Indonesia’s Cosmart raises $5M Seed funding from Lightspeed, East Ventures, and Vertex Ventures Southeast Asia & India
Cosmart, an Indonesian membership-driven ecommerce platform for essential goods, announced Monday that it raised $5 million in an oversubscribed seed funding from Lightspeed, East…
Alpha JWC partners Google and others for SEA founders upgrading program
Indonesia borne venture capital firm Alpha JWC Ventures (Alpha JWC) has announced strategic partnerships formed with Google Asia Pacific (APAC), integrated global communications…
Solar AI Technologies launches Singapore’s first ever rent-to-own solar program
Solar AI Technologies, a Singapore based tech-startup funded by global energy giant Engie Group, has recently announced that it will be launching Singapore’s first ever…
How the right technology can sustain the B2B commerce momentum in Asia
Technology powered the recent rapid rise of the B2B commerce space in Asia, and technology is what will continue to sustain that momentum in the coming years and decades – if…
India’s Lissun raises $1M Pre-Seed round from IvyCap Ventures and others
Lissun, an India-based full-stack solution for mental and emotional healthcare, has announced close of its $1 million Pre-Seed fundraise round. The round led by IvyCap Ventures…
YAS MicroInsurance completes $4.5M Pre-Series A round led by Noria Capital, ZEMU VC & JKL Capital
YAS MicroInsurance (YAS), an insurance on-blockchain pioneer in Hong Kong, has announced the completion of their Pre-Series A fundinground, raising $4.5 million. The round was led…
McLaren Racing launches 7-page comic NFTs on Tezos
Formula 1 powerhouse McLaren Racing launches a 7- page comic series of NFTs on the energy-efficient Tezos — also an official Technical Partner of the team — ahead of the Singapore…
Indonesia’s Traveloka gets $300M investment from BlackRock, Allianz, Orion Capital Asia and others
Indonesia Investment Authority (INA), BlackRock, Allianz Global Investors, Orion Capital Asia, and other leading global financial institutions have signed an agreement to provide…
Malaysia’s Carsome announces ‘group-wide accelerated profitability plan’ including job cuts
As part of the "employee base optimization", Carsome said it will focus on improving productivity across the business, aligning resources with contributions to the bottom line,…
Softbank-backed Carro sees ‘many’ opportunities in Japan market; eyeing Australia, Philippines, Vietnam
Besides Japan, Carro is also eyeing several markets including Australia, Philippines, Vietnam markets, Narushima said.
Grab targets group adjusted EBITDA breakeven by second half of 2024
Singapore-based super app Grab Holdings Limited announced Tuesday that it is targeting to achieve breakeven on a group adjusted earnings before interest, taxes, depreciation, and…
Singapore’s Una Brands raises $30M Series B funding for category and regional expansion
Singapore-based E-commerce aggregator startup Una Brands announced Thursday it has closed a capital raise of $30 million in the first close of a Series B funding round led by…
Singapore’s HeadsUp secures $8.5M seed fund led by 645 Ventures
HeadsUp, the Singapore-based conversion engine for product led sales, announced Wednesday that it has closed $8.5 million in seed funding from top software as a service (SaaS)…
Ethereum security likely to remain under-challenged post-Merge?
There are reasons to believe the new changes brought by merge will make Ethereum temporarily less secure, but there are always two sides to the crypto coin. Where contributors are…
