Author: TechNode Global Staff

Malaysia’s MAVCAP announces new COO and CIO

Malaysia Venture Capital Management Berhad (MAVCAP) on Monday announced the appointment of Noor Amy Ismail as Chief Operating Officer (COO) and Paramjit Singh Gill as Chief Investment Officer (CIO), effective August 1.

Animoca Brands and Lympo partner with Play Magnus on chess-inspired blockchain game “Anichess”

Animoca Brands and its subsidiary Lympo, a leading global sports non-fungible token (NFT) ecosystem, announced Monday that they are developing Anichess in partnership with Play Magnus Group (PMG), a global leader in the chess industry that offers entertainment and e-learning services via its chess market brands.

Icetea Labs, Polygon and Alpha Venture DAO announce inaugural Web3 accelerator program for SEA region

Web3 leading incubator Icetea Labs announced Monday the creation of its inaugural Web3 accelerator program in conjunction with Polygon, one of the top blockchain development platforms offering scalable and sustainable blockchains and Alpha Venture DAO, the leading Web3 venture builder and incubator in Southeast Asia.

Funding Societies launches enhanced SME-focused term financing BizFund

Funding Societies, the largest small and medium-sized enterprises (SME) digital financing platform in Malaysia and Southeast Asia, announced Monday its latest enhanced product BizFund, to support creditworthy underserved Malaysian SMEs returning to their full economic potential as markets recover following the outbreak of the Covid-19 pandemic.

Vietnam’s Society Pass marks first foray into Indonesia by acquiring Jakarta-based NusaTrip

Society Pass Inc (SoPa), a Vietnam-based next generation digital ecosystem, announced Monday the acquisition of NusaTrip, a leading Jakarta-based online travel agency (OTA) in Indonesia and across Southeast Asia (SEA). The NusaTrip acquisition extends SoPa's business reach into the booming SEA regional travel industry and marks SoPa's first foray into…

Indonesian MSME enabler majoo raises $10M series A funding

Indonesia-based micro, small and medium enterprises (MSME) enabler majoo announced on Monday that it raised a $10 million series A funding round led by an undisclosed global technology investor. The deal was joined by existing investors AC Ventures, Quona Capital, BRI Ventures, and Xendit.

Philippine parenting e-commerce start-up edamama closes $20M Series A funding

Edamama, the Philippines’ leading parenting-focused e-commerce platform, has secured a $20 million Series A funding round led by Alpha JWC Ventures. The round was also participated by its existing investors including Gentree Fund, Robinsons Retail Holdings Inc. (RRHI), and Kickstart Ventures.

Philippines pauses Virtual Asset Service Provider licenses for three years

The Bangko Sentral ng Pilipinas (BSP), the Philippines Central Bank, said Friday it has approved a modified approach which involved the closure of the regular application window for new VASP licenses for a period of three years and grant of new VASP licenses only to existing BSP supervised financial institutions (BSFIs).

Grab launches GrabScholar Program and GrabMerchant Center in Singapore

Grab, Southeast Asia’s leading superapp, announced Thursday two new initiatives to drive inclusive growth in Southeast Asia at the official opening of its Headquarters @ Singapore. The new initiatives include a $1 million GrabScholar Programme to disburse scholarships and bursaries to students across Southeast Asia, and a new GrabMerchant Centre to help…

Indonesia’s GoTo launches GoFood on Tokopedia

PT GoTo Gojek Tokopedia Tbk (GoTo), the Indonesia merged entity of Gojek and Tokopedia, has further strengthened synergies across its platforms with the launch of GoFood, its online food delivery service, on Tokopedia.