News

Singapore’s Right-Hand Cybersecurity announces $5M Series A funding

Right-Hand Cybersecurity, a Singapore-based human risk management firm for cybersecurity, has on Tuesday announced its successful $5 million Series A led by former PayPal Executive Jack Selby and his firm AZ-VC, the largest venture capital firm in Arizona.

Singapore’s Igloo extends weather index insurance to coffee farmers in Vietnam

Following the success of the weather index insurance for rice farmers, Singapore-based insurtech Igloo expands its blockchain-based parametric index insurance to coffee farmers.

Apple launches ‘Buy Now, Pay Later’ service in US

Apple's launch of BNPL service came at a time when some see the hype around BNPL is fading. During or even before the pandemic, BNPL has seen strong growth in Europe, United States, Australia and Southeast Asia, although it is starting to stir concerns among regulators that it could cause youngsters, who are often seen as financially naive, to overspend and…

Alibaba to host conference call on Thursday to discuss split plans – report

It was reported that Alibaba intends to split its operations into six standalone units, each managed by a different chief executive.

Gobi Partners onboards Care Concierge to the Khazanah-backed Gobi Dana Impak Ventures fund

Gobi Partners, an interconnected Pan-Asian venture capital (VC) firm, has onboarded its first portfolio, Care Concierge under its newly established Gobi Dana Impak Ventures (GDIV) fund.

Filipino fintech Advance secures $16M in a pre-Series A funding led by Do Ventures, Lendable

Filipino fintech Advance has successfully secured $16 million in a pre-Series A funding led by Do Ventures out of Vietnam and Lendable, a technology-enabled investment and debt provider to fintechs in emerging markets.

Indonesia’s Bukalapak achieves profitability in FY22 on investment gains

Indonesian e-commerce firm PT Bukalapak.com Tbk (Bukalapak) has achieved profitability in financial year ended December 31, 2022 (FY22) on investment gains.

Singapore’s STACS partners Thailand Greenhouse Gas Management Organization for carbon credit market

Singapore's environmental, social, and governance ESG fintech STACS has partnered Thailand Greenhouse Gas Management Organization to bring greater transparency to the carbon credits market in Thailand.

Gogoro partners Zomato, Kotak Mahindra Prime to accelerate electric vehicles adoption in India

Gogoro Inc., a Taiwan-based battery swapping firm, has on Tuesday announced a partnership with Zomato, the food ordering and delivery platform in India, and Kotak Mahindra Prime Limited, a subsidiary of Kotak Mahindra Bank Limited. The partnership is focused on accelerating the adoption of sustainable electric vehicles (EV) in India.

Thai insurtech Roojai raises $42M Series B funding led by HDI International

Roojai, a Thai-based online business to consumer (B2C) insurtech, has announced a $42 million Series B funding round led by HDI International, the international retail insurance division of the German Talanx Group.