Credit Suisse recognizes AirAsia Digital as tech unicorn alongside Carsome, Axiata’s Edotco

AirAsia Digital is valued at around $1 billion based on all-share transaction in July 2021, as reported by the company, Credit Suisse said in the report dated Oct 5.

Shoplinks raises $900K seed fund led by Cocoon Capital

Shoplinks will use the funds to strengthen its foothold in Indonesia before expanding into other Southeast Asian markets. Additionally, the funds will be used to grow its team and…

Singapore IoT firm UnaBiz raises $25M in Series B led by SPARX Group

The funding brings UnaBiz’ total capital raised to $35 million since it launched in July 2016.

Garbage in, garbage out: The power and pitfalls of AI in recruitment

When used ethically and in an evidence-based way, AI can be a force for good in recruitment and give HR managers and recruiters an objective edge that is so often lacking in the…

Xfers’ digital assets platform StraitsX hits $1.48B in transactions in 2021

Adding on to this announcement is the unveiling of StraitsX’s new platform and identity. The new StraitsX platform features a redesigned and streamlined user interface to enable…

Malaysia-based Solarvest launches startup program focusing on RE, green tech, FinTech

Solarvest will assist in further fundraising and other grant applications that are relevant and help the company get connected by leveraging its extensive business network.

Singapore Heritas Capital Fund II

Healthcare-focused PE firm Quadria Capital mulls SPAC listing in Singapore – report

Earlier reports showed Internet entrepreneur Patrick Grove, Singapore-based PE firm Novo Tellus Capital Partners, French alternative investment manager Tikehau Capital SCA are…

IoT made simple: 3 big IoT questions answered

IoT bears the potential to improve our lives and make the world a safer place. But what stands behind this technology? Here, I’ll lead you through IoT, how it works, what benefits…

Indonesia fleet management firm TransTRACK.ID raises $552K Seed round from Cocoon Capital, IWEF

TransTRACK.ID will use the funds to scale product development and expand its network of partners across Indonesia to dominate the market.

Bank Negara Malaysia working with ‘relevant authorities’ to address concerns over BNPL

It is important for individuals to understand the terms and conditions of the BNPL schemes, and to not take debt that they cannot afford, the regulator warned.

Singapore-based Funding Societies raises $18M in debt, on track to raise $120M

It is on track to raise $120 million in institutional debt for funding the growth needs of MSMEs in Southeast Asia.

Sequoia-backed Incomlend launches $60M invoice financing program for ESG-focused SMEs

Incomlend connects SMEs globally with communities of investors, enabling them to finance individual invoices on an exchange platform. Since 2016, Incomlend has financed over $500…

Legendary Ventures’ Jayson Kim on investing in SpaceX, transformative tech, and corporate innovation [Podcast Q&A]

There have been lots of winners and losers from the pandemic. Initially, service sectors such as retail, real estate, hospitality, and travel took the initial blows. But I think…