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Singapore’s Tazapay raises $16.9M Series A funding led by Sequoia Capital Southeast Asia

Tazapay, a Singapore-based fintech company specialising in cross-border payments, has on Wednesday announced that it has raised $16.9 million in its Series A funding round. Sequoia Capital Southeast Asia led the round, with EscapeVelocity (escp.vc), PayPal Alumni Fund as well as renowned angel investor Gokul Rajaram joining as new investors.

India’s Turno raises $13.8M funding co-led by B Capital and Quona Capital

Turno, an India-based platform for commercial electric vehicle (EV) distribution and financing, has on Wednesday announced a $13.8 million Series A funding as it scales across the country and plans to build proprietary battery technology.

Indonesia to draft regulation enabling media to receive payments from digital platforms for content – report

President Joko Widodo cited an urgent need for the new law since 60 percent of the advertisement market in the Southeast Asian country is dominated by mainly foreign digital platforms.

Thailand’s Ooca closes Series A investment deal with BDMS

Ooca, a Thailand-based mental health telemedicine application, has closed its Series A funding deal with Bangkok Dusit Medical Services PLC (BDMS). BDMS and Ooca aim to make mental health care easily accessible, change people’s attitudes towards mental health to regard it as a normal matter, and leverage Thailand’s public health standards in order to…

Grab Indonesia inks partnership with SRCIS for digital services

Continuing Grab’s long-term commitment in accelerating the digitalization for local micro, small and medium enterprises (MSMEs), Grab Indonesia inked a partnership with PT SRC Indonesia Sembilan (SRCIS).

GoTo announces new leadership structure as it strengthens corporate governance and operational efficiency

PT GoTo Gojek Tokopedia Tbk (GoTo) has on Wednesday unveiled a strengthened GoTo Group leadership team, as the company continues to focus on enhancing corporate governance as well as faster and more efficient execution to drive the business towards profitability.

Malaysia’s Capital A introduces new AI-powered ‘Ask Bo’ chatbot

Capital A Berhad, the parent company of Asia’s leading low-cost carrier, AirAsia, has on Wednesday reiterated its commitment to transparent communications and better customer experience for all of its guests, as part of its vision to become the most communicative, responsive and answerable brand in the region.

Thailand’s MONIX closes $20M pre-IPO round led by SCBX and Lombard Asia

MONIX Co., Ltd., a Thailand-based artificial intelligence (AI)-powered digital lending platform, announced Wednesday that the company has secured $20 million in the first close of its pre-initial public offering (IPO) fundraising.

Singapore’s PixCap raises $2.8M seed funding led by Surge

PixCap, a web-based 3D design platform in Singapore that allows users to find, create and export 3D designs in minutes, has on Tuesday announced its $2.8 million seed funding led by Surge, the rapid scale-up program from Sequoia Capital India and Southeast Asia.

The Sandbox announces partnership with Cut the Rope creator ZeptoLab to build new Web3 experiences

The Sandbox, a leading decentralized gaming virtual world and subsidiary of Animoca Brands, has on Tuesday announced a partnership with ZeptoLab, the global gaming company behind the highly popular games Cut the Rope, CATS: Crash Arena Turbo Stars, King of Thieves, and Bullet Echo.