News

Dubbed "Food Delivery Blackout", riders who attended a press conference said that the number of p-hailing and e-hailing drivers that went on strike on Friday is still unknown, but it is happening nationwide.

Airasia Super App, has become the first in Asia to provide gig riders with full-time employment, as part of its commitment in giving them a better working environment and job stability, while enhancing income opportunities for the riders.

DataMesh, a United States-based enterprise metaverse platform, announced Thursday it has recently closed a new round of funding led by SIG Asia Investment, LLLP, followed by Singtel Innov8 and Global Brain.

The world’s largest startup competition and accelerator program for women-led and women-impact tech startups has returned for its 8th year, operating in over 60 countries.

India-based business to business (B2B) trade enablement giant Bizongo announced Wednesday it has secured a $25 million working capital facility from Liquidity Group’s Mars Growth Capital. With the working capital facility Bizongo will enable businesses across South East Asia to cater to the unprecedented demand.

KKday, a Taiwan-based online travel experiences platform, announced Thursday it will be aggressively expanding its footprint in Vietnam, and driving over $100 million in revenue for Vietnam’s tourism industry by 2023.

Revolut, the United Kingdom-based financial superapp, on Thursday launched a new cryptocurrency service in Singapore, enabling customers to securely buy, hold and sell cryptocurrencies with the tap of a button. Revolut is providing all customers in Singapore with more than 80 tokens available via its app.

River, an India-based startup that builds electric two-wheelers, announced on Tuesday an $11 million Series A fundraise led by Chris Sacca’s Lowercarbon Capital in participation with Toyota Ventures and existing investors Maniv Mobility and Trucks VC, bringing the total funding to $13 million.

Catcha Investment Corp 2.0 intends to focus its search on a target with operations or prospective operations in the technology, digital media, financial technology, or digital services sectors, which it refers to as the “new economy sectors”, across Asia Pacific, in particular Southeast Asia and Australia, according to its prospectus.

WebEngage, an India-based full stack retention operating system and business to business (B2B) software as a service (SaaS) startups, announced Tuesday that it raised $20 million in Series B led by Singularity Growth Opportunities Fund and SWC Global. The round also saw participation from existing investors India Quotient, Blume Ventures and IAN Fund,