Aggregate Asset Management ties up with ADDX to list diversified deep-value equity fund
Global private market exchange ADDX has listed a deep-value equity fund, managed by Aggregate Asset Management (AAM), that uses machine learning to optimize investment strategy…
Antler announces $2M in funding for startups across Singapore and Indonesia
Antler, the Singapore-based early-stage venture capital firm, has invested another $2 million in 15 startups across Singapore and Indonesia. As a global investor, Antler has…
TikTok mulls investing in Indonesia’s GoTo to revive online shop – report
Indonesia is also among the first countries in Southeast Asia to push back against TikTok. Following the Indonesia restrictions, nearby Malaysia also said it is studying the…
Singapore fintech firm Lendela secures $5M in oversubscribed Series A round
Lendela, the Singapore-based digital loan matchmaking platform, announced Thursday its successful $5 million Series A funding round. The oversubscribed round was led by…
How Southeast Asia’s SMEs can benefit from digital transformation and cloud combined
#DigitalTransformation and #cloud are a powerful combination that #SMEs in #SoutheastAsia need to harness for continued growth and success.
Singapore’s Carro in talks to raise over $100M ahead of potential US IPO – report
Carro is also in the midst of securing “triple digit million dollar” financing from banks at around 5 percent annually.
UBS Optimus Foundation and Swiss Re Foundation invest over $2M to kickstart a new partnership with Terratai
Terratai, an Indonesia-based venture builder dedicated to driving investment into scalable nature-based companies, has announced a new partnership with UBS Optimus Foundation and…
Binance pleads guilty to US money laundering violations, CEO Changpeng Zhao steps down
Binance’s Founder and Chief Executive Officer, Changpeng Zhao, a Canadian national, also pleaded guilty to failing to maintain an effective anti-money laundering (AML) program, in…
Sam Altman will return as OpenAI CEO after staff threatened to resign
Altman’s departure follows a deliberative review process by the board, which concluded that he was "not consistently candid in his communications with the board", hindering its…
India’s Scapia raises $23M in Series A round led by Elevation Capital and 3STATE Ventures
Scapia, the India-based fintech company, has raised $23 million in its Series-A funding round, led by Elevation Capital and 3STATE Ventures. The round also saw participation from…
Hong Kong’s Klook supercharges innovation at scale with generative AI from Google Cloud
Google Cloud and Klook, Hong Kong's platform for experiences and travel services, have on Wednesday announced a collaboration to amplify Klook’s activity content and customer…
PropertyGuru posts net profit of $224,022 in third quarter
Singapore-based prop-tech firm PropertyGuru has returned to the black by achieving a net profit of S$ 300,000 ($224,022) in the third quarter ended September 30, 2023, as compared…
Wavemaker Partners leads $1.5M seed+ funding round for premier Indian faith-tech start-up VAMA
Wavemaker Partners, an early-stage venture capital firm based in Singapore, has led the seed+ funding round for premier Indian faith-tech start-up VAMA.app. Wavemaker Partners…
Singapore’s iFAST unveils digital hub in Malaysia
Singapore-based fintech platform iFAST Corporation Ltd. has announced the official launch of iFAST Global Hub.ai in Malaysia, a pivotal initiative in the group's three-year growth…
