AirAsia aims to become Asia’s largest food delivery, ride hailing company – report
AirAsia has been aggressively building its digital businesses and its Asean Super App over the last two years as most of its planes were grounded due to the ongoing COVID-19…
Sweden blockchain startup ChromaWay raises $10M funding led by True Global Ventures
True Global Ventures 4 Plus (TGV4 Plus) Fund has invested $5 million into ChromaWay, leading the $10 million latest fundraising round.
Taiwan sustainable fashion community-based marketplace PopChill raises $2.2M Pre-Series A funding led by AppWorks
PopChill announced Monday the completion of a $2.2 million Pre-Series A round of financing. The round was led by AppWorks, with participation from CTBC Venture Capital, B Current…
FTAG Ventures leads $4.5M round for Singapore livestreaming solutions provider BeLive Technology
FTAG Ventures has spearheaded a S$6 million ($4.45 million) bridge funding round for BeLive Technology, a Singapore-based livestreaming solutions firm aiming to expand its…
Singapore’s Sesto Robotics bags $5.7M from WTI Germany, TRIVE and SEEDS Capital
Sesto Robotics has raised $5.7 million funding from institutional investors TRIVE, German-based World Trading Inovation WTI GmbH and SEEDS Capital. It will be utilizing the funds…
[Updated] Malaysia’s AirAsia classified as financially distressed company
AirAsia triggered the financial distress criteria, known as PN17 back in July 2020. This came after its external auditor flagged significant uncertainties that cast doubt on its…
AI enables businesses to understand and optimize for customers’ needs in realtime [ORIGIN Innovation Awards Q&A]
Asia Pacific region businesses are very consumer-focused. AI is a perfect technology to help businesses understand consumers better, and also for consumers to receive better,…
UK-based Global Processing Services upsizes funding round, with participation of Temasek & MissionOG
Global Processing Services (GPS) has upsized funding round by approximately $100 million with participation of Temasek and MissionOG. This brings the total amount raised in its…
Indonesian wealthtech startup Pluang secures $55M funding led by Accel
Pluang has raised $55 million in a funding round led by Accel, with participation from Openspace. It plans to use the additional funding to further build out its technology…
Validus, TTC Group and Do Ventures form joint venture to expand access to credit for SMEs in Vietnam
Validus Vietnam, the Vietnam entity of Singapore-based small and medium enterprises (SME) growth financing platform Validus, TTC Group, a multi-industry conglomerate in Vietnam…
Japan’s JCB injects $5M in Malaysian fintech firm Soft Space in strategic partnership
Soft Space Sdn Bhd announced a new strategic partnership with Japanese international payment brand, JCB Co. Ltd. This strategic partnership is the first of its kind in Malaysia…
Startup accelerator F10 to incubate early-stage blockchain startups in Singapore with Klaytn Foundation
F10 will partner with Klaytn Foundation to launch an Incubation Program in Singapore. The program will support early-stage startups built on Klaytn, a blockchain platform…
Singapore cross-border payment firm Thunes kicks off expansion into Greater China
Thunes plans to significantly accelerate the expansion of its operations in Greater China, spanning mainland China, Hong Kong, Taiwan, and Macau. This news follows the recent…
Australian fintech startup Airwallex launches global payment services in Singapore
Airwallex announced Thursday its official launch in Singapore, following its grant of a Major Payment Institution (MPI) license by the Monetary Authority of Singapore and a beta…
