News

SingleInterface, an India-based software as a service (SaaS) startup, has on Wednesday announced a $30 million financing in its first ever external fundraising round.The firm said in a statement that Asia Partners, a Singapore-headquartered growth equity investment firm, led the round.

HD, a Thailand-based healthcare and surgery marketplace, has announced the completion of a $5.6 million Series A funding round. This significant round was led by SBI Ven Capital, a subsidiary of the renowned Japanese Internet-based financial giant, SBI Group, through its joint fund with Kyobo Securities from South Korea and NTU Singapore’s NTUitive.

Shopee, the Singapore-based e-commerce platform, is doubling down on operational and logistics investments in Malaysia as it maintains its #1 marketplace position by average monthly active users and total time spent in-app.

Philippine over-the-counter (OTC) cryptocurrency exchange Moneybees and pawnshop conglomerate Tambunting Kahera ng Bayan have announced a strategic partnership aimed at improving access to financial services for crypto enthusiasts, particularly in Forbes Park in Makati and rural and remote areas nationwide.

WasteX, a Singapore-based climate tech company operating in Indonesia and the Philippines, has secured $450,000 in funds from P4G Partnerships, an initiative that helps businesses working on climate mitigation and adaptation solutions in food, water, and energy.

GDS, a developer and operator of high-performance data centers in Asia, and Gaw Capital Partners, a private equity fund management firm, have on Tuesday announced a strategic partnership to build a 40 megawatts (MW) data center campus in Tokyo, Japan.

Indonesian fisheries startup FishLog announced Tuesday that it has successfully closed its Pre-Series A extension round funding. The round saw participation from Mandiri Capital Indonesia, BNI ventures, Accel Partners, Insignia Ventures Partners, and Saison Capital. With investments from Mandiri Capital and BNI Ventures.

Salmon Group, a financial technology group, dedicated to improving access to credit, savings, and investments for over 500 million underserved customers in Southeast Asia, has partnered with with the Philippines-based payment firm AllBank (A Thrift Bank), Inc, to introduce an innovative QR Ph-enabled payment solution

Vietnamese automaker VinFast has officially opened its first dealer store in Indonesia. In addition to partnering with PT Gallerie Setia Utama, VinFast plans to significantly expand its EV distribution network across major cities in Indonesia throughout 2024.

Carousell Group, a multi-category platform for secondhand in Greater Southeast Asia, has acquired the business of Singapore’s luxury bag reseller and authenticated luxury consignment platform LuxLexicon.