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Today: October 1, 2024
July 8, 2024
1 min read

Headlines: Gentle Group’s SGD 2M win, DealCart’s seed funding, China deals

TLDR:

  • The Gentle Group in Singapore raises SGD 2 million for textured-modified food solutions.
  • DealCart in Pakistan secures USD 3 million in seed funding for social commerce.

The Gentle Group, a Singapore-based social enterprise, has raised SGD 2 million in investment to expand its production capacity for textured-modified food solutions and serve more individuals with dysphagia. The company plans to triple the number of meals served annually, expand into new markets like Taiwan and Thailand, and provide training programs for healthcare professionals. DealCart, a social commerce startup in Pakistan, raised USD 3 million in seed funding to provide affordable essential goods to low- and middle-income consumers across the country.

In China, several tech companies have secured funding rounds for various purposes, such as technology R&D, market expansion, and product development. Companies like Xinzeyuan, Ninetech, Volant Aerotech, INR Technology, Boundary.AI, Loong Coffee, LiangDao Intelligence, ClonOrgan, Yanrong, Tomi Shuangdu Optoelectronics, and Original Tech have received significant investments for their growth and development.

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