VCs scout opportunities in MedTech despite higher valuation fueled by pandemic

A growing population of more than 600 million with a combined GDP of more than $3 trillion and a rapid growth of the middle class are expected to fuel strong demand in healthcare…

Singapore micromobility startup Beam secures $93M in Series B funding led by Affirma Capital

Beam announced Friday a Series B funding round of $93 million led by Singapore-based private equity firm Affirma Capital. The round also saw participation from Sequoia Capital…

Indonesian auto-financing startup Broom raises $3M in pre-seed funding round led by AC Ventures

Broom has raised $3 million in a pre-seed funding round led by AC Ventures. Quona Capital and several angel investors, including Founders of unicorn startups in Indonesia, such as…

India’s Airtel acquires strategic stake in Singapore blockchain technology startup Aqilliz

Bharti Airtel (Airtel) has acquired a strategic stake in Aqilliz, a Singapore-based blockchain as a service company. It aims to deploy Aqilliz’s advanced blockchain technologies…

Indian neobank platform Niyo nets $100M in Series C round led by Accel and Lightrock

Niyo has raised $100 million in its Series C round of funding led by Accel and Lightrock India. Beams Fintech Fund and its existing investors Prime Venture Partners, JS Capital…

Fave launches Southeast Asia tech hub in Kuala Lumpur, Malaysia

Fave has launched tech hub in Kuala Lumpur, Malaysia. As a part of Fave’s efforts in evolving the fintech landscape, the new tech hub will serve as a platform to groom top class…

Visa and VNPAY enter strategic partnership to drive digital payments in Vietnam

Visa has entered a strategic partnership with VNPAY to enhance the digital payments experience in Vietnam. Together, they will make cashless payment more accessible in Vietnam…

Hong Kong NFT platform UCOLLEX raises $10M series A round led by Animoca Brands

UCOLLEX has successfully completed a $10 million Series A funding round led by Animoca Brands and MCP IPX One Fund (IPX Fund). The raise will enable UCOLLEX to invest extensively…

Pakistan FinTech firm NayaPay secures $13M led by Zayn Capital, MSA Novo and Graph Ventures

NayaPay has raised $13 million in one of the largest seed rounds in South Asia. Bringing together a diverse mix of leading global institutional and angel investors, the round was…

Malaysia’s CTOS Digital finalises issue price at $0.38 for proposed placement to raise $41.4M

After recently obtaining shareholders’ approval to undertake placement of up to 10 percent of total issued shares, Malaysia credit reporting agency CTOS Digital Berhad announced…

Malaysian biotechnology firm GK Aqua seeks to raise $478,000 to $1.91M via ECF Platform pitchIN

GK Aqua Sdn Bhd, a Malaysian Biotechnology company is looking to raise a minimum of MYR2 million ($478,000) for 4.26 percent equity with a maximum target of MYR8 million ($1.91…

Malaysia’s Instahome partners with Indonesia’s Flokq to revolutionize the long-term home rental industry in Southeast Asia

Flokq and Instahome, the full-stack online to offline long-term rental platforms in Indonesia and Malaysia, on Wednesday announced a partnership spanning marketing and…

Alibaba halts talks to raise $1B before Lazada IPO – report

It was reported that Alibaba had hoped to secure at least $1 billion but backed off after failing to secure its envisioned valuation.