Latest news and trends about tech
Indonesia e-commerce firm Ula bags $87M Series B, ropes in Amazon’s Jeff Bezos as investor
The funding round was co-led by Prosus Ventures, Tencent and B Capital Group. Amazon founder Jeff Bezos's Bezos Expeditions also joined the round.
Luni Libes of Africa Eats on impact investing and building out services to fill in business infrastructure gaps in food & agri [Podcast Q&A]
Africa Eats is a novel investment holding company that takes 27 graduates from the Fledge accelerator and which answers the question of "how do you build out the food/ag supply chain across Africa to end hunger and poverty?" The answer is a mashup of venture capital, business accelerator, and Berkshire Hathaway.
SoftBank-backed Indian hotel aggregator OYO files draft papers for $1.14B IPO
The hotel aggregator's IPO plan also comes at a time when travel restrictions are being eased in many countries and the tourism sector is expected to rebound.
UK’s CDC Group backs Fatima Gobi Ventures’ Pakistan-focused fund
The new funds will boost Techxila Fund I’s investments in early-stage tech companies across Pakistan.
Updating a blockchain is forking hard!
If blockchain networks seek to stand the test of time and rebuild today's institutions for a decentralized, democratized world, governance will be a vital part of the mission.
Singapore-based Quincus raises Series B at over $100M valuation
Quincus looks to use Series B funding to continue expanding its footprint in Asia-Pacific, the Middle East, and select markets in Latin America, Europe, and North America.
Startup Studio Indonesia aims to incubate 150 startups by 2024
Startup Studio Indonesia has a preference for the following six sectors: education, health, maritime, agriculture, travel, and logistics but put more emphasis towards selection criteria: product-market fit traction, founder’s profile, local defensible-factor, and market size.
Improving the financial literacy of Singapore’s migrant workers
Much of our economy and society is built on the backs of migrant workers. They are equally valuable members of our community and deserve to be treated fairly. The first step to addressing economic and social inequality is to help them improve financial literacy, which will enable them to make more informed choices and open up access to essential financial…
SBI, Sygnym, Azimut launch $75M digital asset-focused VC fund in Singapore
The fund aims to back digital asset companies across Europe and Southeast Asia, focusing on companies developing distributed ledger technology infrastructure, decentralized finance solutions, and regulatory technology tools.
From TechInnovation 2021, here are some groundbreaking tech that could revolutionize industries and change the world
The event, presented by IPI, returns for its 10th edition this year as a digital event that will run around the clock from September 28 to 30, 2021. 160 international exhibitors will present over 400 technologies in the virtual TechInnovation exhibition, with the goal of enabling eco-friendly consumption, improving food production, and securing people’s…
