 million.

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SmartRyde, a Japanese online platform for airport transfers, spurs global expansion with Series A

TechCrunch

SmartRyde , a Japanese online pre-booked airport transfers service platform, is a marketplace that connects travelers to local transportation operators/online travel agencies (OTAs). It will also use the funding for global expansion, Kimura said. SmartRyde announced today it has secured a $1.6

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Thailand’s fintech startup Ascend Money lands $150M at a $1.5B valuation

TechCrunch

Ascend Money , the Thailand-based fintech startup behind TrueMoney, an e-wallet service, announced today it has raised a $150 million Series C round at a valuation of $1.5 About 70% came from Thailand while 30% came from the international market, the co-President Thamavaranukupt said.

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​​Xpeng, Zeekr, and more enter Thailand, eye expansion across Southeast Asia

TechNode

Chinas Zeekr and Xpeng Motors will begin delivering their electric vehicles to Thailand later this year while eyeing expansion to other Southeast Asian countries, as they seek further overseas growth amid slowing opportunities at home. Rivals such as SAIC, Great Wall Motor, and Hozon Auto are also making their EVs locally.

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Changan to construct $242 m plant in Thailand as Chinese EV brands rush to SEA

TechNode

Chinas Changan Automobile on Tuesday signed an agreement with Thailands Board of Investment in Beijing to build a $241.7 million electric vehicle factory in the countrys coastal Rayong province, the latest development by Chinese automakers to expand their reach in the global car market.

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Australia-based Employment Hero raises $45M AUD for its global expansion

TechCrunch

Its Series D will be used to support growth in those markets, and enter new Southeast Asian countries, including Thailand, Vietnam, Indonesia and the Philippines. Localized versions of Employment Hero include pre-built employment contracts and policies that comply with local laws. 6 VCs share their bets on the future of work.

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HitPay is a one-stop solution for SMEs

TechCrunch

million in Series A funding led by Tiger Global, with participation from returning investors Global Founders Capital and HOF Capital. It is currently used by over 10,000 merchants in Singapore and Malaysia, with plans to expand into more Southeast Asian markets, including Thailand, Indonesia and the Philippines.

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