Latest news and trends about tech
PropertyGuru delivers over $74.36M revenue in 2021, beats full year forecast
PropertyGuru Group said Monday its total revenue increased by 22.7 percentto S$100.7 million ($74.36 million) from S$82.1 million ($60.63 million), reflecting rising confidence in the property market .This is also 3.3 percent better than the group’s 2021 forecast of S$97.5 million ($72 million).
Malaysia needs “big innovation purpose” to stay ahead, says its government agency MRANTI
An ambitious purpose on innovation, a synergised ecosystem and a ‘bridge’ between research and commercialisation - these are among the elements needed for Malaysia to pull ahead in the region and achieve its ambition to be among the top 20 most innovative nations by 2030 in the Global Innovation Index, said Malaysian Research Accelerator for Technology and…
Singapore FinTech firm Volopay raises $29M for APAC and MENA expansion
Volopay has successfully raised $29 million in its Series A round through a mix of equity and debt. The investment round included participation from JAM Fund, Winklevoss Capital Management, Rapyd Ventures, Accial Capital, fintech veteran and angel investor Jeffrey Cruttenden (Chief Executive Officer of Acorns) along with Access Ventures, Antler Global, and…
Japan e-commerce giant Rakuten CEO Hiroshi Mikitani donates $8.7M to Ukraine for humanitarian assistance
The donation is intended for humanitarian activities to help people in the country who have become victims of the violence, he said.
GreenArc Capital’s Rony J Palathinkal on building tech solutions that enable impact and sustainability at scale [ORIGIN Innovation Awards Q&A]
As investors change their investment models and expand their product offerings to reflect the growing sustainability trend, GreenArc’s Impact Solution can provide the digital tools required to help institutions create impact at scale.
Hyperlocalizing Asia-first mental health at scale: What Southeast Asia startups bring to the global stage of innovation
Southeast Asia’s startup ecosystem has historically been formed by learnings from more mature markets. But the growth of the region’s digital economy has uncovered uniquely emerging market challenges that have given rise to new species of venture-backed startups.
Society Pass acquires Vietnam online grocery delivery service Handycart
Society Pass Incorporated (SoPa) has acquired Dream Space Trading Company Limited, the operator of Handycart. The newly acquired company will be integrated into SoPa's food and beverage delivery vertical with SoPa's existing merchant software platform #HOTTAB,
VCs scout opportunities in MedTech despite higher valuation fueled by pandemic
A growing population of more than 600 million with a combined GDP of more than $3 trillion and a rapid growth of the middle class are expected to fuel strong demand in healthcare coverage in Southeast Asia.
Singapore micromobility startup Beam secures $93M in Series B funding led by Affirma Capital
Beam announced Friday a Series B funding round of $93 million led by Singapore-based private equity firm Affirma Capital. The round also saw participation from Sequoia Capital India, Hana Ventures, ICT Capital, EDBI, AC Ventures, RTP Global, and Momentum Venture Capital, among others. Funds raised will be used to bring Beam’s shared micromobility vehicles…
Indonesian auto-financing startup Broom raises $3M in pre-seed funding round led by AC Ventures
Broom has raised $3 million in a pre-seed funding round led by AC Ventures. Quona Capital and several angel investors, including Founders of unicorn startups in Indonesia, such as Kopi Kenangan and Lummo, also joined the round. The funding will be used to accelerate the company’s growth by improving customer experience with tech-based solutions through new…
