Indonesia BNPL firm Kredivo plans go public via via $2.5B SPAC merger

Public listing expected to enable Kredivo’s continued growth in Indonesia, expansion into regional markets, and the ability to enter new business lines.

China’s Huawei to invest $100M in Asia Pacific startup ecosystem over 3 years

The investment would go towards its Spark Program in the Asia Pacific region, which aims to build a sustainable startup ecosystem for the region over the next three years.

Vietnam’s Loship raises $12M in pre-Series C funding led by BAce Capital, Sun Hung Kai & Co

Loship marks a Vietnam foray for both of the lead investors BAce Capital and SHK & Co, as part of their strategies to capture the emerging market opportunities in Southeast Asia.

Indonesia’s Traveloka in talks to raise up to $400M for SPAC deal – report

The fundraising, a so-called private investment in public equity (PIPE), would be part of a deal to merge the online travel startup with Bridgetown Holdings Ltd as soon as this…

Singapore FoodTech startup Hoow Foods raises $2.22M pre-Series A, launches new plant-based subsidiary Hegg Foods

The company is currently planning its pilot-scale production and is working on plans to commercialize HEGG by the first half of 2022.

Pandemic has served as a catalyst for accelerating ESG innovation in Southeast Asia, says Ee Ling Lim of 500 Startups [Q&A]

In this TechNode Global Q&A with Ee Ling Lim, Head of APAC Business Development, 500 Startups, we learn how the pandemic has served as a catalyst for companies in the region to…

BigPay banks on AirAsia’s ecosystem, consortium’s banking expertise to vie for digital banking license in Malaysia [Q&A]

In the interview, Dhanani also shared BigPay’s plans and strategy on how to serve the “underserved and unserved” segment in Malaysia.

Temasek, SoftBank invest in India EdTech unicorn Unacademy’s Series H funding round

The latest fundraise takes the valuation of Unacademy Group to $3.44 billion.

Guschcloud International launches celebrity NFT collection in partnership with Robin8 and ToKAU Japan

Gushcloud International has announced that it has teamed up with AI-powered influencer platform Robin8, as well as global NFT platform ToKAU Japan to create NFT collectibles, in…

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