News
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…
Cordlife partners AMILI to launch gut microbiome banking service in Southeast Asia
Cordlife Group Limited (Cordlife), a Singapore Exchange mainboard listed consumer healthcare company, and AMILI Pte. Ltd. (AMILI), a Singapore-based microbiome firm, announced Tuesday a strategic partnership to provide the first-ever gut microbiome banking service in Singapore and the region.
Singapore’s Helicap raises $5M from Tikehau Capital and PhillipCapital
Helicap, a Singapore-based FinTech platform, said Wednesday it has raised $5 million in a strategic funding round from two global asset management powerhouses. The round was led by Temasek-backed international alternative asset management group Tikehau Capital, and integrated Asian financial house PhillipCapital, each with over $35 billion in Assets Under…
India’s LeadSquared secures $153M from WestBridge Capital, turns unicorn
India-based sales automation software as a service (SaaS) platform LeadSquared said Tuesday it has secured an investment of $153 million in the Series C funding round by WestBridge Capital.
Sea Ltd former Chief Strategy Officer Alan Hellawell joins AC Ventures as Senior Advisor & Venture Partner
AC Ventures(ACV), an early-stage Indonesia-focused Venture Capital firm, said Wednesday it has appointed Alan Hellawell as Senior Advisor and Venture Partner. Alan will bring to bear deep technology industry experience to support ACV’s portfolio companies in areas such as value creation, advisory, and strategic introductions; as well as apply his expertise…
Vietnam’s Finhay raises $25M Series B co-led by Openspace Ventures and VIG
Finhay, Vietnam-based digital investment platform, said Wednesday it has secured a $25 million Series B round co-led by Openspace Ventures and VIG, along with Insignia, TVS, Headline, TNBAura and IVC.
Indonesia startup studio alumni achieves over $22.7M funding
Startup Studio Indonesia (SSI), a government-initiated incubation program for early-stage startups, officially opened registration for the Batch 5 program in May. The intensive program, developed under the Ministry of Communications and Informatics (Kominfo), aims to assist and advance Indonesia’s early-stage digital startups to achieve product-market……
Malaysia to focus on creating smart cities, says Science Minister
Through this collaboration, the innovations developed by start-up company, Sunway iLabs Super Accelerator, could be channeled to NTIS for testing in an actual urban setting developed by Sunway and for monitoring and sponsorship before taking the technological solutions to the market and implemented across the nation.
Bigpay launches cash pickup services in Indonesia and the Philippines to drive convenient remittances
BigPay, a Southeast Asian fintech company, announced on Tuesday the launch of its Cash Pickup services in Indonesia and the Philippines, as an added feature to its existing remittance feature. Cash Pickup is a delivery method through which BigPay users can transfer money to another recipient without a bank account, allowing the recipient to collect the…
