News

Singapore Management University signs MOU with Kajima to jointly develop the built environment sector and shape future cities

Singapore Management University’s (SMU) Institute of Innovation and Entrepreneurship (IIE) has on Friday announced a three-year partnership with Kajima Asia Pacific Holdings Pte.…

Grab appoints Adelene Foo as Managing Director of Grab Malaysia

Grab, a leading everyday superapp in Southeast Asia, has announced the appointment of Adelene Foo as Managing Director of Grab Malaysia, effective February 1, 2023. Grab said in…

Carousell integrates Laku6 team, AI-first diagnostics technology to drive mobile recommerce expansion across Greater Southeast Asia

Carousell Group, the Singapore-based multi-category platform for secondhand, has integrated the Laku6 team's expertise and proprietary artificial intelligence (AI)-first…

Bangladesh-based B2B commerce platform ShopUp secures $30M debt financing

ShopUp, a Bangladesh-based full-stack business to business (B2B) commerce platform, has on Thursday announced a major milestone in securing $30 million in debt financing. ShopUp…

Gobi Partners onboards Malaysian startups Durioo+, Lapasar, Paywatch and pitchIN to the Gobi Superseed II Fund

Gobi Partners, the Pan-Asian venture capital (VC) firm with $1.5 billion in assets under management, has onboarded four more promising Malaysian startups to its Gobi Superseed II…

SUSI Partners sets up Southeast Asian renewables platform

Swiss clean energy fund manager SUSI Partners, through its Asia Energy Transition Fund (SAETF), has launched a platform for the development of utility-scale renewable energy…

Taiwan’s WeMo raises $15M from AppWorks to accelerate Southeast Asia expansion

WeMo Corp, a pioneer in urban mobility technologies,  announced on Wednesday the completion of Series A+ round led by AppWorks, with participation from Taiwan National Development…

US’s Strike partners Pouch.ph to expand lightning-fast money transfers to Philippines

Strike, the United States-based digital payments platform built on Bitcoin’s Lightning Network, has on Tuesday announced the expansion of its “Send Globally” product to the…

Indonesian cybersecurity firm Peris.ai secures funding led by East Ventures

Peris.ai, an Indonesian-based cybersecurity as a service startup, has on Wednesday announced the new funding led by East Ventures, a sector-agnostic venture capital firm in…

Ayoconnect partners Mastercard to build innovative solutions in bank-account based payments and open finance in Indonesia

Ayoconnect, an Indonesia-based open finance API platform, has on Tuesday announced a strategic partnership with Mastercard to modernize bank account-based payments and co-create…