News

Indonesia social e-commerce platform Dagangan raises $11.5M Series A led by Monk’s Hill Ventures

Indonesia-based startup Dagangan, a social e-commerce platform for underserved rural communities in the country, has raised $11.5 million in Series A funding led by Monk’s Hill…

Airwallex raises $200M in Series E led by Lone Pine Capital, reaches $4B valuation

Global FinTech platform Airwallex announced on Monday it has raised $200 million in an oversubscribed Series E financing round, increasing the company’s valuation to $4 billion.…

SOCAR Malaysia raises $55M in Series B funding from EastBridge Partners, Sime Darby

Malaysia-based car-sharing platform SOCAR Mobility Malaysia (SOCAR) has closed a covenant-based investment round of up to $55 million in its recent Series B funding exercise.…

Pakistan EdTech startup Maqsad raises $2.1M pre-Seed funding led by Indus Valley Capital

Pakistan-based EdTech startup Maqsad announced a $2.1 million round of pre-Seed funding on Monday. The round was led by Pakistan-focused early-stage VC fund Indus Valley Capital.…

Singapore-based RtistiQ launches Southeast Asia’s first online NFT-driven art marketplace

Singapore-based RtistiQ, a mobile app and website art marketplace, is the first in Singapore and Southeast Asia to leverage technologies such as blockchain, non-fungible tokens…

Upstage raises $27M Series A funding led by SoftBank Ventures Asia for hiring AI talent and development of AI stack

Upstage, an artificial intelligence (AI) startup that helps companies focus on their core businesses, announced it has raised $27 million in a Series A funding round led by…

Indonesia’s Indepay launches tara.app, an open transfer platform aimed at accelerating digital payments for consumers and MSMEs

Indepay has announced the launch of its mobile-first transfer platform tara.app framework. tara.app is an interactive social commerce framework meant for D2C businesses, brands…

Japan eGift firm Giftee invests in Indonesian customer loyalty platform TADA

Japan-headquartered eGift platform Giftee, Inc. announced on Friday that the company, together with its subsidiaries Giftee Malaysia and Giftee Mekong, have invested in TADA…

Thai alternative digital lending platform SCB Abacus closes a $12M Series A round led by Openspace Ventures

SCB Abacus, an alternative digital lending platform in Thailand backed by Siam Commercial Bank, has raised $12 million in an oversubscribed Series A funding round. The round was…

Electric scooter maker & battery-swapping platform Gogoro to go public via merger with Poema Global SPAC, resulting in $2.35B enterprise value

Gogoro Inc., an electric vehicle battery swapping platform that enables sustainable mobility solutions for cities, and Poema Global Holdings Corp. (Nasdaq: PPGH; “Poema Global”),…