Vietnam’s Society Pass marks first foray into Indonesia by acquiring Jakarta-based NusaTrip

Society Pass Inc (SoPa), a Vietnam-based next generation digital ecosystem, announced Monday the acquisition of NusaTrip, a leading Jakarta-based online travel agency (OTA) in…

Indonesian MSME enabler majoo raises $10M series A funding

Indonesia-based micro, small and medium enterprises (MSME) enabler majoo announced on Monday that it raised a $10 million series A funding round led by an undisclosed global…

Philippine parenting e-commerce start-up edamama closes $20M Series A funding

Edamama, the Philippines’ leading parenting-focused e-commerce platform, has secured a $20 million Series A funding round led by Alpha JWC Ventures. The round was also…

Philippines pauses Virtual Asset Service Provider licenses for three years

The Bangko Sentral ng Pilipinas (BSP), the Philippines Central Bank, said Friday it has approved a modified approach which involved the closure of the regular application window…

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…