Latest news and trends about tech

Singapore insurer NTUC Income expands Insurance-as-a-Service to Indonesia, Vietnam, Malaysia via partnerships

These strategic alliances are built on Income's Insurance-as-a-Service (IaaS) model that enables the company to bring digital-first insurance business models to partners overseas, enhance their speed-to-market, and equip them with the right capabilities and tools to capture new customer segments and revenue streams

Philippines cloud kitchen startup CloudEats closes $5M Series A with Vulpes, Gobi Partners, and Alibaba-backed BAce Capital

Funds raised in this round will be utilized to scale CloudEats’ proprietary smart kitchen technology, open cloud kitchens in more markets across the region, and develop new champion brands like Burger Beast, which has now become one of the top recognized burger brands in the Philippines, CloudEats said in a statement.

Wavemaker Partners launches climate tech venture builder Wavemaker Impact with $25M target for its first fund

Wavemaker Partners believes that climate change is an existential threat for the region, with three of its largest cities facing the threat of being underwater by 2050. Thus, the founders of Wavemaker Impact believe that entrepreneurs will drive solutions to addressing climate change and aim to launch companies that will reduce 10 percent of global…

UK AdTech Admix raises $25M Series B for APAC expansion, looks to scale as the content monetization layer for the metaverse

The funding will be used to scale up its In-Play solution worldwide and establish the company as the content monetization layer for the metaverse

With $1.2M Seed funding, WTH Foods aims to bring alternative protein-based Filipino dishes to international markets

WTH Foods launched a research and development (R&D) facility to enhance the texture and taste of its plant-based products. It will use the facility to hone its plant-based versions of popular Filipino dishes and products to target more than 2.2 million Filipinos living away from home with expansion plans to Singapore, other markets across Southeast Asia and…

Deploying modern enterprise services in the cloud

Ultimately, the onus is on enterprises to make an informed decision on whether to stay with their existing non-cloud deployments or to move to the cloud. And if the choice is the latter, to make a considered decision about which cloud and deployment strategy to adopt before drawing up a migration strategy.

AirAsia partners more airlines to sell competitors’ flights on super app

AirAsia's move to partner with more airlines and sell more flights on its super app comes as Malaysia and other countries in Southeast Asia are beginning to reopen their economies and tourism sector to welcome back tourists.

India neobank Zolve closes $40M Series A funding round at a valuation of $210M, will scale financial services for US-bound immgrants

With these additional funds, Zolve intends to enhance the user experience for global citizens, allowing them to open their U.S. accounts in minutes. Moreover, the funds will help speed expansion of the service to more nationalities, increasing the number of people who can start building their financial futures from the moment they arrive in the U.S.…

Vietnam blockchain game studio Sipher raises $6.8M Seed round to develop its upcoming World of Sipheria game

Sipher is fostering an ecosystem where people can play for fun while also being rewarded for their time spent in-game. By leveraging blockchain technology, Sipher is bringing economic freedom to gamers and providing the community with ownership of in-game assets which directly contributes to the growth and success of the gaming industry.

Singapore fashion brand Love, Bonito raises $50M in Series C funding to fuel category and international expansion

Proceeds from the fundraise will enable Love, Bonito to bolster efforts in existing omnichannel markets and supercharge international expansion in markets that collectively are experiencing triple digits year-on-year growth. These key markets include Hong Kong, Japan, the Philippines, and the US.