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…
Australian instant online grocery supermarket VOLY raises $13M seed round led by Sequoia Capital India
VOLY has raised AU$18 million ($12.89 million) in one of the nation’s largest ever seed rounds led by Sequoia Capital India, with increased backing from Global Founders Capital…
Malaysian securities regulator revises SPAC framework
The revised SPAC framework will take effect on Jan 1, 2022.
Singapore social music platform BandLab raises $53M Series B led by Vulcan Capital
BandLab has raised its first funding round involved outside investors. Led by Vulcan Capital with notable participation from K3 Ventures as well as existing investor Caldecott…
Indonesian O2O automotive startup Otoklix raises $10M Series A funding co-led by Alpha JWC Ventures and AC Ventures
Otoklix has raised $10 million from Alpha JWC Ventures and AC Ventures. Sequoia Capital India’s Surge, and angel investors including Indonesia’s largest automotive conglomerate…
