News
Malaysian EWA startup Paywatch raises $9M funding led by Third Prime
Malaysian earned wage access (EWA) service provider Paywatch has raised $9 million in a Pre-Series A funding round led by returning investor Third Prime. The round also saw participation from Hana Ventures (the venture arm of Hana Financial Group in Korea), Parkwood Corp. and notably, the endowments of Vanderbilt University and University of Illinois…
India’s Accacia raises $2.5M Seed round led by Accel and B Capital
Accacia, an India-based decarbonisation platform focused on the real estate and infrastructure sectors, has closed $2.5 million in seed funding led by Accel and B Capital. Blume Ventures, Good Capital, Zerodha’s Rainmatter Fund and Canada-based Loyal VC, along with several leading angels, also participated in the round.
SGX-listed Silverlake Axis partners Siam Commercial Bank for micro-lending solutions
Singapore listed enterprise technology, software and services company Silverlake Axis Ltd (SAL) has on Tuesday announced its agreement with Siam Commercial Bank (SCB) - one of Thailand’s top five banks, to power SCB’s innovative strategy of building new propositions outside of the traditional bank.
Astra Digital Mobil launches new used-car marketplace in Indonesia
PT Astra Digital Mobil has introduced a digital platform for buying and selling used cars that can be accessed via a website or mobile app called mobbi. With the mission to provide a wide selection of used cars equipped with clear information for customers, mobbi also introduced three public figures as its brand ambassadors, namely Vincent Rompies, Deddy…
Vingroup partners Google Cloud to modernize group-wide SAP applications, accelerate global growth ambitions
Vingroup, Vietnam’s largest private conglomerate, has on Monday announced a strategic collaboration with Google Cloud to modernize and connect its critical systems and data at a group-wide level. This reaffirms Vingroup’s commitment toward adopting best-in-class technologies to boost its production capabilities, improve product and service quality, enhance…
New Zealand’s NZ Super Fund commits up to $70M to Movac’s tech fund
New Zealand's sovereign wealth fund the New Zealand Super Fund (NZSF) will commit up to $70 million to a fund looking to invest in fast-growing, established New Zealand technology companies with the potential to scale to more than $100 million in revenue.
Singapore’s Carousell Group cuts 10% of total headcount, Co-Founder says ‘deeply sorry’
Quek announced several initiatives and arrangements for the impacted regular employees which include monetary compensation, tools for job search, extended medical benefits and insurance coverage, among others.
Airwallex partners with Agoda to support Hong Kong business travelers
With the surging demand of international business travel, global fintech platform Airwallex is partnering with global digital travel platform Agoda, to make travel planning easier for Hong Kong small and medium-sized enterprises (SMEs) and startups.
Hong Kong’s Aigens secures $14M Series A funding led by Ant Group and others
Aigens, the Hong Kong-based food and beverage (F&B) industry innovator bringing omni-channel ordering solutions to Asia, announced Monday it has raised over $14 million Series A funding as it looks to accelerate its expansion across asia pacific (APAC) and help more restaurants digitalize and enhance their competitiveness.
Vietnam’s VinFast opens first two stores in Europe
Vietnamese automotive firm VinFast has officially opened its first two VinFast Stores in Cologne, Germany and Paris, France. The event marked a starting point for VinFast in its European retail store network, affirming VinFast’s strong commitment to driving the revolution of sustainable mobility.
