Author: Yimie Yong
News,Asia,SaaS,Singapore,FinTech
Singapore-based Qapita raises $15M Series A co-led by East Ventures & Vulcan Capital
Qapita plans to add more products to its platform that will not only provide solutions for private companies and startups but also to investors, shareholders and employees.
October 6, 2021
Malaysia-based telemedicine firm DOC2US expands to Myanmar
DOC2US is also actively talking to other partners in neighbouring countries such as Cambodia, Laos and Vietnam to improve the accessibility to healthcare in those countries.
October 6, 2021
News,Asia,Venture Capital,Singapore,Cybersecurity
Temasek leads $550M funding round in Israel cloud security firm Orca Security
Orca Security will leverage Temasek’s investment portfolio and global network to deepen its penetration into the Asia Pacific (APAC) region and beyond, and into key industries such as telecom, financial services, transportation, consumer goods, and more.
October 6, 2021
News,Vietnam,HealthTech,SEA,Investments
Mekong Capital invests $15M into Vietnam-based genetic testing firm Gene Solutions
Gene Solutions is the sixth investee company announced by Mekong Enterprise Fund IV.
October 5, 2021
SEA,Malaysia,TNGlobal Q&A and Interviews,Asia,Venture Capital
RHL Ventures’ Hibiscus Fund targets final close of up to $100M, eyes opportunities in food, healthcare & mobility sectors
The Hibiscus Fund is targeting a final close at $80 million to $100 million.
October 5, 2021
News,FinTech,Investments,Venture Capital,SEA,Indonesia
Online brokerage Ajaib becomes Indonesia’s latest unicorn after raising $153M Series B round
The Jakarta-based startup has reached a valuation of $1 billion after raising $153 million in a financing round led by DST Global.
October 5, 2021
Investments,News,SEA,Indonesia,Singapore,FinTech
Grab to increase stakes in Indonesia-based e-wallet OVO to 90% – report
Grab has increased its holding in Ovo's parent company PT Bumi Cakrawala Perkasa from about 39 percent.
October 4, 2021
News,Malaysia,FinTech,Indonesia
Malaysia-based PayHalal partners Atome to offer ‘Shariah-compliant’ BNPL options in Malaysia, Indonesia
The partnership further enhances the shopping and payment experience of shoppers and supports Muslim retailers and businesses with increased sales amid the pandemic.
October 4, 2021
News,eCommerce,Indonesia,SEA,Investments
Indonesia e-commerce firm Ula bags $87M Series B, ropes in Amazon’s Jeff Bezos as investor
The funding round was co-led by Prosus Ventures, Tencent and B Capital Group. Amazon founder Jeff Bezos's Bezos Expeditions also joined the round.
October 4, 2021
SoftBank-backed Indian hotel aggregator OYO files draft papers for $1.14B IPO
The hotel aggregator's IPO plan also comes at a time when travel restrictions are being eased in many countries and the tourism sector is expected to rebound.
October 1, 2021












