News
Singapore’s Crypto.com secures preparatory license from Dubai
Singapore-based cryptocurrency exchange company Crypto.com has received its minimal viable product (MVP) Preparatory License from Dubai’s Virtual Assets Regulatory Authority (VARA).
Indonesia’s Etana secures financing from DEG, East Ventures and others
PT Etana Biotechnologies Indonesia (Etana), an Indonesian biopharmaceutical company, has secured a new round of investment led by DEG followed by Yunfeng Capital, HighLight Capital and East Ventures.
MoMo partners with Western Union for money transfer in Vietnam
Vietnamese digital payment firm MoMo and American multinational financial services company have on Monday announced a strategic collaboration enabling customers to receive Western Union money transfers on the MoMo app.
Korat’s startups to create big ripple in Northeastern economic corridor in Thailand
In a move that promises to transform the high value economy and quality of life in Korat, Suranaree University of Technology and the Office of Small and Medium Enterprises Promotion (OSMEP) have joined forces with the Nakhon Ratchasima Provincial Administrative Organization and 13 private organizations to push the establishment of the Korat Startup City.
India’s PhonePe raises $200M additional funding from Walmart
PhonePe, one of India’s largest fintech platforms, has on Friday announced it has raised additional $200 million in primary capital from Walmart, at a pre-money valuation of $12 billion.
Singapore’s Proxtera closes seed round from Ant Group, CerraCap Ventures and EDBI
Singapore-based digital technology firm Proxtera has announced the successful first close of the Series Seed round of funding by Ant Group, CerraCap Ventures, and EDBI.
Petronas plans to expand corporate venture capital arm with up to $200M – report
Malaysia's government has been wanting to boost and support the local startup ecosystem with various initiatives and policies. On Thursday, Malaysia’s sovereign fund Khazanah Nasional Berhad announced the launch of the Future Malaysia Program to support the local start-up ecosystem of entrepreneurs, start-ups, venture capital, and corporate venture programs…
Indie Game Publisher The Iterative Collective raises $1.2M in seed round
Singapore-based indie game publisher The Iterative Collective (TIC) announced Friday that it has raised $1.2 million in a seed round led by Cocoon Capital and prominent business angels.
Antler commits to investing into 30+ Indonesian startups in 2023
Antler, a global early-stage venture capital firm with strong presence in Indonesia, said Wednesday it will continue its commitment to support aspiring founders and early-stage teams by providing backing from day zero along with a goal to invest in over 30 Indonesian startups in 2023.
Khazanah launches Future Malaysia Program to spur the local start-up ecosystem
Malaysia's sovereign fund Khazanah Nasional Berhad has on Thursday announced the launch of the Future Malaysia Program to support the local start-up ecosystem of entrepreneurs, start-ups, venture capital, and corporate venture programmes through collaborations with domestic and international partners.
