News

Malaysia’s Wellous to list on NASDAQ in merger with Malaysia-based SPAC Kairous Acquisition

Founded in 2016, Wellous is a health food and nutrition company that develops, manufactures, markets and distributes trusted and beneficial health and wellness products. The company said it offers only the best of nature, the most precious ingredients from a wide sourcing network. Based in Malaysia, Wellous’s products and services are distributed through…

Animoca Brands and TinyTap to disrupt education with auction of second set of Publisher NFTs

Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the open metaverse, and its subsidiary TinyTap, the platform for user-generated educational games, announced Tuesday that the second series of teacher-authored Publisher non-fungible tokens (NFTs) will be auctioned on OpenSea starting at 19:00 (EST) on 15 December.

Gobi Partners joins B20-G20’s One Global Women Empowerment platform to accelerate women entrepreneurs

Leading pan-Asian venture capital (VC) firm Gobi Partners announced Monday that it has become one of the first VC signatories to support the One Global Women Empowerment (OGWE) platform launched by the Business 20’s (B20) Women in Business Action Council (WIBAC).

Darewise Entertainment partners Skinvaders to launch SWEAR London’s first NFT collection in “Life Beyond” metaverse

Darewise Entertainment, the international game studio and subsidiary of Animoca Brands, and Skinvaders, a new-age tech platform bringing digital fashion to the metaverse, announced Monday an official partnership with the luxury, made-to-order footwear brand SWEAR London to launch the first SWEAR non-fungible token (NFT) collection in the Life Beyond…

Capital A launches airasia gifts with South Korea’s COOP Marketing Groupon for airasia super app

Capital A has launched mobile gifting offering aptly named ‘airasia gifts’, in partnership with COOP Marketing Group, a South Korean mobile voucher industry player who has also been establishing strong footprints in the ASEAN region.

Inflation is impacting digital spending in Southeast Asia, Blackbox-ADNA survey shows

The pandemic, rising cost of living, energy crisis, geopolitical unrest, and the climate crisis have all taken a toll on consumers, and with people moving from crisis to crisis in recent years, interesting shifts in consumer shopping behaviors have been observed in Southeast Asia (SEA).

Australia’s Avarni raises $3M led by Main Sequence to speed up decarbonization efforts

Australian carbon management startup Avarni has raised $3 million to streamline the future of carbon management. The round is the second fundraising since founding and was led by deep tech venture firm Main Sequence, along with existing investors Vulpes Ventures and Common Sense Ventures.

India’s Uniqus Consultech raises $12.5M Series A funding led by Nexus

Uniqus Consultech Inc., an India-based tech-enabled global platform that offers environmental, social, and governance (ESG) and accounting and reporting consulting, has on Friday announced the launch of its operations by raising $12.5 million in Series A funding for a minority stake sale. Nexus Venture Partners, a leading Silicon Valley-India venture…

AirAsia launches new low cost airline in Cambodia

AirAsia Aviation Group Limited (AAAGL), the aviation arm of Capital A Berhad, has on Friday signed a joint venture (JV) agreement with Sivilai Asia to establish AirAsia Cambodia, a new low cost airline in the Kingdom of Wonder.

South Korea’s Akros Technologies raises $2.3M funding led by ZVC

South Korean artificial intelligence (AI)-driven fintech start-up Akros Technologies announced on Friday the that it has raised $2.3 milion in a strategic funding round prior to the scheduled Series A funding round next year.The strategic investment was led by ZVC, the corporate venture capital (CVC) of Z Holdings which has global mobile platform LINE…