L’Oréal Malaysia to double down on social commerce in 2022 to help 250 salons affected by the pandemic

L'Oréal will be doubling down on social commerce with an aim to roll out its social commerce initiative to 250 salons across Malaysia in 2022. 

Beyond affordable prices for premium items, Retykle’s circular fashion provides a sustainable solution to high-end apparel e-commerce [Q&A]

Retykle is Asia’s first online resale platform or buying and selling pre-loved high-end babywear, kids wear and maternity fashion. It was set up with the aim of providing users…

Indian B2B ecommerce marketplace Jumbotail raises $85M Series C round led by Invus

Jumbotail has raised an $85 million Series C round led by Artal Asia Pte. Ltd. Jumbotail will use the funds to triple its engineering, product, design, data science, category…

Vietnam’s Society Pass announces inclusion in Russell 2000 Index

Society Pass Incorporated (SoPa), the Vietnam-based data-driven loyalty platform, announced Tuesday that the company has been added to the Russell 2000 Index, effective at the…

Announcing the winners of the ORIGIN Innovation Awards 2021

The ORIGIN Innovation Awards recognizes outstanding startups, corporate innovators, and movers and shakers in the Asia Pacific region poised for growth. The awards celebrate the…

Southeast Asia’s Top 10 tech news in 2021

It’s that time of the year again when we take a look back at what had happened during the year in the tech and startup scene.

Malaysian fintech firm CapBay secures $7.1M from Kenanga Investment Bank

CapBay, a Malaysian multi-bank supply chain finance and peer-to-peer financing (P2P) platform, has secured MYR30 million ($7.1 million) investment from Kenanga Capital Islamic Sdn…

Restaurant Brands International Inc. partners with Ant Group to accelerate digital transformation of its restaurant operations across Asia Pacific

Restaurant Brands International Inc. (RBI) has announced a regional partnership to leverage Ant Group’s digital solutions to accelerate digital transformation of its restaurant…

Softbank, Tencent-backed Indian used car platform Cars24 raises $400M

The investment will be used for the brand’s global expansion in the Middle East, Australia, and Southeast Asia, and to further strengthen its foothold in the Indian market.

Designing for a better tomorrow

Many hands make light work, as the proverb goes. At the recent TechInnovation 2021 event, IPI and DesignSingapore Council (Dsg) launched the second edition of Design Think-Tank, a…

Malaysia-based Iris Capital Partners launches $37.8M Venture Debt Fund

The Iris Fund, established under the Dana Penjana Nasional program, is co-managed by Hanwha Asset Management and Iris Capital Partners aims to support Malaysian and Southeast…

Hong Kong music tech start-up Soundbrenner raises $1.5M funding from Choco Up

Hong Kong-headquartered music tech start-up Soundbrenner has raised $1.5 million funding from Singapore and Hong Kong-based financing and growth platform Choco Up, supporting…

Indonesia’s GoTo said to appoint banks for $1B local IPO – report

GoTo Group has picked PT Mandiri Sekuritas and PT Indo Premier Sekuritas as underwriters for a local IPO that could happen as soon as next quarter, Bloomberg reported.

Singapore fintech firm Sleek extends Series A round to $25M

Sleek has extended its Series A round to $25 million, with the participation of Singapore-based global investor EDBI and existing investors, in a mix of equity and debt. The…