Latest news and trends about tech
Malaysian content aggregator Newswav raises $1.43M in new Series A funding led by OSK Ventures to drive content, user growth
Newswav has raised RM6 million in its latest Series A funding led by OSK Ventures International Berhad (OSKVI) to further strengthen its market-leader position and drive user penetration in key market segments. As part of its expansion plans, part of its funds will be used towards user acquisition, strengthening their leadership in the content aggregation…
Singapore’s regulator issues guidelines to discourage cryptocurrency trading by general public
The Monetary Authority of Singapore (MAS) on Monday issued guidelines giving effect to MAS’ expectations that Digital Payment Token (DPT or more commonly known as cryptocurrency) service providers should not promote their DPT services to the general public in Singapore.
Alpha JWC forecasts Indonesia will produce at least 10 more unicorns by 2025
Alpha JWC Ventures forecasts that Indonesia will produce at least 10 more unicorns by 2025. The VC firm saw four unicorns from its portfolio in 2021, with 14 companies valued between $500 million to $1 billion, buoyed by global investors’ interests and the strong performance of Indonesia’s tech sector. In the fourth quarter of last year, the VC firm also…
India’s Imagine Marketing acquires Singapore’s KaHa to boost wearable products
Imagine Marketing Private Limited announced Monday the acquisition of KaHa Pte Limited. The acquisition will enable Imagine Marketing to augment its wearable product offerings in terms of the concept, design, electronic firmware, algorithm development, Android/ iOS applications, new feature integration, social engagement and analytics, and lead the way by…
Vietnam’s Funtap launches $10M capital fund dedicated to blockchain-focused tech startups
Funtap's unit Funverse Capital has launched its first $10 million-sized investment fund for blockchain-focused tech startups capable of driving profound impact on the fintech and gaming industry. In addition to capital funding ticket size of up to $1 million for each qualified project, Funverse Capital offers mentorship and accelerator programs which take…
Vietnamese social commerce platform Mio raises $8M in Series A funding led by Jungle Ventures
Mio has raised $8 million in Series A funding led by Jungle Ventures, Patamar Capital, and noted angel investor Oliver Jung. The round also saw participation from existing investors GGV, Venturra, Hustle Fund, iSEED SEA and Gokul Rajaram. This brings the total capital raised by the company since inception to $9.1 million. The company will use the fresh…
Building a world where the next 1,000 Pokemon GOs are built [Podcast Q&A]
Our “why” at SuperWorld is how do we build a better world? How do we leverage technologies like augmented reality and virtual reality, blockchain, artificial intelligence? How do we bring all these technologies together to actually improve the world and enhance humanity? Those are the kinds of questions that propel us forward.
Ant-backed Indonesia’s Akulaku considers SPAC merger at $2B value – report
"Both parties have signed an exclusive relationship," a person familiar with the matter told TechNode Global.
Jakob Rost on how Ayoconnect’s open finance solutions foster an ecosystem of synergy in the finance industry [ORIGIN Innovation Awards Q&A]
With the regulatory foundation that is being developed across the region, the rapidly growing internet population, and rising digital financial services adoption, we can expect a trend towards healthier competition among the players and better protection of consumers’ rights.
Singapore real estate investment platform RealVantage receives capital markets services licence from Singapore’s regulator
RealVantage is now fully regulated by Singapore’s central bank to deal in capital markets products and more critically, open the heavily-gated world of private equity real estate investments to Singapore-based retail investors, with immediate effect.
