News
News,Investments,Indonesia,AgriTech
Indonesian agritech startup Eratani gets $1.6M fresh funding led by Trihill Capital
Eratani, an Indonesia-based agri-tech start-up company, said Thursday it has officially received initial funding of 23 billion Rupiah ($1.6 million) from 29 investors led by Trihill Capital, followed by Kenangan Fund and Kopital Network. The fresh funds will be used to build the ecosystem and supply chain; strengthen expansion and penetration throughout…
June 3, 2022
Allianz Insurance Singapore expands its digital capabilities with Fermion’s SaaS claims platform and enters the Singapore Motor Insurance ecosystem
The digital claims platform helps deliver a better customer experience and enables the insurer to attain robust claims management and cost control capabilities.
June 2, 2022
News,Indonesia,eCommerce,Investments
NEA leads $70M Series C round in Indonesian social commerce platform Super
Super, an Indonesia-based social commerce platform serving tier-2 and tier-3 cities and Indonesian rural areas, announced Thursday that it has completed a $70 million oversubscribed Series C round led by NEA. The round also saw additional investment from Insignia Ventures Partners, SoftBank Ventures Asia, DST Global Partners, Amasia, B Capital, TNB Aura,…
June 2, 2022
News,Mergers and Acquisitions,Asia
India’s Gupshup acquires omnichannel customer service platform OneDirect for global businesses
Gupshup, an India-based conversational engagement firm, announced Thursday the acquisition of OneDirect, the omnichannel, artificial intelligence (AI)-enabled customer service platform of choice for brands in India, South East Asia and the Middle East. The acquisition strengthens Gupshup’s suite of conversational solutions and enables superior omnichannel…
June 2, 2022
News,SEA,Indonesia,Singapore,Malaysia,Philippines
Malaysia’s home services platform Kaodim to cease operations next month
The prolonged COVID lockdowns and their “knock on” effects in the form of operational disruptions, labor shortages and higher running costs have significantly impacted its business and the quality of service.
June 2, 2022
News,Blockchain / Crypto,Asia,Metaverse
Binance Labs closes $500M investment fund to boost blockchain, Web3, and value-building technologies
Binance Labs, the venture capital and incubation arm of Binance, announced Wednesday the closing of a new $500 million investment fund with support from leading global institutional investors such as DST Global Partners, and Breyer Capital. Other major private equity funds, family offices, and corporations also subscribed to the fund as limited partners.…
June 2, 2022
News,FinTech,Singapore,Investments
Singapore FinTech firm HitPay raises $15.75M Series A funding led by Tiger Global
HitPay, a Singapore-based one-stop payments platform for small and medium-sized businesses, announced Tuesday its $15.75 million Series A funding round led by Tiger Global and joined by returning investors Global Founders Capital and HOF Capital.The funding will enable HitPay to continue building the best payment gateway for small businesses and support…
June 2, 2022
500 Global, Taiwan Tech Arena join forces again to fuel early-stage startup growth on a global scale
500 Global, a United States-based venture capital firm and Taiwan Tech Arena, a deep tech startup ecosystem-building program, have renewed their partnership to bring back 500 Global Accelerator Taiwan, with TTA (the Program). The accelerator Program aims to help 20 promising tech startups scale both locally and globally.
June 1, 2022
News,Blockchain / Crypto,Singapore,Investments
Cloudwall Capital raises $6.3M from LocalGlobe and Illuminate Financial
Cloudwall Capital, a new digital asset risk management startup based in United States and Singapore, said Wednesday it has raised $6.3m in seed funding led by LocalGlobe and Illuminate Financial to help it build the tool to bridge the traditional finance world with digital assets and decentralized finance. They were joined by a syndicate of investors…
June 1, 2022
United Kingdom’s Unlimint partners China’s Alipay+ to expand global online payment
Unlimint, the United Kingdom-based fintech company, announced Wednesday that it has partnered together with the Ant Group's Alipay+ to further expand its global online payment portfolio. This partnership will further strengthen Unlimint's global offering and open up new opportunities for eCommerce and online businesses worldwide, enabling them better reach…
June 1, 2022