Latest news and trends about tech

Intudo Ventures Fund III will seek out opportunities in agriculture, B2B & enterprise, education, finance & insurance, healthcare, logistics, and new retail & entertainment, constructing a concentrated portfolio of 12-14 Indonesian homegrown companies.

Funds will be used to drive Rainforest’s growth strategy, including expanding its portfolio of e-commerce brands in the home goods, mother & kids, personal care and pet categories by three times and growing its leadership team.

The extended round was again led by Global Founders Capital and Fatima Gobi Ventures. They have been joined by early-stage technology investment firm Picus Capital and Zayn Capital.

Technology has been at the center of these changes and one technology, AI has emerged as a critical enabler and opportunity for education providers but also for students as the world shifts to a digital era.

Global SWF takes a closer look into Temasek's in-house startups.

The Southeast Asian online travel company will likely explore going public via a traditional initial public offering (IPO) in the US market, according to the report.

The future of SME financing will be increasingly tech-driven, inclusive, and accessible. Innovative financial solutions by traditional financial institutions and fintech firms will emerge.

More and more venture capital (VC) firms and angel investors are wising up to the opportunity in investing in the region’s female founders. Despite the largely virtual deal-making environment over the past year due to COVID, women-led startups have secured multimillion-dollar rounds across a multitude of sectors.

The announcement follows its parent company, Pickupp Ltd’s recent $15 million Series A and Series A+ financing.

The oversubscribed round makes it one of the largest financing rounds raised by an on-demand care platform in Southeast Asia and the Oceania region and brings Homage’s total funding to exceed $45 million.