NewsIndonesiaFinTechTransportation
Indonesia’s GoTo achieves positive Adjusted EBITDA
GoTo expects to capture additional growth in broad user demographics in its core On-Demand Services and Financial Technology segments more cost-effectively across the expansive…
October 31, 2024
Discover Vietnam TechAIVietnamVenture BuildingFeaturesTNGlobal Q&A and Interviews
[Discover Vietnam Tech] Recent interest by Big Tech provide great opportunity for Vietnam, says Touchstone Partners ex-Venture Partner Bobby Liu
In the interview, Touchstone Partners ex-Venture Partner Bobby Liu shared the opportunities and challenges, the funding environment, emerging trends in the tech ecosystem in…
October 31, 2024
MAS announces establishment of Global Finance & Technology Network for next phase of FinTech growth
MAS announced Wednesday the establishment of the Global Finance &Technology Network (GFTN) to further strengthen Singapore as a global FinTech hub and enhance global connectivity…
October 30, 2024
NewsVietnameCommerceInvestments
Vietnam’s Coolmate bags $6M Series B funding led by Vertex Ventures SEA & India
The investment will accelerate Coolmate's international expansion, product innovation and omnichannel retail presence across Southeast Asia.
October 30, 2024
NewsVenture BuildingSingaporeVenture Capital
NUS & NTU to launch $37.8M startup incubator program
The new program will be a comprehensive incubator program designed to bridge the gap between scientific research and market application. It will support startup teams by helping…
October 30, 2024
NewsInvestmentsVenture CapitalMalaysiaVenture Building
MDEC establishes strategic partnerships with Singapore’s Ascent & Indonesia’s Central Capital Ventura with $45M capital investment
The combined funding will be instrumental in fostering the growth of Malaysian startups, particularly in line with Malaysia’s KL20 initiatives, and reinforcing our country’s…
October 30, 2024
From hair growth to weight loss, how Hims is turning the traditional healthcare industry on its head
Entrepreneurs are often faced with a challenge: how to avoid having their ideas and business models quickly copied by established companies. I would like to share the example of…
October 30, 2024
NewsVietnamMalaysiaSocial Media
Vietnam’s PangoCDP secures $1.5M seed funding led by Kairous Capital to revolutionize business-consumer connections via social chat apps
With this new investment, PangoCDP plans to accelerate its product development, enhance its platform's capabilities, and expand its market reach. The funding will also be…
October 29, 2024
HKSTP leads delegation of 25 Hong Kong tech ventures to Middle East Market at Saudi Arabia’s FII8
Earlier this month, the Future Investment Institute published the white paper “Hong Kong’s Dual Focus on Sustainable Investment and Green Innovation” written by HKSTP. It…
October 29, 2024
UK-based Loqate partners with GrabMaps to enhance location data capabilities in Southeast Asia
The partnership accelerates Loqate’s expansion in Southeast Asia and enables businesses to improve data accuracy, ensure delivery success and provide exceptional customer…
October 29, 2024
NewsSustainabilityFinTechMalaysia
Gobi Dana Impak Ventures invests in Malaysia’s fintech firm DCAP
This investment, made through the Gobi Dana Impak Ventures (GDIV) fund backed by Khazanah Nasional Berhad, aligns with Khazanah’s Dana Impak mandate. Gobi’s investment will help…
October 29, 2024
NewsCybersecurityVenture CapitalSingaporeInvestments
US-based cybersecurity firm Armis raises $200M at $4.2B valuation, eyes IPO
Armis’ latest funding round was led by both top-tier investors General Catalyst and Alkeon Capital, along with existing investors Brookfield Growth and Georgian.
October 29, 2024
AWS Skills to Jobs Tech Alliance launches in Malaysia to stimulate tech talent ecosystem
In collaboration with the Malaysia Digital Economy Corporation (MDEC), the Tech Alliance aims to modernize tech programs of study at Malaysian higher education institutions,…
October 29, 2024
Venture CapitalNewsChinaIndiaAsiaInvestments
Global VC investment falls to lowest level in nearly 7 years as number of $1B+ deals falters – KPMG report
In Asia, VC investment fell from $18.5 billion to $15.6 billion quarter-over-quarter, while in Europe it dropped from $17.9 billion to $12.5 billion.
October 29, 2024
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