[TechinAsia Repost] Yup, a Southeast Asia-based digital bank, has raised US$32 million in its C-1 equity round led by US investment firms Moore Strategic Ventures and Spice Expeditions, with support from other institutional and existing investors. The new funding brings Yup’s total equity raised to over US$100 million since its founding in 2021. The company will use the funds to expand its customer base and enhance its digital banking offerings for underbanked and underserved segments in the region. Yup currently serves millions of credit card holders and aims to reach break-even by the end of 2025. Yup’s latest fundraising comes as global investors show increased interest in Southeast Asia’s payment and fintech sector, citing growth potential in markets like Indonesia.
SWC Global
Investment Management
Singapore, Singapore 5,782 followers
SWC is an affiliate of a leading multi-billion venture capital firm based in Asia.
About us
SWC is an affiliate of a leading multi-billion venture capital firm based in Asia. We are invested in some of Asia's leading companies, including over 40 unicorns and 12 decacorns. We invest in founders to help them build disruptive technologies or business models in emerging megatrends. SWC is currently building a new office in Singapore and we are hiring passionate, self-motivated and driven individuals to join us.
- Website
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http://www.swcglobal.com
External link for SWC Global
- Industry
- Investment Management
- Company size
- 2-10 employees
- Headquarters
- Singapore, Singapore
- Type
- Privately Held
- Founded
- 2020
Locations
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Primary
143 CECIL STREET
GB BUILDING,
Singapore, Singapore 069542, SG
Employees at SWC Global
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Tuck Lye Koh
Venture Capital
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Rohit Garg
Vice President, Investments @ SWC Global | IIM Bangalore | IIT Bombay
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Svetlana Prodius
Product Manager & Product Designer | Product Owner | Growth, Monetization, Onboarding & Activation | ML Personalization & Recommender Systems | A/B…
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Karen L.
Venture Capital | Southeast Asia & Global Chinese Founders
Updates
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We're #hiring a new Analyst Intern in Singapore. Apply today or share this post with your network.
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Position: Analyst Intern Department: Investment Team Location: Singapore SWC Global is an affiliate of a leading multi-billion venture capital firm based in Asia. We invest in founders to help them build disruptive technologies or business models in emerging megatrends. What will you do: • Conduct independent in-depth research on selected companies and industry. Generate and present key results. • Assist in post-investment management and any other matters, as required. What do we expect you have: • Bachelor's degree with a record of high academic achievement. • Strong desire to learn continually. • Excellent analytical and quantitative skills. • Relevant experience in investment banking, management consulting, private equity and venture capital. • Master students who are passionate and driven are also welcomed to apply. Please attach your CV and submit your application via [email protected]
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Congrats to Siddharth DUNGARWAL and the SNITCH team on closing the Series B round! We’re proud to continue supporting Snitch as it builds one of India’s most exciting D2C menswear brands—fast-moving, digitally native, and now boldly expanding offline and globally. Excited for what’s next! 🚀 #SWCGlobal #SeriesB #Snitch #D2C #Menswear #IndiaStartups
5 years of relentless execution. And this is just the beginning 🙌🏻🙌🏻. Excited to announce SNITCH has officially closed its series B round, welcoming our newest partner Chetan Naik of 360 ONE Asset with participations from our existing investors IvyCap Ventures and SWC Global. Ashish Wadhwani and Tuck Lye Koh along with a few prominent angels like @ravi modi of Vedant Fashions Limited - Manyavar-Mohey and others. And my 2 rockstars who have always pushed us Rohit Garg and Aashish Vanigota This fundraise is a backing to our belief that Indian fashion can move with speed, scale and confidence, and truly compete at a global stage. With 120% YoY growth, 55+ stores with strong unit economics, and strong loyal customer base, we’re stepping into a bigger league, building a world-class brand with India at its heart and agility at its core. As we gear up for global expansion and soon enter the public markets, this marks a bold step towards creating one of India’s most iconic fashion stories. A moment of pride for the entire SNITCH family,this truly is a validation for all the efforts and dedication each team member has put in. A big thank you to Vineet Satija , Aditya Agarwal and Kapil Topani from PwC India for finding us the perfect match in 360 ONE Asset who truly believe in our vision and Rishabh Gupta of JSA as our legal counsel. Its time to bend down and work.. 🙌🏻 Aniket Singh Maruthy Ramgandhi Chetan Siyal Puneeth Jain Naveen Jain S L Praveen H K Mahadevan Pillai
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We are looking forward to working with you guys to bring English fluency to the world, through Stimuler’s GenAI enabled app! #GenAI #Edtech.
CEO, Stimuler (Best AI App of 2023 by Google || Backed by Lightspeed), prev debated @World Championships , IIT BHU’23 batch
3 Years back - Started Stimuler App in IIT BHU hostel with best friends (Anesh, Ankit, Akshat) to solve for English fluency Today- Announcing our $3.75Mn fundraise by Lightspeed India, SWC Global, M Venture Partners (MVP) and more amazing investors to build a population scale consumer platform from 🇮🇳 that the entire 🌍 admires for decades to come :) THIS IS OUR STORY!!
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We are looking forward to our partnership with Nitin Vinod Kalra to build Let's Try into one of the top snacking brands in India! #india #venturecapital
Founder - “Let’s Try” | India’s National Renowned Rifle Shooter| Musician | Ex - ITC , Pepsico, Raymond’s |
Proud to share that Let's Try has raised $2.5M from SWC Global , Thanks to Tuck Lye Koh Rohit Garg & team for trusting Let's Try in achieving our next phase of growth ! Heartfelt thanks to Aman Gupta for being our first angel investor. & Wipro Venture Catalysts++ | India's 1st Multi-Stage VC 100Unicorns for believing in Let's Try vision ! Let's Try
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SWC Global is an affiliate of a leading multi-billion venture capital firm based in Asia. We invest in founders to help them build disruptive technologies or business models in emerging megatrends. SWC Global is hiring passionate and talented individuals to join us as interns. Positions offered will depend on credentials and experiences of candidates. Position: Analyst Intern Department: Investment Team Location: Singapore Duration: 3-6 months What will you do: • Conduct independent in-depth research on selected companies and industry. Generate and present key results. • Attend fundraising calls and meet with founders. • Assist in post-investment management and any other matters, as required. What do we expect you have: • Bachelor’s degree with a record of high academic achievement. • Strong desire to learn continually. • Excellent analytical and quantitative skills. • Relevant experience in investment banking, management consulting, private equity, venture capital. • Fresh graduates and final year college students who are passionate and driven are also welcomed to apply. Please attach your CV and submit your application via [email protected]