Thai EdTech firm Globish succeeds in closing $2.36M fundraising deal & progressing to Series A+

The more than 90-million-baht ($2.36 million) investment will accelerate Globish for international markets and expansion to ASEAN following the company’s business in Vietnam.…

India’s Vance raises $5.8M seed round led by Hummingbird Ventures

India-based neo-banking platform Vance has raised $5.8 million in a seed round led by Hummingbird Ventures. The round also saw participation from Global Founders Capital,…

Singapore’s ShopBack extends oversubscribed Series F with $80M from 65 Equity Partners

Singapore-based shopping and rewards platform ShopBack announced Monday that it has entered into a subscription agreement with 65 Equity Partners for $80 million of equity capital…

Malaysia’s NCT Group partners Microsoft to accelerate digital collaboration for NCT Smart Industrial Park

Malaysia-based property developer NCT Group of Companies (NCT Group) has inked a Memorandum of Understanding (MoU) with Microsoft in Malaysia to support NCT Group in the…

Indonesia’s Cosmart raises $5M Seed funding from Lightspeed, East Ventures, and Vertex Ventures Southeast Asia & India

Cosmart, an Indonesian membership-driven ecommerce platform for essential goods, announced Monday that it raised $5 million in an oversubscribed seed funding from Lightspeed, East…

Alpha JWC partners Google and others for SEA founders upgrading program

Indonesia borne venture capital firm Alpha JWC Ventures (Alpha JWC) has announced strategic partnerships formed with Google Asia Pacific (APAC), integrated global communications…

Solar AI Technologies launches Singapore’s first ever rent-to-own solar program

Solar AI Technologies, a Singapore based tech-startup funded by global energy giant Engie Group, has recently announced that it will be launching Singapore’s first ever…

How the right technology can sustain the B2B commerce momentum in Asia

Technology powered the recent rapid rise of the B2B commerce space in Asia, and technology is what will continue to sustain that momentum in the coming years and decades – if…

India’s Lissun raises $1M Pre-Seed round from IvyCap Ventures and others

Lissun, an India-based full-stack solution for mental and emotional healthcare, has announced close of its $1 million Pre-Seed fundraise round. The round led by IvyCap Ventures…

YAS MicroInsurance completes $4.5M Pre-Series A round led by Noria Capital, ZEMU VC & JKL Capital

YAS MicroInsurance (YAS), an insurance on-blockchain pioneer in Hong Kong, has announced the completion of their Pre-Series A fundinground, raising $4.5 million. The round was led…

McLaren Racing launches 7-page comic NFTs on Tezos

Formula 1 powerhouse McLaren Racing launches a 7- page comic series of NFTs on the energy-efficient Tezos — also an official Technical Partner of the team — ahead of the Singapore…

Indonesia’s Traveloka gets $300M investment from BlackRock, Allianz, Orion Capital Asia and others

Indonesia Investment Authority (INA), BlackRock, Allianz Global Investors, Orion Capital Asia, and other leading global financial institutions have signed an agreement to provide…

Malaysia’s Carsome announces ‘group-wide accelerated profitability plan’ including job cuts

As part of the "employee base optimization", Carsome said it will focus on improving productivity across the business, aligning resources with contributions to the bottom line,…

Softbank-backed Carro sees ‘many’ opportunities in Japan market; eyeing Australia, Philippines, Vietnam

Besides Japan, Carro is also eyeing several markets including Australia, Philippines, Vietnam markets, Narushima said.