India’s Vegrow raises $46M in Series C funding round led by GIC

Vegrow, an India-based business to business (B2B) fruits marketplace, announced it has raised $46 million in primary and secondary funding. The new funding round is led by GIC,…

Tracxn : Indonesia sees 54 percent decline in startup funding in 2023

Indonesia has witnessed total funding of $1.4 billion year to date, a drop of 54 percent as compared to the same period in 2022, Tracxn said Wednesday. The number of funding…

Animoca Brands and T&B Media Global partner to expand ecosystem capabilities in Web3 space

Hong Kong-based gaming company Animoca Brands and Thailand-based Intellectual Property (IP) company for entertainment technologies T&B Media Global (T&B) have announced a…

Singlife launches Singlife Connect 2.0 to continue supporting insurtech startups in Singapore

Singapore-based financial services company Singlife has launched the second edition of its in-house accelerator program, Singlife Connect. The accelerator program supports and…

917 Ventures hopeful to see more unicorns in Philipines, FinTech among the hottest sector [Q&A]

In the interview, Glenn Estrella also shared how 917 Ventures seeks to enter into more strategic partnerships in its home country - the Philippines - and across Southeast Asia. He…

South Korea’s LINE NEXT raises $140M to expand Web3 ecosystem

LINE NEXT Corporation., South Korea-based LINE’s venture dedicated to developing and expanding the non-fungible token (NFT) ecosystem, announced Wednesday that it has secured a…

Tracxn: Vietnam’s year-to-date funding falls to lowest since 2019

Vietnam has secured the fourth position in 2023 based on year-to-date (YTD) funding, marking the lowest funding year for the region since 2019. The Vietnamese tech startup…

Taiwan’s Gogoro launches battery swapping ecosystem in India, unveils India-made CrossOver smartscooter

Gogoro Inc., a Taiwan-based technology leader in battery-swapping ecosystems that enable sustainable mobility solutions for cities, has on Tuesday announced the immediate…

person holding smartphone beside tablet computer

Beyond eastern borders: Exploring 2024 Asia Pacific payment trends 

In a region that one could argue is the birthplace of #QR code-based payments and #ewallets, the further adoption of mobile technology and digital wallets across the region has…

IFC, Bank of the Lao PDR strengthen partnership to boost green finance, achieve climate goals

The collaborative effort to boost green finance between IFC and the bank has been strengthened with a new cooperation agreement signed on Tuesday. This enhanced partnership aims…

Tracxn: SEA tech startups continue to see a downward trend as funding falls 65 percent in 2023

The Southeast Asia (SEA) Tech sector received a total funding of $4.3 billion in 2023 year to date (till December 5, 2023), a 65 percent plunge from $12.4 billion raised in the…

Indonesia to audit TikTok, Tokopedia trial e-commerce tie-up – report

"We will give a three to four months period for trial because technology is not an easy thing. Maybe efforts to perfect it would be needed," Indonesia's Trade Minister Zulkifli…

Singapore’s Sweef Capital makes strategic investment in Vietnam’s USM Healthcare

Singapore investment firm Sweef Capital has made strategic investment in Vietnam-based USM Healthcare to increase access to affordable medical devices and orthopedic products.

SingPost collaborates with Google Cloud to accelerate its digital transformation journey

Cloud computing services firm Google Cloud and postal and eCommerce logistics provider Singapore Post Limited (SingPost) have on Tuesday announced a strategic collaboration to…