News

Gobi Partners appoints Gui Ee Leen as Human Resources Partner

Pan-Asian venture capital firm Gobi Partners announced Wednesday it has appointed Gui Ee Leen as its Human Resources Partner.In this newly created role, Ee Leen alongside Gobi’s Asean Human Resources (HR) team will be responsible for the company’s HR strategy including recruitment and employee retention programmes with a focus on gender diversity and…

The Flexi Group merges Common Ground, the Hive and The Cluster to create largest flexible workplaces in Asia-Pacific

The Flexi Group is launching as the largest operator of flexible workspaces in Asia-Pacific, merging regionally-recognised brands Common Ground, the Hive and The Cluster under one umbrella.

Malaysia’s MAVCAP announces new COO and CIO

Malaysia Venture Capital Management Berhad (MAVCAP) on Monday announced the appointment of Noor Amy Ismail as Chief Operating Officer (COO) and Paramjit Singh Gill as Chief Investment Officer (CIO), effective August 1.

Stripe, Vertex Ventures Southeast Asia & India to launch SEA and India-focused program to support seed-funded founders

This program is the first project from the partnership between VVSEAI, an early-stage VC fund known for its investments into unicorns such as Grab, and Stripe, and the two companies are aiming to develop more initiatives such as a dedicated mentorship program to support founders in the challenging economic climate.

Animoca Brands and Lympo partner with Play Magnus on chess-inspired blockchain game “Anichess”

Animoca Brands and its subsidiary Lympo, a leading global sports non-fungible token (NFT) ecosystem, announced Monday that they are developing Anichess in partnership with Play Magnus Group (PMG), a global leader in the chess industry that offers entertainment and e-learning services via its chess market brands.

Vietnam’s Society Pass marks first foray into Indonesia by acquiring Jakarta-based NusaTrip

Society Pass Inc (SoPa), a Vietnam-based next generation digital ecosystem, announced Monday the acquisition of NusaTrip, a leading Jakarta-based online travel agency (OTA) in Indonesia and across Southeast Asia (SEA). The NusaTrip acquisition extends SoPa's business reach into the booming SEA regional travel industry and marks SoPa's first foray into…

Indonesian MSME enabler majoo raises $10M series A funding

Indonesia-based micro, small and medium enterprises (MSME) enabler majoo announced on Monday that it raised a $10 million series A funding round led by an undisclosed global technology investor. The deal was joined by existing investors AC Ventures, Quona Capital, BRI Ventures, and Xendit.

Philippine parenting e-commerce start-up edamama closes $20M Series A funding

Edamama, the Philippines’ leading parenting-focused e-commerce platform, has secured a $20 million Series A funding round led by Alpha JWC Ventures. The round was also participated by its existing investors including Gentree Fund, Robinsons Retail Holdings Inc. (RRHI), and Kickstart Ventures.

Grab launches GrabScholar Program and GrabMerchant Center in Singapore

Grab, Southeast Asia’s leading superapp, announced Thursday two new initiatives to drive inclusive growth in Southeast Asia at the official opening of its Headquarters @ Singapore. The new initiatives include a $1 million GrabScholar Programme to disburse scholarships and bursaries to students across Southeast Asia, and a new GrabMerchant Centre to help…

Indonesia’s GoTo launches GoFood on Tokopedia

PT GoTo Gojek Tokopedia Tbk (GoTo), the Indonesia merged entity of Gojek and Tokopedia, has further strengthened synergies across its platforms with the launch of GoFood, its online food delivery service, on Tokopedia.