Online brokerage Ajaib becomes Indonesia’s latest unicorn after raising $153M Series B round

The Jakarta-based startup has reached a valuation of $1 billion after raising $153 million in a financing round led by DST Global.

What does China’s emissions trading scheme mean for businesses?

Like many other businesses, we see major opportunities in China. Not only is its market size and market value vast, but its commitment to carbon neutrality can make a huge impact…

Philippines: Southeast Asia’s next big breakout market?

TechNode Global’s series on the Philippines will delve into why now, after years of depending on income from remittances, Filipino entrepreneurs and founders are attracting…

Grab to increase stakes in Indonesia-based e-wallet OVO to 90% – report

Grab has increased its holding in Ovo's parent company PT Bumi Cakrawala Perkasa from about 39 percent.

Malaysia-based PayHalal partners Atome to offer ‘Shariah-compliant’ BNPL options in Malaysia, Indonesia

The partnership further enhances the shopping and payment experience of shoppers and supports Muslim retailers and businesses with increased sales amid the pandemic.

Indonesia e-commerce firm Ula bags $87M Series B, ropes in Amazon’s Jeff Bezos as investor

The funding round was co-led by Prosus Ventures, Tencent and B Capital Group. Amazon founder Jeff Bezos's Bezos Expeditions also joined the round.

Luni Libes of Africa Eats on impact investing and building out services to fill in business infrastructure gaps in food & agri [Podcast Q&A]

Africa Eats is a novel investment holding company that takes 27 graduates from the Fledge accelerator and which answers the question of "how do you build out the food/ag supply…

SoftBank-backed Indian hotel aggregator OYO files draft papers for $1.14B IPO

The hotel aggregator's IPO plan also comes at a time when travel restrictions are being eased in many countries and the tourism sector is expected to rebound.

UK’s CDC Group backs Fatima Gobi Ventures’ Pakistan-focused fund

The new funds will boost Techxila Fund I’s investments in early-stage tech companies across Pakistan.

Updating a blockchain is forking hard!

If blockchain networks seek to stand the test of time and rebuild today's institutions for a decentralized, democratized world, governance will be a vital part of the mission.

Singapore-based Quincus raises Series B at over $100M valuation

Quincus looks to use Series B funding to continue expanding its footprint in Asia-Pacific, the Middle East, and select markets in Latin America, Europe, and North America.

Startup Studio Indonesia aims to incubate 150 startups by 2024

Startup Studio Indonesia has a preference for the following six sectors: education, health, maritime, agriculture, travel, and logistics but put more emphasis towards selection…

Improving the financial literacy of Singapore’s migrant workers

Much of our economy and society is built on the backs of migrant workers. They are equally valuable members of our community and deserve to be treated fairly. The first step to…