Indonesia’s GoTo to raise $1.1B in IPO
Indonesia's largest tech firm GoTo Group said Thursday it will raise total $1.1 billion in its initial public offering (IPO), which would make this the third largest IPO in Asia…
RaiSE unveils initiatives to scale up public-private synergies in Singapore’s social ecosystem
The Singapore Centre for Social Enterprise raiSE on Wednesday unveiled initiatives to catalyse financing, capabilities, and talent to scale up public-private synergies in…
Singapore’s Carzuno launches car subscription services in Thailand
Carzuno, a Singapore-based all-inclusive subscription platform for cars, announced Thursday that it has launched its operations across Thailand. The company has hired Wisate Kirin…
Hong Kong’s Lalamove seeks to raise $500M fresh funds at $10B valuation – report
The company is gauging interest from potential investors, one of the people said. The startup had been weighing a $1 billion Hong Kong initial public offering after preparations…
Microsoft for Startups Founders Hub platform launches in Asia to provide support to entrepreneurs and early-stage startups
Microsoft for Startups Founders Hub is designed specifically for early-stage startups to lower the barriers of business creation, be a catalyst for entrepreneurship and…
US and Japan-based gumi Cryptos Capital raises $110M early-stage fund to invest in blockchain startups
Gumi Cryptos Capital (gCC), a blockchain-focused venture capital firm based in United States and Japan, announced Wednesday the completion of raising $110 million for its second…
Malaysia’s Hatten Land signs agreement with new partner for crypto mining activities
Hatten Land Limited and together with its subsidiaries, announced Thursday that its wholly-owned subsidiary Hatten Edge Pte. Ltd. has entered into a crypto mining facility and…
Debunking 5 myths about digitalizing Indonesia’s logistics with Ritase CTO David Samuel
Indonesian logistics in the next five years can only get more interesting as the key principle driving us into the future is efficiency; How to be more efficient? How to be more…
Singapore’s Pace acquires regional BNPL pioneer Rely to strengthen its FinTech position in the region
Pace Enterprise (Pace), a Singapore-based FinTech solutions company with "Buy Now Pay Later" (BNPL) platform, announced Wednesday that it has signed an agreement to acquire the…
India’s Pine Labs raises $50M from United Kingdom’s Vitruvian Partners
Indian merchant commerce platform Pine Labs announced Wednesday a new investment of $50 million from Vitruvian Partners, a London-headquartered international investment firm.
Indian healthtech startup Qure raises $40M from Novo Holdings and HealthQuad
Qure.ai (Qure), an India-based health tech firm using Artificial Intelligence (AI) for medical imaging diagnostics, announced Tuesday that it has secured $40 million in a funding…
Malaysia to enact laws to better regulate ‘Buy Now Pay Later’ schemes
Southeast Asia super app Grab and Sea Ltd’s e-commerce platform Shopee have started providing BNPL options in Malaysia since last year. Advance Intelligence Group’s Atome, Pine…
Vietnam’s Vinfast to build EV factory in North Carolina
VinFast and the government of North Carolina announced Tuesday the signing of the memorandum of understanding (MOU) for the establishment of VinFast’s first North…
Singapore private equity firm Azalea launches first sustainability fund
Azalea Investment Management Pte. Ltd. (Azalea) has launched the Altrium Sustainability Fund I (ASF I), which will invest in environmental, social and governance (ESG) focused…
