News

India’s Facets.cloud raises $4M in seed funding led by 3one4 Capital

Facets.cloud, a self-serve infrastructure management platform based in India, has raised $4 million in a seed funding round led by 3one4 Capital. The firm aims to use this capital to expand in the United States market, promote and advance the platform engineering philosophy and enhance its product offerings.

Duet AI expands across Google Workspace and Google Cloud

Google Cloud announced Wednesday that Duet AI will now provide artificial intelligence (AI) assistance across an even wider range of Google Cloud products and services to cloud users spanning employees, software developers, information technology (IT) operators, data practitioners, and cybersecurity professionals.

Singaporean SaaS HealthTech firm MiyaHealth concludes $7.7M Pre-Series A fundraise for global expansion

MiyaHealth, a Singapore-headquartered software as a service (SaaS) HealthTech firm, has closed SGD 2.4 million ($1.78 million) Pre-Series A extension round amidst the funding winter, bringing the total fundraise to SGD 10.4 million ($7.7 million).

Superbank, Genesis Alternative Ventures launch $39.38M financing solution for innovative Indonesian startups

PT Super Bank Indonesia (Superbank) and Genesis Alternative Ventures (Genesis), Singapore-based venture lender, have launched a financing solution, with both entities committing up to IDR 600 billion ($39.38 million) to back innovative Indonesian startups.

India’s PhonePe launches stock broking platform Share(dot)Market

Indian digital payments and financial services company PhonePe, has on Wednesday announced its foray into stock broking with Share(dot)Market, under its subsidiary PhonePe Wealth Broking Pvt. Ltd. Share(dot)Market elevates discount broking by providing market intelligence, quantitative research-based WealthBaskets, a scalable technology platform, and great…

Malaysia’s iPrice launches price comparison platform in Australia

IPrice Group, a Malaysia-based e-commerce technology company, has launched its price comparison platform in Australia. With the launch of iPrice.au, iPrice stands apart in the Australian market with its unique ability to compare and curate offers at the same scale that has led to their dominance across Southeast Asia (SEA).

Singapore’s Qashier raises $10M in Series A funding co-led by Delivery Hero Ventures, IFP Securities

Singapore-based fintech startup Qashier announced Wednesday that it has secured $10 million in a Series A funding round. The funding round was co-led by Delivery Hero Ventures, an independent venture capital fund backed by Delivery Hero, the world’s leading local delivery platform, and IFP Securities.

Online wholesale marketplace Markato launched in Hong Kong

Markato, an online wholesale marketplace for independent retailers and buyers in Asia, has on Tuesday announced its official debut in Asia, launching first in Hong Kong. Markato will expand its footprint across the region beginning with Singapore in the coming months, to unlock the Southeast Asia hub’s B2B wholesale and retail opportunity.

Funding Societies partners PEKEMA to bolster Malaysian automotive industry via digital financing

Funding Societies, the Singapore-based digital finance platform for small and medium enterprises (SMEs), and the Malay Vehicle Importers and Dealers Association of Malaysia (PEKEMA) and have entered into a collaborative effort to facilitate accessible financing through a digital financial platform. The collaborative agreement, formalized through this…

Ant partners PayNet to promote payment for inbound and outbound Malaysian travellers

Chinese FinTech firm Ant Group has partnered Malaysian payment firm PayNet to promote payment for inbound and outbound Malaysian travelers. The partnership will enable all Malaysian e-wallets supported by PayNet to be accepted by Alipay+ merchants network globally in 2024.