Carsome expands Malaysia-based regional headquarters

Southeast Asia’s largest integrated car e-commerce platform Carsome announced Wednesday the expansion of its regional headquarters in Malaysia, which signifies the company’s…

XLD Finance raises $13M pre-series A funding led by Dragonfly Capital and Infinity Ventures Crypto

XLD Finance, a borderless decentralised ecosystem that provides financial tools to emerging economies, announced Wednesday that it has successfully raised $13 million during the…

B Capital closes $250M early-stage fund dedicated to building the economy of the future

B Capital, a global multi-stage investment firm, announced Wednesday the $250 million close of Ascent Fund II (Ascent), its first dedicated early-stage fund.B Ascent invests in…

India’s Ola to invest $500M in battery innovation and indigenous cell R&D

la Electric, India’s largest electric vehicles (EV) company, announced Monday the investment of $500 million for setting up its state-of-the-art battery innovation center (BIC) in…

ADA acquires SingPost’s eCommerce unit to expand eCommerce solutions across APAC

ADA, the regional integrated end-to-end eCommerce practice, said Tuesday it has acquired SingPost’s eCommerce arm. This deal, which includes the unit’s assets and staff, will…

Phillip Securities becomes first brokerage firm in Asia to offer US Market Making service during Asian market hours

Phillip Securities, the brokerage arm of PhillipCapital, launched the US Asian Hours on 19 July 2022, which facilitates the trading of 38 US-listed equities and exchange-traded…

Singapore’s Fintonia awarded provisional virtual assets license in Dubai

Fintonia Group, an entrepreneurial financial services company based in Singapore, announced Tuesday that it has secured a provisional virtual asset license granted by the Dubai…

AnyMind Group raises $29.4M in Series D funding to drive next-generation commerce

AnyMind Group, an end-to-end commerce enablement company has announced on Tuesday that it has raised ¥4 billion (approximately $29.4 million) in its Series D funding round, with…

Indonesia’s Pintarnya raises $8M seed fund from East Ventures and VVSEAI

Pintarnya, one-stop digital platform for blue collar workers to find employment opportunities in Indonesia, announced Tuesday it has raised $8 million from East Ventures and…

Techsauce Global Summit to return to Bangkok in physical form

Techsauce Global Summit 2022 is Southeast Asia’s largest tech event. The innovative conference takes place on the 26th and 27th of August at ICONSIAM, Bangkok, Thailand. Now in…

Vietnamese fintech startup MFast raises $2.5M funding led by Ascend Vietnam Ventures

Vietnamese financial service app MFast announced Monday it has raised $2.5 million in a funding round led by Ascend Vietnam Ventures with participation from Wavemaker Partners and…

Indonesian social commerce platform KitaBeli raises $20M funding led by Glade Brook

KitaBeli, the largest fast-moving consumer goods (FMCG) social commerce platform for consumers in Indonesia’s second-and third-tier cities, announced Monday that it has closed a…

URECA introduces leading technology to democratise access to carbon credits

URECA introduced on Monday a proprietary technology and platform that is set to democratise the access to carbon credits globally.