Hong Kong intelligent logistics platform Zeek launches quick commerce solutions in Hanoi, Vietnam

Zeek is closing the year on the back of strong momentum in Southeast Asia. Following its foray into Ho Chi Minh City in the fourth quarter of 2020 and its successful partnership…

Vietnam digital bank Timo secures $20M fresh funding led by Square Peg

Timo has raised $20 million fresh funding led by Square Peg. .Other participants are Jungle Ventures, Granite Oak, FinAccel, Phoenix Holdings (existing investor) and other super…

Singapore fintech firm Brankas raises $20M from Insignia Ventures, Visa to expand open finance platform

Brankas announced the close of its $20 million Series B investment round led by Insignia Ventures Partners, Visa, AFG Partners and Treasury International. Its existing investors…

Malaysian edtech startup Pandai raises $2.03M from Y Combinator, 500 Global & others

Pandai Education Sdn Bhd has recently raised a total of $2.03 million investment from a group of local and international investors in its pre-seed and seed round. Among the…

Tencent divests 2.6% of equity interest in Singapore’s Sea Ltd

Tencent’s voting power to be reduced below 10 percent following the transaction and proposed share conversion.

Malaysian drone firm Aerodyne makes strategic investment in AI & data analytics firm Synapse Innovation

Aerodyne Group has signed an agreement to acquire a principal stake in Malaysia-based artificial intelligence (AI) and data analytics company Synapse Innovation Sdn Bhd. This…

Indian fresh food retailer Living Food raises $7.5M Series A investment led by Amasia

Living Food announced the successful closing of a $7.5 million Series A fundraise led by Amasia.Other participating investors included SOSV, Blume Founders Fund, and notable…

Israeli battery maker StoreDot raises $80M Series D funding led by Vietnam EV manufacturer VinFast

StoreDot has announced the first close of its Series D funding round of up to $80 million led by flagship Vietnamese electric vehicle (EV) manufacturer VinFast. Other investors…

Vietnam fintech firm Anfin raises $1.2M seed round led by Goodwater Capital and Global Founders Capital

Anfin has raised $1.2 million in a seed round led by Goodwater Capital and Global Founders Capital (GFC). New investor XA Network as well as existing investor First Check Ventures…

Malaysian Central Bank issues discussion paper on licensing framework for digital insurers & takaful operators

Malaysian Central Bank has issued the discussion paper on licensing framework for digital insurers and takaful operators. The discussion paper outlines the proposed framework for…

X0PA AI raises $4.2M in Series A funding to scale AI-powered objective B2B hiring and selections solution

X0PA AI announced $4.2 million in Series A funding led by ICCP SBI Venture Partners (ISVP).SEEDS Capital, AI8 Ventures, XCEL NEXT VENTURES, and SASV Investments also participated…

Singapore’s Azalea closes Altrium Private Equity Fund II at $805M

Azalea Investment Management Pte. Ltd (Azalea) announced the successful closing of the second fund of its flagship private equity (PE) fund of funds product, Altrium Private…

Singapore’s Novo Tellus gets nod for SPAC listing on SGX – report

Novo Tellus could be among the first wave of sponsors looking to list SPACs in Singapore after the regulators introduced a framework in September last year, according to…

For Tier One Entertainment’s Alodia Gosiengfiao, we are in a golden era of play-to-earn games [ORIGIN Innovation Awards Q&A]

"I think the major trend nowadays is that Asian Market is entering a golden era of Play 2 Earn (P2E) games that kick-started because of Axie Infinity and we are super excited for…