Day: January 26, 2022

Green Monday Group’s David Yeung on how FoodTech is addressing global food security and environmental concerns [ORIGIN Innovation Awards Q&A]

OmniFoods has a mission to innovate food that will treat the planet right, treat animals right and treat consumers right. The company's established food scientist team in Canada innovates food 2.0 based on Asian eating culture and cooking habits while ensuring that the ingredients are cruelty-free, cholesterol-free, antibiotic-free, and hormone-free.

Philippine E-commerce enabler Etaily banks $4.3M round to drive regional expansion, O2O platform

Etaily, a fast-growing Philippines-based e-commerce-enabler led by former Zalora executives, announced today that it has wrapped up a $4.3 million seed extension round, on top of its initial $1.6 million funding round announced in August 2021.

VinFuture Prize Chair Professor Sir Richard Henry Friend on opportunities in science and discovery [Q&A]

"I think that world is still there to be discovered. As we make progress with our technologies, we will discover more. All the exciting examples turn out to have an unexpectedness about them. It wasn't a linear process towards the end. And that's how science should be."

Carsome

Malaysia car e-commerce platform Carsome Group appoints ex-AirAsia officer Ravi Shankar as chief marketing officer

Carsome has appointed Ravi Shankar Mallavarapu as its Chief Marketing Officer (CMO) to head multidisciplinary functions and continue driving Carsome’s leadership in all marketing-related aspects.In his new role, Mallavarapu will oversee brand, marketing, digital, social media, public relations, growth, market research and customer experience.

Singaporean logistics firm Inteluck raises $15M Series B funding led by Creo Capital

Inteluck has raised $15 million in a Series B fundraising round led by Creo Capital. East Ventures and Headline Asia are among the investors in this round,

KKR leads series C round in Philippine B2B platform GrowSari with $45M investment

KKR and GrowSari announced Wednesday the signing of definitive agreements under which KKR will invest $45 million to lead GrowSari’s Series C funding round. KKR’s investment in GrowSari will support the company’s expansion into more regions across the Philippines and strengthen its financial services capabilities,

Indonesian ecommerce enabler SIRCLO acquires retail platform Warung Pintar to strengthen omnichannel services for MSMEs

Indonesia’s e-commerce enabler company SIRCLO announced Wednesday its acquisition of Warung Pintar, a technology-based retail company that provides a range of digital products and services for the micro-retail (warung) business ecosystem. Post-acquisition, Warung Pintar is incorporated into the SIRCLO Group to offer a comprehensive omnichannel solution for…

Thailand sets guidelines on the usage of digital assets as payment

The Bank of Thailand (BOT), the Securities and Exchange Commission (SEC), and Ministry of Finance (MOF) in Thailand have jointly reviewed the benefits and risks of digital assets, and deem it necessary to regulate the usage of digital assets as a means of payment for goods and services, to avert potential impacts on the country's financial stability and…

Malaysia’s MDEC to partner with Asean Fintech Group to facilitate funding opportunities to Malaysian tech companies

The Malaysia Digital Economy Corporation (MDEC) in collaboration with ASEAN Fintech Group (AFG), announced Wednesday a strategic partnership to enhance initiatives aimed at scaling up Malaysian fintech companies. Their collaborative efforts will focus on three key areas, namely deal flows, fintech ecosystem support and joint amplification. MDEC will curate…

Indian crypto investment startup Flint banks $5.1M funding led by Sequoia Capital India and GFC

Flint has raised a $5.1 million seed round led by Sequoia Capital India and GFC. Coinbase Ventures, Hashed, IOSG, Better Capital and MSA Capital also participated in the round as part of 11 institutional investors. Over 60 angel investors across the globe also participated in this funding round.