Indonesia’s Diri Care closes $4.3M seed funding co-led by East Ventures, Sequoia Capital India and Surge

Diri Care, an Indonesia-based consumer health technology startup, announced Thursday it has closed its oversubscribed seed round at $ 4.3 million, co-led by East Ventures and…

Hong Kong’s Insilico Medicine bags new investment led by Aramco-backed Prosperity7 Ventures

Insilico Medicine, a Hong Kong-based clinical-stage end-to-end artificial intelligence (AI)-driven drug discovery company, announced Wednesday that it has completed a second…

Brazil’s Votorantim and Singapore’s Temasek launch new $700M fund to invest in Brazil

Brazil-based investment firm Votorantim and Singapore state investor Temasek announced Wednesday a strategic partnership to explore new investment opportunities in growth capital…

CleverTap raises $105M in Series D funding round led by CDPQ

CleverTap, an India-founded business to business (B2B) software as a service (SaaS) platform for customer engagement and retention, announced Wednesday it has signed definitive…

Xpdite Capital Partners scouts opportunities in Southeast Asia with a focus on seed stage startups [Q&A]

In the interview, Lomnitz shared the challenges Xpdite faces when it invests in seed-stage startups and how they manage risks. He also shared his views on the startup ecosystem in…

What causes meme coins to have their parabolic runs?

While many such coins fade from the public eye eventually, the meteoric price runs of some begs the question: just what factors contribute toward a meme coin’s success?

Singapore’s Thunes expands into Saudi Arabia

Thunes, a Singapore-based cross-border payments company, announced Wednesday that it is accelerating the expansion of its services in the Middle East and North Africa (MENA)…

Ethis Group launches new Ethis Super Angel Syndicate

Ethical and Islamic investment, and social finance platform operator Ethis Group has on Tuesday re-launched the Ethis Super Angel (ESA), rebranding it as the ESA Syndicate this…

Google Cloud to bring its first cloud regions to Malaysia, New Zealand, and Thailand

Google Cloud on Wednesday announced its plans to bring three new Google Cloud regions to Malaysia, Thailand, and New Zealand, to meet growing demand for cloud services in Asia…

Vietnam’s Society Pass acquires Thai media firm Thoughtful Media Group

Vietnam-based loyalty and ecommerce firm Society Pass Inc (SoPa), on Wednesday announced the acquisition of Thoughtful Media Group (TMG), a social commerce-focused, premium…

Grab Philippines acquires motorcycle taxi firm MOVE IT

Grab Philippines has announced that it has acquired motorcycle taxi firm MOVE IT’s business operations. Backed by Grab and MOVE IT’s shared commitment towards safe and reliable…