News

Singapore’s Parcel Perform bags $20M in Series A funding from Cambridge Capital, Softbank Ventures Asia

Parcel Perform will use the fresh funding to build out its technology offerings and invest further in artificial intelligence (AI) solutions.

Singapore’s Real Estate Doc collaborates with Huttons Asia to digitalize real estate processes & transactions

Under their digital road map, this collaboration will encompass several pillars, which include digitalizing real estate workflows and transactions.

AirAsia’s BigPay raises up to $100M in financing from South Korea’s SK Group

BigPay said the funding from SK Group further strengthens AirAsia’s digital endeavor as it accelerates the scope of growth for its digital businesses, including logistics and financial services.

Microsoft, Ant-backed Bukalapak share price jumps 25% on trading debut

Bukalapak is Indonesia’s fourth-largest e-commerce company after Tokopedia, Sea Ltd’s Shopee and Alibaba’s Lazada.

PropertyGuru completes acquisition of iProperty Malaysia, thinkofliving

iProperty Malaysia and thinkofliving will continue to operate separately, PropertyGuru said. The group will work to ensure the smooth integration of the businesses while delivering the same value and services to property seekers, agents, and developers.

Singapore property platform Ohmyhome raises $5M in Series A+ funding

The company will use the fresh capital to enhance its data-matching technology across its Singapore, Malaysia, and Philippine markets.

Indonesia BNPL firm Kredivo plans go public via via $2.5B SPAC merger

Public listing expected to enable Kredivo’s continued growth in Indonesia, expansion into regional markets, and the ability to enter new business lines.

China’s Huawei to invest $100M in Asia Pacific startup ecosystem over 3 years

The investment would go towards its Spark Program in the Asia Pacific region, which aims to build a sustainable startup ecosystem for the region over the next three years.

Vietnam’s Loship raises $12M in pre-Series C funding led by BAce Capital, Sun Hung Kai & Co

Loship marks a Vietnam foray for both of the lead investors BAce Capital and SHK & Co, as part of their strategies to capture the emerging market opportunities in Southeast Asia.