Latest news and trends about tech
ASX-listed Novatti acquires Malaysia FinTech firm ATX Group for up to $7.4M
The acquisition enables Novatti to scale existing ATX businesses while looking to introduce additional Novatti services to the Malaysian market, such as billing.
Singapore EdTech Geniebook raises $16.6M Series A led by East Ventures and Lightspeed to scale team with strategic new hires
Since the start of 2019, Geniebook has achieved impressive revenue growth of over 2,000 percent with a fast-growing user base of over 150,000 in Southeast Asia. In Vietnam alone, revenue grew by 3 times versus 2020. The profitable Singapore-headquartered company continues to fly the flag for Singapore education regionally with offices now located in…
Singapore-headquartered trading app MarketWolf secures $5.5M Seed funding
MarketWolf had raised $1.7 million during its angel round and has raised a total of $7.2 million to date. This fresh funding will be utilized to build new products, expand the user base and attract top talent
India agri supply chain startup Onato raises $2.2 million Seed round led by Vertex Ventures and Omnivore
Onato’s platform connects various stakeholders directly and uses data from the demand and supply side to bring transparency in volume and pricing, ensure timely payments, and help customers access new business opportunities. This in turn drives better margins and allows small and medium participants to expand their business over time without deepening their…
500 SEA expects more unicorns in Southeast Asia following successful exits like Grab, Bukalapak
The Southeast Asian fund will start expanding its investment mandate and investing more into countries like Vietnam, and the Philippines.
From Wall Street to celebrity chef: How Judy Joo is spreading Korean flavors around the world [Podcast Q&A]
The biggest challenge in opening Korean restaurants overseas is educating people on the cultural differences within Asia and explaining that each country is different with its unique culture and culinary traditions and flavors. All of Asia should not be grouped together on one plate--each country and its cuisine should be celebrated as its own.
Managing the fine balance in cloud finance management
A critical starting point is how an organization develops its cloud capability in the first place--an internal analysis of the people, processes and tools needed--whether that’s to support operations, security, or a specific project. More than basic reporting, cloud cost optimisation takes regular cadence upgrades, and the application of processes to cost…
Singapore’s Temasek to invest $739M yearly in deep-tech – report
The sectors in focus include advanced manufacturing, disruptive materials, net-zero tech, life sciences, and food tech.
Carousell Group acquires Singapore-based sneaker marketplace Ox Street to accelerate re-commerce growth
Following Carousell Group’s investment from STIC Investments, this acquisition of sneaker marketplace Ox Street underpins the group’s strategic priority to accelerate its re-commerce growth in Greater Southeast Asia.
The fallout from the Colonial Pipeline ransomware attack and its implications
Digital transformation expands an organization’s attack surface, making it easier for threat actors to enter the network and gain control of OT assets. Without the correct security tools in place organizations can’t identify vulnerabilities or detect malicious activity.
