Yimie Yong

Singapore property platform Ohmyhome raises $5M in Series A+ funding

The company will use the fresh capital to enhance its data-matching technology across its Singapore, Malaysia, and Philippine markets.

Indonesia BNPL firm Kredivo plans go public via via $2.5B SPAC merger

Public listing expected to enable Kredivo’s continued growth in Indonesia, expansion into regional markets, and the ability to enter new business lines.

China’s Huawei to invest $100M in Asia Pacific startup ecosystem over 3 years

The investment would go towards its Spark Program in the Asia Pacific region, which aims to build a sustainable startup ecosystem for the region over the next three years.

Vietnam’s Loship raises $12M in pre-Series C funding led by BAce Capital, Sun Hung Kai & Co

Loship marks a Vietnam foray for both of the lead investors BAce Capital and SHK & Co, as part of their strategies to capture the emerging market opportunities in Southeast Asia.

Indonesia’s Traveloka in talks to raise up to $400M for SPAC deal – report

The fundraising, a so-called private investment in public equity (PIPE), would be part of a deal to merge the online travel startup with Bridgetown Holdings Ltd as soon as this year.

Singapore FoodTech startup Hoow Foods raises $2.22M pre-Series A, launches new plant-based subsidiary Hegg Foods

The company is currently planning its pilot-scale production and is working on plans to commercialize HEGG by the first half of 2022.

BigPay banks on AirAsia’s ecosystem, consortium’s banking expertise to vie for digital banking license in Malaysia [Q&A]

In the interview, Dhanani also shared BigPay’s plans and strategy on how to serve the “underserved and unserved” segment in Malaysia.

Temasek, SoftBank invest in India EdTech unicorn Unacademy’s Series H funding round

The latest fundraise takes the valuation of Unacademy Group to $3.44 billion.

Malaysia’s Axiata eyes 66% stake in Indonesia’s Link Net

The group and its 66.48 percent subsidiary, PT XL Axiata Tbk, has entered a non-binding term sheet with Asia Link Dewa Pte Ltd and PT First Media Tbk to facilitate discussions and negotiations for a potential acquisition of 1.82 billion shares or 66.03 percent stake in Link Net.

Temasek, DBS jointly launch $500M debt financing platform for Asia’s growth stage tech firms

Headquartered in Singapore, EvolutionX will provide non-dilutive financing to growth stage technology-enabled companies across Asia, with a focus on China, India, and Southeast Asia.