Southeast Asia’s superapp Grab to implement cost cuts, cites uncertain macroeconomic situation – report
Tan said the company has been cautious with how it has spent money over the past two years, streamlining some businesses, tapering down incentives as well as slowing down hiring.…
South Korea’s Postype raises $7.6M funding led by Sui Generis Partners
Postype, a creator-focused content publishing platform based in South Korea, has announced that it has raised $7.6 million. The funding round was led by Sui Generis Partners with…
Singapore’s Aktivolabs scores $10M capital commitment from Mitsui to fuel global expansion
Aktivolabs Pte Ltd, a Singapore-based health tech firm, announced Thursday that it has secured a $10 million capital injection for a Series A round led by Mitsui & Co., Ltd.,…
Plugo raises $9M Series A Funding led by Altos Ventures
Plugo, a Singapore-based e-commerce platform, has raised $9 million in Series A funding ahead of its planned public launch in 2023. The round was led by Altos Ventures, along with…
Singapore’s Casa Mia Coliving secures $1.3M strategic seed funding to accelerate expansion
Singapore-headquartered Casa Mia Coliving has on Thursday announced the successful completion of its seed round financing, raising $1.3 million from real estate and private equity…
India’s Java Capital launches $9M seed stage fund
Java Capital, a seed stage focused, SEBI registered Alternate Investment Fund (AIF) in India, has announced the launch of its first fund with a corpus of INR 75 crore ($9…
Vietnam’s VinFast opens four more stores in California
VinFast, the Vietnamese electric vehicle car maker, has on Wednesday announced the opening of four more VinFast stores in Los Angeles and Orange County. The events affirm…
Touchstone Partners backs F&B ordering platform Oda in $1m seed round
Touchstone Partners has on Thursday announced that it is leading a consortium that has committed to investing $1 million in Oda, a Vietnam-based food procurement system for…
Venture Capital growth to remain solid despite headwinds, says Preqin Global Report 2023
Although venture capital is the asset class most exposed to the current market turmoil, 2023 may prove a solid vintage for performance, Preqin Global Report 2023 revealed on…
How businesses can leverage data to become talent prudent amidst economic challenges
While businesses may be reluctant to invest and introduce new systems given the current market conditions, this move would be the right step forward to ensure they are able to…
Indonesia’s Widjaja Family Investment Office leads US’s Alio $18M funding round
Alio, Inc., a United States-based medical technology company reinventing the management of chronic disease, announced it has raised $18 million in the initial close of a Series C…
VinFuture announces the event series of VinFuture Sci-Tech Week 2022
VinFuture Foundation officially announces the agenda of the second VinFuture Sci-Tech Week, taking place between December 17–21, 2022 in Hanoi. This global event will welcome the…
Teleport raises $50M to extend cross-border delivery services in Southeast Asia
Teleport, the logistics venture under Malaysia-based Capital A Berhad (formerly known as AirAsia Group Berhad), has raised new growth capital of $50 millionfrom large…
Google-backed South Korean edtech startup Mathpresso secures extended series C round
South Korea-based edtech startup Mathpresso announced Tuessday it has completed a Series C extension round, which brings the round’s total to approximately $70 million. The newest…
