News

Singapore’s Supabase announces $80M Series B funding led by Felicis

Supabase, a Singapore-based open-source database-as-a-service (DBaaS) company, announced Tuesday that it has raised $80 million in Series B funding led by Felicis, with…

Grab announces three ESG goals for sustainable and inclusive growth

Grab, the Singapore-based superapp, announced Thursday three goals to drive sustainable and inclusive growth in Southeast Asia. The new goals are doubling the number of…

Indonesia’s Qoala raises $65M Series B funding led by Eurazeo

Indonesia-based insurtech startup Qoala, said Wednesday it has successfully raised Series B funding of $65 million led by Eurazeo. The round also saw participation from several…

Hong Kong’s Gusto Collective completes seed plus financing round of $11M

Gusto Collective, a Hong Kong-based BrandTech holding company, said Thursday it has raised $ 11 million in its seed plus funding round led by Animoca Brands and Gaw Capital. The…

YouTrip & Mastercard launch YouBiz smart corporate card for SMEs to earn unlimited cashback and save on FX fees

Singapore neobank YouTrip has launched its new business product, YouBiz on Wednesday. Powered by Mastercard®, it is a corporate card that enables enterprises to earn unlimited…

SC Ventures and SBI Holdings sign MOU to speed up portfolio expansion and build ecosystems

SC Ventures, Standard Chartered’s innovation, fintech investment, and ventures arm, announced that it had entered into a memorandum of understanding (MOU) with SBI Holdings, Inc.…

Taiwan’s Gogoro to launch battery swapping platform & smartscooters in Israel

Gogoro Inc., a Taiwan-based battery swapping ecosystems provider, announced Thursday it is partnering with Israeli two-wheel vehicle distributor Metro Motor and Israeli gas and…

Vietnam’s EV maker VinFast’s IPO may be delayed till next year – report

Vietnam-based electric vehicle maker VinFast may see its initial public offering in the US delayed till next year due to market uncertainty, Reuters reported, quoting its parent…

Singapore’s Sea Ltd prepares move into Indonesia’s insurance sector – report

Singapore-headquartered e-commerce and gaming giant Sea Ltd is said to be preparing a move into Indonesia’s insurance sector. The US-listed tech firm has prepared plans to acquire…

Temasek’s Fullerton Fund Management to list private equity fund on ADDX’s digital platform

Private market exchange ADDX said Wednesday it has partnered with investment specialist Fullerton Fund Management Company Ltd (Fullerton) to list Fullerton’s private equity fund…