MoMo partners with Western Union for money transfer in Vietnam

Vietnamese digital payment firm MoMo and American multinational financial services company have on Monday announced a strategic collaboration enabling customers to receive Western…

Korat’s startups to create big ripple in Northeastern economic corridor in Thailand

In a move that promises to transform the high value economy and quality of life in Korat, Suranaree University of Technology and the Office of Small and Medium Enterprises…

India’s PhonePe raises $200M additional funding from Walmart

PhonePe, one of India’s largest fintech platforms, has on Friday announced it has raised additional $200 million in primary capital from Walmart, at a pre-money valuation of $12…

Singapore’s Proxtera closes seed round from Ant Group, CerraCap Ventures and EDBI

Singapore-based digital technology firm Proxtera has announced the successful first close of the Series Seed round of funding by Ant Group, CerraCap Ventures, and EDBI.

Petronas plans to expand corporate venture capital arm with up to $200M – report

Malaysia's government has been wanting to boost and support the local startup ecosystem with various initiatives and policies. On Thursday, Malaysia’s sovereign fund Khazanah…

Indie Game Publisher The Iterative Collective raises $1.2M in seed round

Singapore-based indie game publisher The Iterative Collective (TIC) announced Friday that it has raised $1.2 million in a seed round led by Cocoon Capital and prominent business…

Antler commits to investing into 30+ Indonesian startups in 2023

Antler, a global early-stage venture capital firm with strong presence in Indonesia, said Wednesday it will continue its commitment to support aspiring founders and early-stage…

B Capital’s inaugural healthcare fund to invest in digital health, HealthTech, MedTech & Biotech, says General Partner [Q&A]

B Capital has closed its inaugural B Capital Healthcare Fund I at $500 million earlier of the month.

Khazanah launches Future Malaysia Program to spur the local start-up ecosystem

Malaysia's sovereign fund Khazanah Nasional Berhad has on Thursday announced the launch of the Future Malaysia Program to support the local start-up ecosystem of entrepreneurs,…

STACS partners GFA to greenify the transportation and logistics sector

Singapore-based environmental, social, and governance (ESG) fintech firm Hashstacs Pte Ltd (STACS), has on Thursday announced its partnership with green logistics certification…

Pakistan learning platform startup Maqsad raises $2.8M in seed round

Maqsad, a Pakistan-based edtech, has announced a $2.8 million seed round led by Speedinvest and returning investor Indus Valley Capital.

RHB Xcelerator program announces 11 finalists

The RHB Xcelerator programme, which have been launched by Malaysian lender RHB Banking Group and Malaysian venture capital (VC) firm 1337 Ventures, has announced 11 finalists that…

Indonesia’s Hijra Bank optimistic on this year performance, aiming 1M users in 2024

Indonesian Islamic digital bank Hijra Bank is optimistic that its performance this year will increase, because it is supported by the number of users that have experienced…

DBS, Heritas Capital close Asia Impact First Fund with over $20M raised

Singaporean bank DBS and Singaporean investment firm Heritas Capital have on Wednesday announced the successful first close of the Asia Impact First Fund (AIFF) with over $20…