Japan’s SMBC launches $200M fund to invest in Asian FinTech startups
Japanese bank Sumitomo Mitsui Banking Corporation (SMBC) has co-founded the corporate venture capital fund “SMBC Asia Rising Fund” (CVC) with Tokyo-based venture capital firm…
City University of Hong Kong launches HK Tech 300 Southeast Asia Start-up Competition
City University of Hong Kong has on Monday launched the first ever HK Tech 300 Southeast Asia Start-up Competition (HK Tech 300 SEA Competition) in Kuala Lumpur, Malaysia,…
Carsharing supercharges EV adoption in Singapore
In the long run, shifting perceptions on EVs and greater usage through carsharing will create a multiplier effect that enhances the accessibility of EVs, increases users’…
CIMB introduces suite of EV financial solutions in Malaysia to drive EV adoption
Malaysian lenders CIMB Bank Berhad and CIMB Islamic Bank Berhad (collectively CIMB) have on Monday introduced its suite of electric vehicle (EV) financial solutions in Malaysia to…
Indonesia and Malaysia announce commercial launch of cross-border QR payment linkage
Bank Indonesia (BI) and Bank Negara Malaysia (BNM) have on Monday announced the commercial launch of the Indonesia-Malaysia cross-border QR payment linkage. The commercial launch…
Indonesia’s UENA raises new funding co-led by East Ventures, Trihill Capital
UENA, a hyperlocal online food and beverage (F&B) startup based in Indonesia, has raised an undisclosed amount of new funding co-led by the existing investor, East Ventures,…
MAS imposes further additional capital requirement on DBS Bank for disruption of banking services
The Monetary Authority of Singapore (MAS) has imposed on DBS Bank Ltd (DBS Bank) an additional capital requirement, following the widespread unavailability of DBS Bank’s digital…
Singapore’s Bitdeer partners Bhutan’s investment arm to launch $500M green digital asset mining operations
Bitdeer Technologies Group (Bitdeer), a Nasdaq-listed technology company for the cryptocurrency mining community, and Druk Holding and Investments (DHI), the commercial arm of the…
Indonesian supply chain enabler Praktis raises $20M Series A round led by East Ventures
Praktis, an end-to-end supply chain enabler based in Indonesia, has raised $20 million of series A round led by East Ventures (Growth fund) with participation from Triputra Group…
Indonesian chat commerce enabler Mimin secures seed funding from Salim Group’s Otto Digital
Mimin, an Indonesian-based startup offering chat commerce solutions and virtual assistant services for businesses, has on Friday announced its seed funding from Otto Digital, a…
India’s BluSmart raises $42M to strengthen its operations in mega cities
BluSmart Mobility, India’s electric vehicle (EV) ride-hailing service and EV charging superhub infrastructure operator, has on Thursday announced that it has raised $42 million in…
Debunking 5 common misconceptions about product-market fit
To better understand this vital aspect of company building, we debunk some common misconceptions about PMF, explore its importance for long-term growth, and examine real-world…
Is Hong Kong ready for the return of the digital assets industry?
Asia’s financial center aims to become a center for digital assets, but the road to achieving that is a long one.
Singapore’s Integra Partners closes second fund at $90M
Singapore-based early-stage venture fund Integra Partners (Integra), has on Thursday announced the final close of its second fund Integra Partners Fund II LP (Integra Partners…
