News
Malaysia government wants to tap huge potential in UAS sector – report
The government will also develop the UAS Traffic Management System (UAS-TM).
Indonesia’s Akulaku partners with China’s Alipay+ for BNPL service
Akulaku, an Indonesia-based banking and digital finance platform, announced Tuesday the Akulaku PayLater partnership with Chinese cross-border digital payments firm Alipay+, which will allow Indonesian consumers to use its buy now, pay later (BNPL) solution Akulaku PayLater at Alipay+’s global merchants.
Indonesia’s Gokomodo raises $26M Series A funding led by East Ventures
Gokomodo, an Indonesian agriculture supply chain platform, announced Tuesday a $26 million series A funding round led by East Ventures. Other investors participating in the oversubscribed round are SMDV, Eight Capital, K3 Ventures, Triputra, Waresix, Indogen Capital, Sahabat Group, and Sampoerna Financial.
Grab rival Be Group gets $60M loan for Vietnam expansion – report
The ride-hailing market in Vietnam is expected to grow at a compound annual rate of more than 28 percent over the next five years, according to research firm Mordor Intelligence.
Surge in digital adoption shows no sign of slowing down, Telenor survey shows
Surge in digital adoption shows no sign of slowing down as three in four expect mobile usage to increase, with Thai respondents leading this trend, a study showed Monday.
Singapore’s Eezee raises $7.5M Series A round led by Ayala’s VC arm
Singapore-based procurement start-up Eezee revealed Monday that it has raised $7.5 million in its Series A round. This was led by Ayala Corporate Technology Innovation Venture Fund (ACTIVE Fund), one of Southeast Asia’s top corporate venture capital firms backed by Ayala Corporation and its business units.
Indonesian credit tech startup SkorLife scores $2.2M pre-seed funding
Indonesia-based credit tech startup SkorLife announced Monday that it has raised a $2.2 million pre-seed funding round from a group of high-profile investors. AC Ventures participated in the round, along with Saison Capital and an all-star list of angel investors in Asia.
Bukalapak and Standard Chartered launch digital banking service in Indonesia
Indonesia e-commerce firm Bukalapak and global bank Standard Chartered have officially launched BukaTabungan, a digital banking service that leverages the reach of Bukalapak’s all-commerce platform and the technology of nexus, a banking-as-a-service (BaaS) solution powered by Standard Chartered.
India’s PurpleTutor raises $1.25M Series A round to strengthen product offering
PurpleTutor, an Inda-based startup focusses on artificial intelligence (AI) based live classes, has recently raised Rs 10 crore ($1.25 million) in its Series A round. The round saw participation from Disruptors Capital, IvyCap Ventures, Arjun Malhotra (Co-Founder, HCL) and others.
Korea’s Naver Z joins hands with Thailand’s True to power metaverse ecosystem in Thailand
Naver Z, affiliate of South Korea-based internet giant Naver Corp., announced Thursday that the company has signed a memorandum of understanding (MoU) with Thailand's biggest communications conglomerate True Corporation to build a global metaverse hub for creators.
