ADDX, ICHAM ink $200M agreement linked to China government-granted quota for offshore investments
ADDX has reached an agreement with the Singapore-regulated wealth and fund management company ICHAM, which has received a $200 million allocation as part of the Chongqing…
Airwallex secures money services business license in Malaysia, now positioned for growth in Southeast Asia
From early next year, businesses in Malaysia can enjoy "fast, transparent and cost-effective" international payments in multiple currencies, empowering them to operate and grow…
Singapore’s Accelerating Asia launches $20M Fund II
The targeted $20 million fund already has around 50 percent in soft commitments from existing investors and partners.
Facebook, Bain & Co Report: Southeast Asia’s digital consumer population to reach 380M by 2026
Since the start of the pandemic, 70 million people have become digital consumers. Nearly half of them, or around 30 million people, became digital consumers from 2020 to 2021…
How Mighty Networks pulled in 10,000 highly engaged customers
Serial entrepreneur Gina Bianchini, CEO of Mighty Networks, shares a variety of marketing gems as she recounts the journey from zero to 10,000 customers.
Indonesia’s Ayoconnect raises $10M in Pre-Series B funding round
Pre-Series B funding allows Ayoconnect to continue to focus on growth, recruitment, and product development - particularly in building the API economy in Indonesia with full-stack…
Singapore’s Zipmex bags over $41M in Series B funding round
Bank of Ayudhya’s corporate venture capital arm, Krungsi Finnovate, has joined as an investor. Plan B Media Public Company Ltd and Master Ad Public Company Ltd have also announced…
Malaysia’s Carsome raises $200M in financing round, valuation hits $1.3B
The Series D2 round saw participation from one of the largest sovereign wealth funds in the region and a pool of new international investors such as Catcha Group and MediaTek as…
Amid the global pandemic, here are trends and innovations shaping the F&B industry
With the rise of delivery, the importance of a strong digital marketing plan becomes vital. Digital marketing will be the key to push your grand opening, promote your restaurant…
Digital health platform Doctor Anywhere closes $65.7M Series C, deepens expansion into Southeast Asia
DA has built a strong ecosystem of payers, providers, and patients across its core markets. It has close to 2,800 doctors and medical professionals within its network in the…
Can we finally predict earthquakes? With AI and data collection, AETA may have figured it out
It is a combination of using new technology (advanced sensory systems using high frequencies), data collection (big data), and AI to run earthquake prediction. This current model…
Malaysia’s gig workers employment platform Troopers bags close to $1M in Series A round
The investment will be used for technology development, marketing, and working capital to further expand its business In Malaysia.
