News
Indonesia’s Populix raises $7.7M Series A funding led by Intudo Ventures and Acrew Capital
Populix, an Indonesia-based homegrown consumer insights platform, announced Monday the closing of a $7.7 million Series A round of financing, led by Intudo Ventures and Acrew Capital, with participation from Altos Ventures and Quest Ventures. With this round of financing, it will reinforce its efforts to digitize the entire data collection process.
dHost lauches new identity and announces regional expansion in APAC
dHost, an in-building neutral hosting service provider and technology enabler, announced on Friday its new brand identity, reflecting expanded technology solutions and new verticals strategy in APAC & Japan. The announcement signifies dHost’s commitment to help mobile network operators and industries to take on technology risk and upfront investment costs -…
Vietnam’s OnPoint closes $50M Series B funding led by Temasek’s fund
OnPoint, a Vietnam-based e-commerce enabler, announced Friday it has raised $50 million Series B funding led by SeaTown Private Capital Master Fund, a fund managed by SeaTown Holdings International (SeaTown), an indirect wholly owned subsidiary of Temasek Holdings. SeaTown’s investment will be the largest private investment in the Southeast Asia (SEA)…
Indonesia’s Gojek says ‘no current plans’ to enter Malaysia
“Gojek is not currently available in Malaysia and we have no current plans to enter the market,” a Gojek spokesperson told TechNode Global in an email.
Singapore’s ShopBack raises $80M Series F investment led by Asia Partners
ShopBack, a Singapore-based shopping and rewards platform, announced Friday that it has raised $80 million of new capital in a funding round led by Asia Partners. The raise is to support the group’s vision to build the leading shopping and rewards platform across the Asia Pacific region, ShopBack said in a statement. Existing investor January Capital also…
Malaysia’s unicorn Carsome to delay dual-listing plans – report
Carsome, which is also Malaysia's first tech unicorn, has halted work on the planned offerings that were set for this year, the people reportedly said. Carsome may revive the first-time share sales next year if markets improve, they added.
Ethis Group and Gobi Partners to debut Shariah-compliant $20M seed fund
Malaysian ethical investment and social finance platform operator Ethis Group, has on Thursday launched EthisX as part of its global expansion plan, continues to trail blaze by collaborating with pan-Asian venture capital firm, Gobi Partners, to structure and set up a $20 million Shariah-compliant seed fund.
Hong Kong’s SleekFlow bags $8M Series A funding led by Tiger Global
Following its seven-figure pre-Series A funding round last year, Alibaba Entrepreneur Fund-backed software as a service (SaaS) omnichannel social commerce platform SleekFlow announced Thursday the completion of its $8 million Series A funding round, led by New York-based investment firm Tiger Global Partners.
ADDX partners China Construction Bank on $200M allocation under China’s offshore investment scheme
Singapore's private market exchange ADDX and China Construction Bank (Chongqing and Singapore branches) have entered a partnership to help domestic investors in China participate in the country’s official offshore investment scheme. The financial institutions announced on Thursday the signing of a memorandum of understanding (MOU) that paves the way for…
RPG Commerce raises $29M in Series B funding round led by East Ventures
RPG Commerce, South East Asia’s leading Direct-To-Consumer (DTC) social e-commerce company, has secured US$29 million in a Series B funding round led by East Ventures, UOB Venture Management, Vertex Ventures SE Asia & India (VVSEAI), and RHL Ventures. VVSEAI previously led RPG Commerce’s Series A funding and has continued to invest in this current…
