News

AnyMind Group agrees to acquire Indonesian e-commerce enabler PT Digital Distribusi Indonesia

AnyMind Group, a Singapore-based commerce enablement company, has on Friday announced that it has agreed to acquire all shares issued by Indonesia-based eDistributor and e-commerce enabler, PT Digital Distribusi Indonesia (DDI).

Tracxn: funding into mom & baby care companies plunges 80 percent in 2022

Total funding raised by mom & baby care companies across the globe in 2022 was $418 million, a plunge of 80 percent from $2.1 billion in 2021, a report showed Friday.

Airasia Superapp and foodpanda join forces for groundbreaking partnership

The airasia Superapp and foodpanda have jointly announced a groundbreaking partnership, combining the strengths of both platforms to offer better value and greater convenience to users across Asean and beyond.

Southeast Asian tech startups raises $10.4B in 2022 despite global slowdown

Southeast Asian tech startups raised $10.4 billion in 2022, the third strongest year on record and on par with the pre-pandemic investment levels, said a report revealed by Momentum Works and Cento Ventures on Tuesday.

India’s Ripplr raises $40M in Series B funding led by Fireside Ventures

Ripplr, an India-based tech distribution and logistics platform, has announced that it has raised $40 million in a Series B round from new and existing Investors. The round was led by Fireside Ventures.

MobilityOne partners with Wibmo to issue Mastercard prepaid cards through Wibmo Hexa

Wibmo, a subsidiary of PayU, has partnered with MobilityOne, a Malaysia-based payment firm, to support the issuance of Mastercard prepaid cards through its prepaid platform Wibmo Hexa. The duo are set to foray into the Malaysian prepaid card market and offer various prepaid programs catering to consumer, corporate, government and the health sector.

Animoca Brands partners with ALTAVA Group to license its BAYC NFTs for ALTAVA’s BAGC project

Hong Kong-based gaming firm Animoca Brands has announced a licensing partnership with ALTAVA Group, a Singapore-based luxury fashion brand that brings culture-defining brands into the metaverse, to make use of the Bored Ape Yacht Club (BAYC) non-fungible tokens (NFTs) in Animoca Brands’ portfolio.

UK’s Actis launches $500M renewables business in Japan; makes first acquisition

Actis, a United Kingdom-based global investor in sustainable infrastructure, has launched Nozomi Energy, a new $500 million Japan-focused renewables platform. Nozomi will target 1.1GW of onshore wind and solar power generation by 2027.

Singapore’s Flash Coffee raises $50M in Series B round led by White Star Capital

Singapore-based tech-enabled coffee chain Flash Coffee has announced the successful completion of its Series B financing round led by White Star Capital, raising a total of $50 million following its latest closing.

Doceree partners with Hello Health to strengthen global footprint; forays into eight SEA markets

Doceree, a global platform building solutions for healthcare professional marketing (HCP) programmatic marketing with proprietary data tool, has on Wednesday announced its long-term partnership with Singapore-based health tech firm Hello Health Group.