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SEA,Investments,Singapore,eCommerce
Singapore’s ShopBack extends oversubscribed Series F with $80M from 65 Equity Partners
Singapore-based shopping and rewards platform ShopBack announced Monday that it has entered into a subscription agreement with 65 Equity Partners for $80 million of equity capital in an extended Series F funding round.
October 3, 2022
News,Indonesia,eCommerce,Investments
Indonesia’s Cosmart raises $5M Seed funding from Lightspeed, East Ventures, and Vertex Ventures Southeast Asia & India
Cosmart, an Indonesian membership-driven ecommerce platform for essential goods, announced Monday that it raised $5 million in an oversubscribed seed funding from Lightspeed, East Ventures, and Vertex Ventures Southeast Asia & India.
October 3, 2022
Alpha JWC partners Google and others for SEA founders upgrading program
Indonesia borne venture capital firm Alpha JWC Ventures (Alpha JWC) has announced strategic partnerships formed with Google Asia Pacific (APAC), integrated global communications agency The Hoffman Agency and regional content house Hepmil Creators Network as knowledge partners.
October 3, 2022
Solar AI Technologies launches Singapore’s first ever rent-to-own solar program
Solar AI Technologies, a Singapore based tech-startup funded by global energy giant Engie Group, has recently announced that it will be launching Singapore’s first ever Rent-To-Own (RTO) solar program.
October 1, 2022
News,Investments,Asia,HealthTech
India’s Lissun raises $1M Pre-Seed round from IvyCap Ventures and others
Lissun, an India-based full-stack solution for mental and emotional healthcare, has announced close of its $1 million Pre-Seed fundraise round. The round led by IvyCap Ventures witnessed participation from syndicates like We Founder Circle and Supermorpheous.
September 30, 2022
News,Investments,Asia,InsurTech
YAS MicroInsurance completes $4.5M Pre-Series A round led by Noria Capital, ZEMU VC & JKL Capital
YAS MicroInsurance (YAS), an insurance on-blockchain pioneer in Hong Kong, has announced the completion of their Pre-Series A fundinground, raising $4.5 million. The round was led by Noria Capital, ZEMU VC and JKL Capital.
September 30, 2022
News,Asia,Singapore,Blockchain / Crypto
McLaren Racing launches 7-page comic NFTs on Tezos
Formula 1 powerhouse McLaren Racing launches a 7- page comic series of NFTs on the energy-efficient Tezos — also an official Technical Partner of the team — ahead of the Singapore and Japanese Grands Prix happening on 2 October and 9 October respectively.
September 30, 2022
Indonesia’s Traveloka gets $300M investment from BlackRock, Allianz, Orion Capital Asia and others
Indonesia Investment Authority (INA), BlackRock, Allianz Global Investors, Orion Capital Asia, and other leading global financial institutions have signed an agreement to provide a financing facility of $300 million to Traveloka, an Indonesia-based travel and lifestyle platform.
September 30, 2022
Malaysia’s Carsome announces ‘group-wide accelerated profitability plan’ including job cuts
As part of the "employee base optimization", Carsome said it will focus on improving productivity across the business, aligning resources with contributions to the bottom line, and enforcing stricter performance management. This strategy will impact a certain number of employees, who will receive their full severance package and extended health benefits…
September 29, 2022
SEA,eCommerce,Singapore,Asia,TNGlobal Q&A and Interviews
Softbank-backed Carro sees ‘many’ opportunities in Japan market; eyeing Australia, Philippines, Vietnam
Besides Japan, Carro is also eyeing several markets including Australia, Philippines, Vietnam markets, Narushima said.
September 29, 2022