Singapore-based DTC bespoke jeweler MADLY raises new funding from East Ventures
MADLY, Singapore’s direct to consumer (DTC) jewelry design house, has on Thursday announced an investment received from the regional venture capital firm East Ventures. With the…
Government-backed startup Studio Indonesia Alumni raises $65.8M in funding
Startup Studio Indonesia (SSI), a startup accelerator program backed by the Indonesian government, has on Friday announced that its alumni have collectively secured funding worth…
Softbank-backed Carro reports record EBITDA in FY2023 driven by strong recurring ecosystem ancillaries
Carro, the Singapore-based online used car platform, announced Thursday that it has recorded its best ever full-year positive earnings before interest, taxes, depreciation, and…
Indonesia’s Evermos raises $39M funding led by IFC to fuel business expansion
Evermos, an Indonesia-based social commerce platform, has successfully raised $39 million in its Series C funding round. The funding is led by the International Finance…
VinFast partners with BCA Europe to deploy trade-in solution across three European markets
Vietnamese automaker VinFast and United Kingdom-based used vehicle marketplace BCA Europe have announced a new three-year Pan-European agreement on trade-in activities. This new…
Tech sector may be in ‘funding winter’ but AC Ventures sees opportunities in EV, circular economy & sustainable agriculture, says Managing Partner [Q&A]
In the interview, Helen Wong also shared her views on the overall investment sentiment in Indonesia and gave updates on the deployment of its funds, among others.
Indonesia’s eFishery earns unicorn tag after raising Series D round – report
It was reported that 42XFund contributed $100 million to the round, while SoftBank Vision Fund II chipped in nearly $5 million, according to eFishery’s filings with Singapore’s…
Sequoia-backed Circles forms joint venture with Middle East telco firm e& for digital services
Sequoia-backed Circles has on Thursday announced that it has entered into a strategic partnership with Abu Dhabi-headquartered telco firm telco firm e& international for…
Grab co-founder Tan Hooi Ling to step down from official positions by year-end
Grab Holdings Limited has on Thursday announced that Tan Hooi Ling has informed its board of directors of her intention to step down from her operating roles at Grab, including…
Aerodyne unveils innovative solutions for advanced air mobility and UAS ISTAR
Aerodyne Group, the Malaysia-based drone services provider, has unveiled its two highly anticipated flagship solutions, ARGENTAVIS and FULCRUM, at the Langkawi International…
Atome partners with Amazon to offer deferred payment option during checkout in Singapore
Atome, a Singapore-based buy-now-pay-later (BNPL) platform, has on Wednesday announced that its flexible buy now pay later payment option is now available for Amazon customers in…
Indonesia’s SkorLife grabs US$4M seed funding led by Hummingbird Ventures
Indonesia-based fintech company SkorLife has announced that it raised a $4 million seed funding round led by global tech investor Hummingbird Ventures, with participation from QED…
Metalpha’s Next Generation Fund I secures strategic investment from crypto leader
Metalpha Technology Holding Ltd, a Hong Kong crypto-based wealth management company, has on Thursday announced its Next Generation Fund I, formed in partnership with NextGen…
Singapore’s GoodGang Labs receives $2M seed funding from Kakao Investment
Singapore-based avatar communications company GoodGang Labs has on Thursday announced that it has successfully raised $2 million in seed funding from Kakao Investment, a…
