News
Singaporean digital private debt platform Kilde raises $1.12M seed round
Kilde, a digital private debt platform based in Singapore, announced Tuesday that it had received a $1.12 million seed round investment from Big Sky Capital, Borderless Capital, AXL ventures, Algorand Foundation, and angel investors.
Wavemaker Impact, Breakthrough Energy Ventures, GenZero, and Temasek launch new agri-tech startup Rize
Wavemaker Impact, Breakthrough Energy Ventures (BEV), GenZero, and Singapore’s Temasek have announced the launch of Rize, their new agri-tech startup to decarbonize rice cultivation in Southeast Asia and the rest of Asia.
India’s internet economy to reach $1 trillion by 2030, says report
A continued shift in consumer behavior and evolution of the business ecosystem will underpin the growth of India’s internet economy, from approximately $175 billion of consumption in 2022 to about $1 trillion by 2030, according to a report revealed on Tuesday.
Singapore’s Aspire hits profitability three months after closing $100M Series C funding
Just months after closing an oversubscribed $100 million Series C round, Singapore-based business to business (B2B) fintech firm Aspire announced that it has achieved profitability.
Five Malaysian firms selected to pilot projects with MRANTI and UNICEF
Five Malaysian firms have been selected to pilot projects with the Malaysian Research Accelerator for Technology and Innovation (MRANTI) and the United Nations Children’s Fund (UNICEF).
Sequoia India & Southeast Asia rebrands as Peak XV Partners
Sequoia India & Southeast Asia, the largest venture capital firm in the region which manages over $9.2 billion across 13 funds, will now be known as Peak XV Partners globally.
Gobi Partners releases 2022 Sustainability Report as part of its commitment to UNGC’s Corporate Sustainability Principles
Pan-Asian venture capital firm Gobi Partners (Gobi) has on Monday released its 2022 sustainability report, highlighting the firm’s progress towards building more sustainable and diverse companies.
More than 400 small businesses in the Philippines now accept Bitcoin payments
Pouch.ph, a payment fintech launched in 2021 in the Philippines, said Monday it is transforming the landscape of the Philippine digital economy by enabling more than 400 small businesses to accept and process Bitcoin payments.
Khazanah leads PolicyStreet’s $15.3 million Series B fundraising round
Malaysia's sovereign fund Khazanah Nasional Berhad (Khazanah), under its Dana Impak mandate, recently led a Series B fundraising round of a Malaysian homegrown insurance technology (InsurTech) company, PolicyStreet, raising a total of $15.3 million. PolicyStreet recent fundraising round also garnered strong support from other local and international…
