Yimie Yong
News,Investments,PropTech,Singapore
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.
August 5, 2021
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.
August 4, 2021
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.
August 4, 2021
News,Vietnam,eCommerce,Transportation,Venture Capital
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.
August 4, 2021
News,Indonesia,Mergers and Acquisitions,SEA
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.
August 4, 2021
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.
August 3, 2021
News,Malaysia,FinTech,TNGlobal Q&A and Interviews
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.
August 3, 2021
Asia,Venture Capital,Singapore,EdTech
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.
August 3, 2021
News,Indonesia,Malaysia,Mergers and Acquisitions
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.
August 2, 2021
News,Asia,Venture Debt,Singapore
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.
July 30, 2021
Malaysia, Japan seal $310M in green bioeconomy
May 16, 2025
Malaysia, Japan seal $310M in green bioeconomy
May 16, 2025