Tencent, Sony buy 30.34 percent stake in Japan’s FromSoftware for $260M
Hong Kong-based Tencent Holdings Limited and Japan-based Sony Group Corporation have acquired 30.34 percent stake in Japanese game developer FromSoftware for 36.4 billion yen…
Singapore’s Carro achieves profitability in FY22 as revenue more than doubles
Singapore-based online used car retailer Carro achieved profitability in its last financial year (FY2022) as its revenue more than doubled to S$650 million ($463.49 million).
Singapore awards Taiwan’s Gogoro sandbox pilot
Gogoro Inc, a Taiwan-based battery swapping ecosystems provider announced Thursday that Singapore’s Land Transport Authority (LTA) has awarded it with a sandbox pilot to deploy…
Declout Ventures leads $4.5M investment in Charged Indonesia
Singapore-headquartered DeClout Ventures Pte. Ltd. has led a $4.5 million investment in Indonesia-focused e-mobility scale up Charged Indonesia, as part of their inaugural funding…
Li Ka-shing-funded Horizon Ventures ‘sees gold’ in Southeast Asia – report
The investment firm has set up a Singapore office earlier this year. Its notable exits include include Meta, Razer, and Zoom, data platform Crunchbase showed.
Singapore’s Starboard raises $3.5M pre-series A funding led by Monk’s Hill Ventures
Starboard, a Singapore-based platform for founders to start and run their companies globally, announced Thursday its $3.5 million Pre-Series A funding round led by Monk’s Hill…
Singapore’s Silence Laboratories raises $1.7M seed funding led by Pi Ventures
Silence Laboratories, a web3 focused cybersecurity startup headquartered in Singapore, said Thursday it has closed a $1.7 million round in a seed funding, led by Pi Ventures. The…
Standard Chartered and FairPrice launch Trust digital bank in Singapore
Trust Bank (known as Trust), which is backed by Standard Chartered Bank and FairPrice Group, announced Thursday its official launch as the digital bank for Singapore. Trust is the…
Vietnamese insurtech firm Medici raises Series A funding for technology infrastructure
The emerging insurtech and healthtech platform based in Vietnam Medici has been backed with an undisclosed amount in Series A funding from its existing investors, including lead…
Reduce volatility in telco churn to drive massive profitability
The most forward-thinking brands like amaysim are changing how they view customer engagement and they are increasing retention budgets as they go, recognizing that keeping a…
Grab and Singtel launch Singapore’s first digital bank
GXS Bank (GXS) which is backed by a consortium consisting of Grab Holdings (Grab) and Singtel on Wednesday launched Singapore’s first digital bank for consumers and businesses.…
Indonesia’s KLAR Smile bags $4.55M pre-series A funding co-led by AC Ventures and East Ventures
Klar Smile, an oral wellness startup in Indonesia, announced Tuesday that it raised a $4.5 million pre-series A funding round co-led by AC Ventures and East Ventures. Other…
Singapore’s iPiD secures $3.3M seed funding to grow industry support and senior hire
Singaporean FinTech start-up iPiD announced Tuesday a $3.3 million seed funding round by strategic investors Rapyd Ventures, Jungle Ventures, 1982 Ventures, Resolution Ventures,…
GoTo’s 2Q revenue up 45 percent to $370.38M
PT GoTo Gojek Tokopedia Tbk (GoTo), the largest digital ecosystem in Indonesia, announced Tuesday its gross revenue for the second quarter of 2022 increased by 45 percent year on…
