Singapore’s VE Technology raises $21.9M in funding led by Mox Capital
VE Technology Group, a Singapore-based enterprise tech ecosystem, has announced a SGD 30 million ($21.9 million) funding round led by alternative investments think-tank Mox…
E-Conomy SEA 2023 report: Southeast Asia’s digital economy is set to hit $100B in revenue
Southeast Asia (SEA)’s revenue from the digital economy is poised to hit $100 billion this year, growing 1.7 times as fast as the region’s gross merchandise value (GMV), Google,…
Softbank-backed WeWork plans to file for bankruptcy – report
Shares of WeWork plunged following the bankruptcy plan news. WeWork shares fell by more than 40 percent in after-hours in New York trading on Tuesday.
Carousell partners YouBiz to boost digitalization among startups in Singapore
Two leading homegrown start-ups in Singapore, Carousell and YouBiz, have on Wednesday announced a strategic partnership to help local small and medium-sized enterprises (SMEs) and…
Funding into Mental HealthTech startups takes a hit in 2023: Tracxn
Funding into Mental HealthTech startups takes a hit in 2023 due to the ongoing economic slowdown and other macroeconomic factors affecting the cash flow globally, Tracxn said…
Indonesian startup Mimin expands Generative AI services to Malaysia and Singapore
Mimin, the Indonesian platform enabler revolutionizing customer service through artificial intelligence (AI)-driven chat, has announced its expansion into Malaysia and Singapore.
Empowering excellence: Women at the forefront of cyber resilience
The #cybersecurity industry has historically been characterized as a male-dominated field. This industry has seen a great scarcity of women forging a career within its ranks. In…
Lessons from the fallout of JPEX: Rethink compliance in crypto business
The industry desperately needs to refresh how it does marketing to avoid lasting reputation damage.
Malaysia’s Vircle receives venture capital injection from Kumpulan Modal Perdana, Gobi Partners
Vircle, a Malaysian neobanking service provider, has successfully secured venture capital (VC) funding for its seed round from co-lead investors Kumpulan Modal Perdana (KMP), a…
India’s Aequs raises $54M in funding round led by Singapore-based Amansa Capital
Precision manufacturing company Aequs Pvt. Ltd., has raised $54 million in a fresh round of equity funding led by Singapore-based Amansa Capital, which brings on board five new…
SHEIN acquires British women fashion brand Missguided
SHEIN, a Singapore-based online fashion and lifestyle retailer, has announced the acquisition of Missguided, a British women's fashion brand, from Frasers Group. The acquisition…
Fusang Exchange tokenizes and lists digital sukuk backed by IILM
Fusang Exchange, a Malaysia-based digital stock exchange operator, has on Monday announced the successful tokenization and listing of a digital sukuk representing the…
Indonesia’s GoTo reports significant drop in third quarter losses
PT GoTo Gojek Tokopedia Tbk (GoTo), the largest digital ecosystem in Indonesia, on Monday announced that the firm has reported significant drop in third quarter losses, driven by…
Singapore’s REDEX raises $10M in Series A funding led by Aramco Ventures
REDEX, a Singapore-based renewable energy certificates (RECs) solutions provider, announced Tuesday the successful completion of a $10 million Series A funding round. Aramco…
