News

UK’s YOOBIC opens Bangkok office, doubles down on Asia Pacific

YOOBIC, the all-in-one frontline employee experience platform based in United Kingdom, has on Tuesday announced the opening of its Asia Pacific (APAC) headquarters in Bangkok, Thailand, to support the company’s rapid expansion in the region.

Green investment in SEA falls 7 percent year-on-year to $5.2B in 2022, a report shows

Green investment in Southeast Asia (SEA) fell 7 percent to $5.2 billion in 2022 from $5.6 billion in 2021, continuing a downward trend from previous years. a report showed Tuesday.

US SEC files 13 charges against Binance entities & Founder Changpeng Zhao

Charges include operating unregistered exchanges, broker-dealers, and clearing agencies; misrepresenting trading controls and oversight on the Binance.US platform; and the unregistered offer and sale of securities.

Ex-Fave boss Joel Neoh joins NASDAQ-listed HealthTech firm Prenetics

Prenetics is a genomics and precision oncology company dedicated to transforming patient care through advanced genomic and molecular technologies.

Capital A plans to launch ride-hailing in the Philippines challenging Grab – report

Capital A, previously known as AirAsia Group, has been aggressively building its digital businesses and super app over the last three years as most of its planes were grounded due to travel restrictions to contain the COVID-19 pandemic. The group has hoped to build its super app, modeling regional tech giants such as Grab’s and Gojek’s super apps which…

Aurum PropTech acquires Indian proptech brand NestAway for $11M

Aurum PropTech (formerly known as Majesco Limited) has approved the acquisition of up to 100 percent stake in NestAway Technologies Private Limited (NestAway), a PropTech brand in India for a consideration of up to INR 90 crores ($11 million) .

Total funding into environment tech companies falls 5 percent year-on-year to $29.9B in 2022, says Tracxn

Tracxn Technologies, a global software as a service (SaaS)-based market intelligence platform, said that the funding in the environment tech sector dropped 5 percent year-on-year to $29.9 billion in 2022. The decrease of funding in 2022 was largely due to the 5 percent decline in late-stage funding from $20.6 billion in 2021 to $18.4 billion in 2022.

Vietnam’s Oxalus raises $1.1M in seed funding led by IDGCVB and Kyber Ventures

Oxalus, a Vietnam-based blockchain startup developing a non-fungible token (NFT) social commerce platform, has raised $1.1 million in seed funding led by IDGCVB and Kyber Ventures. With the new fund, the firm will consider making further investments in data development and growing its engineering team.

India’s Capillary Technologies raises $45M Series D funding from Avataar Ventures and its LPs

Indian software as a service (SaaS) startup Capillary Technologies has on Thursday announced the successful closure of its Series D funding round at $45 million. The company said in a statement that it has raised the fund from a consortium of global investors- Avataar Ventures along with its limited partners (Pantheon, 57Stars, and Unigestion), Filter…

Malaysian FinTech firm Bayo Pay raises $2.2M in funding led by VentureTECH SBI

Malaysian FinTech firm Bayo Pay (M) Sdn Bhd has raised $2.2 million Series A funding led by venture capital firm VentureTECH SBI Sdn Bhd. VentureTECH SBI and VentureTECH Sdn Bhd have invested MYR 7 million ($1.52 million) and MYR 3 million ($650,000) respectively in Bayo Pay.