Binance and MDI Ventures-led consortium establish joint venture to grow blockchain ecosystem in Indonesia

Binance has established a joint venture with a consortium led by MDI Ventures (MDI) to expand the blockchain ecosystem in Indonesia with the development of a new Indonesian-based…

Indonesia to launch Merah Putih Fund worth $200M to support local ‘soonicorns’ – report

Erick said Indonesia has the potential to create more unicorns, 25 in his estimation.

For the Botsync team, collaborative automation will be key to accelerating digitalization in logistics [Q&A]

Botsync is a robotics startup founded in Singapore that specializes in AMR-based (Autonomous Mobile Robot) automation solutions.

Malaysia-based SPAC Kairous Acquisition starts trading on NASDAQ

The company said the timing is just right as it believes that Southeast Asia is on the verge of producing many more great tech companies in years to come.

Malaysia fintech and e-wallet provider MyMy set for beta testing and reveals Malaysian-inspired product innovations

MyMy has released its wave of leading-edge card and app features as it gears up for targeted beta testing this January, 2022. Backed by demands from in-depth market studies,…

Can blockchain-powered microinsurance become a new global standard? [Panel discussion podcast]

Essentially, microinsurance is insurance with low premiums, covering potentially up to billions of people at scale, especially for those who can’t afford regular insurance. Today,…

Nike acquires C Ventures-backed virtual sneaker maker RTFKT

NIKE, Inc. has acquired RTFKT, a C Ventures-backed brand that leverages cutting edge innovation to deliver next generation collectibles that merge culture and gaming. This…

Grab to acquire Malaysia-based supermarket chain Jaya Grocer

While Grab did not disclose the financials of the transaction in the filing, the deal is said to be worth between MYR1.5 billion ($354 million) and MYR1.8 billion ($425.42…

Hong Kong venture accelerator Brinc closes $130M funding led by Animoca Brands

Brinc announced the closing of its $30 million Series B fundraise and a further $100 million for startup investments, led by Hong Kong unicorn Animoca Brands. The new capital will…

Family offices: Global landscape and key trends [Beyond Virtual Panel recap]

Improving the family office is a serious concern since most of the 17,000 family offices are believed to be inefficient, siloed, and fragmented. The family office market is…

Amazon Web Services launches Indonesia cloud region, to invest $5B in the region over next 15 years

Amazon Web Services (AWS) has announced the launch of the AWS Asia Pacific (Jakarta) Region. It is planning to invest an estimated $5 billion in Indonesia over the next 15 years…

Zoomcar launches operations in the Philippines, plans to invest $25 million over next 12 months

Zoomcar announced its launch of operations in the Philippines. The company plans to invest $25 million across the Philippines in the next 12 months to fuel its expansion in the…

Indonesia’s Lemonilo raises $36M Series C funding from Sofina and Sequoia Capital India

Lemonilo, an Indonesian healthy lifestyle consumer goods company, has raised a US$36 million Series C funding led by Sofina. Sequoia Capital India, Lemonilo’s current investor,…