NewsPhilippineseCommerceInvestments
Mom-focused e-commerce platform Edamama raises $5M pre-Series A for automation, logistics & product development
The company was established amid the pandemic by its founder Bela Gupta D’Souza, who saw the pain points of mothers as consumers when purchasing online. She said that it is common…
July 14, 2021
Robo-advisor & wealth management platform Syfe raises $30M Series B for product development & Asia expansion
The funds raised will be used to expand into new markets in Asia, invest in top talent and develop more high-quality investment products and services. Syfe has also pledged that…
July 14, 2021
Malaysia PropTech firm Speedhome eyes unicorn status in 3 years
Speedhome aims to expand regionally to 10 other metropolitan cities in the next five years, namely Bangkok, Manila, Jakarta, Taipei, Ho Chi Minh, Hanoi, Melbourne, Sydney, Hong…
July 13, 2021
NewseCommerceMergers and AcquisitionsSEAMalaysia
Carsome partners Catcha to create SEA’s largest digital automotive marketplace via $200M acquisition of iCar Asia
Catcha Group will become a shareholder of the Carsome Group in exchange for the sale of its shares in iCar Asia to Carsome.
July 13, 2021
FinTechTNGlobal Q&A and InterviewsPhilippines
Without legacy infrastructure, cloud-native digital banks are faster & more innovative than traditional banks, says UNObank CEO Manish Bhai [Q&A]
Singapore-based FinTech UNObank was granted the first new digital banking license under the Digital Banking License framework of the Bangko Sentral ng Pilipinas. Manish Bhai…
July 12, 2021
TNGlobal InsiderSustainability
Tech is key to cost-effective sustainability reporting
Harnessing AI to automatically extract and compile data from disparate sources, it is possible to instantly calculate and report a company’s energy consumption and emissions, as…
July 12, 2021
SingaporeSEATNGlobal Q&A and Interviews
Gender diversity gap is ‘definitely stark’ in VC industry, says Quest Ventures’ Goh Yiping [ORIGIN Innovation Awards Q&A]
Goh said she enjoys setting an example that a female VC can be as logical, as non-emotional, as strong in dealmaking, as battle-tested, if not more than her male counterparts.
July 12, 2021
NewsInvestmentsDeep TechSingapore
Singapore BioTech startup Allozymes secures $5M Seed fund led by deeptech VC investor Xora Innovation
Allozymes plans to use its seed fund to establish its roots in Singapore and establish its manufacturing and business infrastructure in order to meet its projected demand in the…
July 10, 2021
NewsEdTechIndonesiaInvestments
Jakarta-based EdTech platform GREDU secures $4M Series A for local expansion and product development
Since its launch in September 2016, GREDU has grown its platform, which is currently being used by over 400 schools, bringing its total user base to roughly 400,000. The startup…
July 10, 2021
SingaporeInsurTechStartup ProfilesTNGlobal Q&A and Interviews
InsurTech startup PolicyPal addresses pain points faced by policyholders [ORIGIN Innovation Awards Q&A]
PolicyPal Founder and CEO Val Yap shares her story of how personal challenges led her to start a company that digitalizes insurance comparison and management. She also offers…
July 9, 2021
NewsInvestmentsMalaysiaLogistics
Pickupp to expand presence in Malaysia after completing Series A and A+ funding co-led by PChome, Cornerstone Ventures
Pickupp Malaysia plans to expand coverage of more territories in Malaysia, grow its workforce of delivery agents, and continue investing in technology to further improve its…
July 9, 2021
Global founder collective MAGIC Fund raises $30 Million Fund II to continue backing early-stage startups
MAGIC Fund II is currently looking at global startups that are focused on building infrastructure while delivering a quality customer experience. The firm typically writes checks…
July 8, 2021
NewsBiotech / MedTechSingaporeInvestments
MiRXES secures $77M Series C funding to accelerate multi-cancer early detection pipeline
Led by CR-CP Life Science Fund, this new capital will support MiRXES’s growth as a global leader in cancer early detection tests and preventive healthcare.
July 8, 2021
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