Vietnam proptech firm Homebase raises $30M led by Y Combinator and other global investors
Homebase will use the funding to expand its market leadership in Southeast Asia’s Proptech industry and get one step closer in its mission of empowering homeownership for 100,000…
Philippine tech ecosystem poised to grow further with more investments & gov support – report
Funds raised by startups in the Philippines during the first ten months of 2021 almost exceed the total amount funds raised from 2017 to 2020.
Taiwan data governance startup FST Network raises $2.9M in Seed funding round
FST Network aims to deliver a comprehensive set of tools for data governance, management, and lineage, and this investment will be used to accelerate the company’s rapid growth,…
Grab’s 3Q revenue down 9% due to coronavirus curbs, net loss widen to $988M
Mobility and food delivery services were suspended in Vietnam for most of Q3, and six of its core countries in which Grab operates experienced tighter movement controls.
Singapore asset trading platform Sparrow raises $4.4M Series A led by Gain Loyal
With the Series A funding by Gain Loyal, Sparrow also aims to attract talent in risk management, trading, technology, and operational excellence. It will also improve its KYC,…
Microsoft partners She Loves Tech to unlock $1B in capital for women entrepreneurs in Asia
Microsoft Asia has partnered with She Loves Tech to unlock $1 billion in capital for women-led businesses by 2030. The partnership will see Microsoft support an Azure-powered…
Singapore early-stage venture capital firm Antler aims to invest in 100 startups in Indonesia
Antler plans to invest in at least 100 companies in Indonesia over the next 4 years, with the first Indonesia investments to be made in early 2022. It has launched in Indonesia to…
India health & wellness startup Mosaic Wellness raises $24M in Series A led by Sequoia Capital India
Mosaic was founded in 2020 with the vision of delivering consumer-centric, vertically integrated, and affordable digital healthcare platforms, which led to the birth of Manmatters…
Indonesian Islamic body forbids crypto as currency – report
As a means of payment, cryptocurrencies are forbidden according to Shariah law because they carry elements of uncertainty and harm, and are in violation of state laws.
The NFT Boom: The popularity behind Non-Fungible Tokens [BEYOND Virtual Panel]
Data ownership, censorship, control--these are challenges that NFTs have the opportunity of solving, thus shifting away from a “feudal” model of gaming wherein the platform owns…
India home furniture startup Wakefit.co raises $27 M Series C led by SIG
The funding will bolster Wakefit.co's omnichannel expansion plans and will be deployed to boost its supply chain and logistics management, technological enhancement, and marketing…
Indonesia’s GoTo secures over $1.3B in first close of pre-IPO fundraising
The funds raised will allow GoTo to invest further in its ecosystem, strengthen its market-leading position in the region, and better serve customers, which includes continued…
Southeast Asia FinTech fundraising hits record high of $3.5B year to date – report
Following a dip in fundraising seen across ASEAN’s FinTech scene in 2020, funding has rebounded to reach a record high of $3.5 billion year to date, more than triple the amount…
Singapore’s Doctor Anywhere acquires Thailand’s largest telemedicine platform Doctor Raksa
The acquisition will also support Doctor Anywhere’s growth trajectory and enhance the group’s regional strategy of enabling borderless healthcare.
