Grab launches GrabScholar Program and GrabMerchant Center in Singapore

Grab, Southeast Asia’s leading superapp, announced Thursday two new initiatives to drive inclusive growth in Southeast Asia at the official opening of its Headquarters @…

Indonesia’s GoTo launches GoFood on Tokopedia

PT GoTo Gojek Tokopedia Tbk (GoTo), the Indonesia merged entity of Gojek and Tokopedia, has further strengthened synergies across its platforms with the launch of GoFood, its…

Indonesia’s DANA closes latest investment from Sinar Mas and Lazada Group

DANA, a digital wallet-based financial technology company in Indonesia, announced Wednesday the close of the latest investment from Indonesian conglomerate Sinar Mas and leading…

Atome Financial, HSBC Singapore seal $100M debt facility

Singapore-based FinTech firm Atome Financial announced Thursday it has entered into an $100 million debt facility with HSBC Singapore to supercharge Atome Financial’s flexible…

South Korea’s Neowiz and India’s Polygon launch Web3 game platform Intella X

Indian crypto firm Polygon is teaming up with South Korean gaming firm Neowiz Corporation to launch a brand new Web3 gaming platform Intella X, to bring some of Neowiz’s popular…

Indonesia’s Diri Care closes $4.3M seed funding co-led by East Ventures, Sequoia Capital India and Surge

Diri Care, an Indonesia-based consumer health technology startup, announced Thursday it has closed its oversubscribed seed round at $ 4.3 million, co-led by East Ventures and…

Hong Kong’s Insilico Medicine bags new investment led by Aramco-backed Prosperity7 Ventures

Insilico Medicine, a Hong Kong-based clinical-stage end-to-end artificial intelligence (AI)-driven drug discovery company, announced Wednesday that it has completed a second…

Brazil’s Votorantim and Singapore’s Temasek launch new $700M fund to invest in Brazil

Brazil-based investment firm Votorantim and Singapore state investor Temasek announced Wednesday a strategic partnership to explore new investment opportunities in growth capital…

CleverTap raises $105M in Series D funding round led by CDPQ

CleverTap, an India-founded business to business (B2B) software as a service (SaaS) platform for customer engagement and retention, announced Wednesday it has signed definitive…

Xpdite Capital Partners scouts opportunities in Southeast Asia with a focus on seed stage startups [Q&A]

In the interview, Lomnitz shared the challenges Xpdite faces when it invests in seed-stage startups and how they manage risks. He also shared his views on the startup ecosystem in…

What causes meme coins to have their parabolic runs?

While many such coins fade from the public eye eventually, the meteoric price runs of some begs the question: just what factors contribute toward a meme coin’s success?