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SGX-backed ADDX tokenizes global private equity fund managed by Partners Group

Singapore-based digital securities exchange ADDX has tokenized an allocation from a private equity fund managed by global private markets investment firm Partners Group. The…

Malaysia InsurTech firm PolicyStreet.com raises $6M in Series A, receives in-principle approval for reinsurance & general insurance license

Malaysia-based InsurTech startup PolicyStreet.com has completed its Series A fundraising round totaling 25 million MYR ($5.97 million) over two tranches. The latest round is led…

Vietnam loyalty platform Society Pass plans to list on Nasdaq

Vietnam-based data-driven loyalty platform Society Pass (SoPa), which recently closed a Series C funding round, has filed for an initial public offering (IPO) on the Nasdaq Stock…

Singapore-based Forge Ventures hits first close of maiden fund at $21.9M

Singapore-headquartered Forge Ventures announced on Tuesday an oversubscribed $21.88 million first close of their debut fund. Forge Ventures was founded by startup ecosystem…

Ant-backed Ascend Money hits $1.5B valuation with $150M new funding, becomes Thailand’s first tech unicorn

Thailand-based FinTech firm Ascend Money has hit $1.5 billion valuation following its latest $150 million funding, making it Thailand’s first FinTech unicorn. The funds will be…

Malaysia & Singapore to link real-time payment systems in Q4 2022

Bank Negara Malaysia (BNM) and the Monetary Authority of Singapore (MAS) announced on Monday the plans to commence a phased linkage of Malaysia’s "DuitNow" and Singapore’s…

Startup Studio Indonesia announces 15 startups for Batch 3

The Indonesian Ministry of Communications and Information has on Monday announced 15 shortlisted startups to take part in Batch 3 of Startup Studio Indonesia's intensive…

Ninja Van bags $578M in Series E, ropes in Alibaba as investor

Singapore-based logistics startup Ninja Van announced on Sunday that it has secured $578 million in a Series E funding round. This latest round of funding involves participation…

Indonesia social commerce platform KitaBeli bags Series A extension from Meesho founders, Kopi Kenanga Capital & others

Indonesia-based social commerce platform KitaBeli announced on Friday the raising of an undisclosed amount in a Series A extension, participated by Vidit Aatrey and Sanjeev…

Sustainable development in Asia Pacific – innovating for energy efficiency [Event highlights]

SGInnovate and TechNode Global presented a panel: Sustainable Development in Asia Pacific - Innovating for Energy Efficiency last Wednesday (Sept 15). The panel discussion hopes…