TECH NEWS

SMBC Asia Rising Fund Bets Further on India’s Fintech Infrastructure

SMBC Asia Rising Fund has recently announced follow-on investments of around USD 12–15 million across three of its existing fintech portfolio companies: Easy Home Finance, Vayana and DPDzero. The fresh capital reflects the fund’s continued focus on India’s financial services ecosystem, particularly businesses building infrastructure around credit, lending and financial access.

The investments come at a time when India’s fintech story is moving beyond digitization alone. As financial services mature, the opportunity is increasingly shifting toward platforms that can improve credit access, strengthen lending infrastructure, support capital efficiency and build scalable rails for institutions as well as borrowers.

Follow-On Capital Across Three Fintech Companies

The new investments have been made alongside key milestones at each company. Easy Home Finance recently raised a USD 30 million Series C round to expand its affordable housing finance business. Vayana has received follow-on participation through primary and secondary investments from existing shareholders after receiving...

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Hyundai says it would make Boston Dynamics a wholly owned subsidiary by acquiring SoftBank's ~10% stake; Hyundai bought an 80% stake in Boston Dynamics in 2021

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The Pinwheel Home is a retro-inspired landline phone that will keep your kids safe from doomscrolling

* The Pinwheel Home is aimed at kids aged 5-10 years * It only makes phone calls to approved contacts * There's an optional subscription for calling real numbers The question of how much time young people should spend on their smartphones and social media has dominated the headlines in recent

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Filing: AST SpaceMobile delays the launch of its satellite-to-phone service to 2027 after the Blue Origin mishap and plans to raise $1B in convertible notes

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A better way to turn 2D designs into 3D models for rapid prototyping

Engineers often use vision-language models to produce new designs, such as for airplane or automobile components. To simulate how those components will perform in realistic situations, they’ll use tried-and-true computer-aided design (CAD) software to generate 3D models of those designs, which they can put through virtual crash or durability

Follow-On Capital Across Three Fintech Companies

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Hyundai says it would make Boston Dynamics a wholly owned subsidiary by acquiring SoftBank's ~10% stake; Hyundai bought an 80% stake in Boston Dynamics in 2021

The Pinwheel Home is a retro-inspired landline phone that will keep your kids safe from doomscrolling

Filing: AST SpaceMobile delays the launch of its satellite-to-phone service to 2027 after the Blue Origin mishap and plans to raise $1B in convertible notes

A better way to turn 2D designs into 3D models for rapid prototyping