<ul data-eligibleForWebStory="true"><li>SC Ventures has increased funding for its in-house ventures audax and TASConnect with $5.6 million and $7.4 million injections respectively, as per filings reviewed by DealStreetAsia.</li><li>audax, launched in 2023, offers Banking-as-a-Service and digital infrastructure in Asia, while TASConnect, started in 2022, provides a supply chain finance platform for large corporates independent of banks.</li><li>TASConnect recently acquired SOLV's Malaysian unit to expand its regional presence and enhance cost efficiency, with plans to target SOLV’s Vietnam arm. SC Ventures has also invested $5 million in SOLV.</li><li>SC Ventures, known for venture building and strategic investments in startups, has launched 19 ventures, holds stakes in 20 portfolio companies, and has invested in companies like SOLV, Furaha, and FourTwoThree.</li></ul>

SC Ventures Scales Up Funding in audax and TASConnect

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