Indonesia wealth tech firm Pluang raises $55M round led by Square Peg
With the fresh capital, the company will continue to democratize access for Indonesian retail investors to grow their wealth via its digital savings and investing products.
[Updated] Catcha Group’s Patrick Grove considers SPAC-listing in Singapore
The development came after Singapore unveiled new rules for blank-cheque vehicles.
Carsome spots a gap in auto-financing for graduates, aims to introduce similar product in Indonesia, Thailand after Malaysia
Carsome plans to introduce auto-financing for graduates in Indonesia and Thailand, as it targets a loan size of at least MYR 100M ($24.17M) for its auto-financing business in…
Thailand hobby-focused commerce startup Mercular extends Series A fundraise, ropes in Thai retail conglomerate Central Retail
The funding will be deployed to create an all-encompassing community-like shopping experience for the hobbyists.
Pioneering Thailand’s AgTech startup ecosystem towards agriculture transformation
Thailand's National Innovation Agency, in association with Maejo University, has issued the first-ever Thailand AgTech Startup Ecosystem Development White Paper based on research…
Southeast Asia growing as investment destination, with $1.2B in exit value thus far
Southeast Asia’s startup ecosystem saw $1.2 billion in exit value thus far this year, compared to $2 billion seen throughout the whole of 2020, according to Vertex Ventures…
Indonesia e-commerce firm SIRCLO bags $36M funding from East Ventures, Saratoga, Traveloka
The funding aims to further develop SIRCLO’s technological capabilities and accelerate the retail digitalization for various businesses all across Indonesia.
Targeted e-commerce should be a discovery-led experience, says edamama’s Bela Gupta D’Souza [Q&A]
Decisions on what products to buy or services to avail of as parents are often influenced by research, social proofing, and seeking out detailed reviews. We, therefore, think that…
Singapore’s Neuroglee Therapeutics closes $10M Series A led by Openspace Ventures, EDBI
The funding injection will enable Neuroglee to launch virtual neurology clinics for patients diagnosed with mild cognitive impairment related to difficult-to-treat conditions such…
Singapore’s Sea aims to raise $6.3B in share & convertible bond sale
The company plans to use the net proceeds from the offerings for business expansion and other general corporate purposes, including potential strategic investments and…
Singapore automotive startup Motorist raises $891K seed funding led by JobsCentral co-founder
Funds will be deployed to explore growth opportunities in Singapore and Malaysia, and kickstart its expansion into Thailand.
Tackling the speed bumps on the road to electrification this World EV Day
With EVs now seen as a catalyst for sustainability, world governments have announced ambitious targets for EV adoption. An increasing number of automobile manufacturers are also…
