Indonesia readying tough new curbs for online platforms – report
Indonesia is one of the world top-10 markets by the number of users for social media firms including Youtube, TikTok, Facebook, Twitter, Instagram and Whatsapp. Indonesia is also…
Malaysia’s iPrice Group raises $5M from Itochu Corporation and KDDI Corporation
iPrice Group, Malaysia-based price comparison platform, announced Wednesday that it has raised $5 million of additional funding led by Japan-based firms Itochu Corporation and the…
Close your employees’ skills gaps by first renewing your leadership mindset
As the pandemic develops all around the world beyond Singapore, the way businesses are conducted will also evolve. It is not unrealistic to expect entire industries to disappear,…
Indonesian aquaculture startup DELOS secures $8M seed extension round co-led by Centauri Fund and Alpha JWC Ventures
DELOS has raised $8 million in seed extension financing co-led by Centauri and Alpha JWC Ventures. The round was joined by existing investors, Number Capital, Arise, iSeed SEA,…
Tencent co-leads $120M round of UK SaaS-based employment firm Omnipresent
Omnipresent has raised $120 million in its Series B funding round, led by Kinnevik, and Tencent. The amount includes a pre-Series B round in the second half of 2021 and follows…
BIS Innovation Hub and central banks of Australia, Malaysia, Singapore and South Africa develop experimental multi-CBDC platform for international settlements
The Bank for International Settlements (BIS) Innovation Hub, the Reserve Bank of Australia, Bank Negara Malaysia, the Monetary Authority of Singapore, and the South African…
Singapore’s Handprint raises $2.2M seed funding led by Thunes
Handprint has raised $2.2 million in seed funding led by leading payments network Thunes, with participation from other angel investors. The funding will be used to further build…
Singapore FinTech firm Validus acquires CitiBusiness loan portfolio in Singapore
Validus has entered into an agreement with Citi to acquire its CitiBusiness loan portfolio in Singapore, in a move that will bolster Validus’ top line revenue, customer base, and…
Blockchain Association Singapore partners SGTech to boost blockchain development in Singapore
Blockchain Association Singapore (BAS) and SGTech have signed a Memorandum of Understanding (MOU) to form a strategic partnership to collaborate on blockchain-related issues in…
Startup fundraising: Can you have your cake and eat it too?
Reflecting back on Singapore’s startup ecosystem, we dive into the more popular means of how startups seek financing and how new alternatives such as venture debt and…
Malaysia’s Touch ‘n Go eWallet and Singapore’s Dotlines collaborate to include migrants into the cashless society
Touch ‘n Go eWallet announced Monday that it is collaborating with Singapore's Dotlines to provide digital solutions for migrants in Malaysia. A cashless society is now closer…
Finch Asia, IndoGen Capital, and Tokocrypto execs launch Southeast Asia focused Web3 projects fund
Finch Asia and IndoGen Capital are forming a web3-focused investment fund, named Cydonia, onboarding seasoned profiles from the blockchain landscape as the partners, notably Teguh…
Indonesian e-grocery startup Sayurbox raises $120M Series C funding led by Alpha JWC, Northstar
Sayurbox announced Monday its oversubscribed Series C round of $120+ million led by Northstar and Alpha JWC Ventures, with participation from new investor International Finance…
Vickers Venture SPAC VCKA to merge with US biopharmaceutical firm Scilex
Vickers Venture Partners' Nasdaq-listed special purpose acquisition company (SPAC) Vickers Vantage Corp I is merging with Scilex Holding Company (Scilex), a majority-owned…
