ACE.SG inaugurates Women Entrepreneurship Committee to broaden support for women entrepreneurs in Singapore

In celebration of women entrepreneurship, Action Community for Entrepreneurship (ACE.SG) has on Wednesday by inaugurated its Women Entrepreneurship Committee (WEC) to broaden…

Malaysia’s Applecrumby raises $4.2M from 500 Global

Applecrumby, a Malaysia-based babycare brand and eCommerce platform, has raised $4.2 million growth investment from multi-stage venture capital firm, 500 Global. The investment…

Indonesia’s LinkAja secures strategic investment from Mitsui

Indonesian digital wallet LinkAja announced its corporate action on Wednesday by securing strategic investment from Mitsui & Co., Ltd. (Mitsui).

Indonesian insurtech Qoala raises $47M in Series C funding co-led by PayPal Ventures, MassMutual Ventures

Indonesian omnichannel InsurTech Qoala has on Tursday announced the completion of its Series C funding round, raising $47 million. The funding was co-led by PayPal Ventures and…

Hang Seng Bank launches $4.22B SME Power Up Fund

Hong Kong-based Hang Seng Bank has on Tuesday unveiled the HKD 33 Billion ($4.22 billion) SME Power Up Fund, a strategic initiative to support the growth, cross-boundary…

Golden Gate Ventures promotes Angela Toy to COO in strategic international expansion move

Golden Gate Ventures, a Singapore-based venture capital fund, has on Wednesday announced the appointment of Partner Angela Toy as its Chief Operating Officer (COO). This newly…

Singapore’s Elevate Foods secures $525,000 in pre-seed funding led by Wavemaker Impact

Elevate Foods, a Singapore-based platform for small- and medium-sized farm-gate processors, has announced the successful closure of its pre-seed funding round at $525,000, led by…

DNX Ventures raises $243M for two new Japan funds

DNX Ventures, a Japan and U.S.-based venture capital firm, has announced the final close of two new Japan funds, raising a total of approximately 36.5 billion yen (U.S. $243…

Vietnam’s VinFast unveils EV lineup in Thailand

Vietnamese automaker VinFast Auto has unveiled an electric vehicle (EV) lineup in Thailand. The firm has introduced a diverse range of green mobility solutions to Southeast Asia's…

Venturi Partners invests $25M in Philippines’ DALI Discount

Venturi Partners (Venturi), a Singapore-based growth equity firm specializing in consumer investments across India and Southeast Asia, has on Tuesday announced its $25 million…

Helicap partners Crowd Credit to pump $50M into Southeast Asia for Japanese investors

Japanese financial services company Crowd Credit Inc has parntered with Singapore's fintech firm Helicap Pte Ltd (Helicap) to pump $50 million into Southeast Asia for Japanese…

Japan’s GMO Financial Gate invests in Malaysia’s FinTech firm Soft Space

Soft Space, Malaysia-based fintech-as-a-service (FaaS) company, has announced a capital alliance with its long-standing partner, GMO Financial Gate, Inc, one of Japan’s largest…

Malaysia to introduce new tax incentive for digital status companies – report

MDEC chief executive officer Mahadhir Aziz said the tax incentive, to be announced in May, will be for digital initiatives in intellectual property (IP) and non-IP, and also in…

Malaysia’s co-working space provider WORQ in talks to raise $8.5M for Series B funding

WORQ announced in October last year that it has completed its pre-Series B fundraising round, backed by 14 follow-on investors.