On location
Australia’s Shippit acquires Singaporean start-up Luwjistik for $11M
Shippit, an Australian logistics technology platform, announced Tuesday the acquisition of a Singpapore-based start-up, Luwjistik, the creator of a unified API that allows freight forwarders, courier’s and third party logistics companies to connect into network partners globally, in an AUD$18 million ($11.24 million) deal.
Thailand’s Konvy raises $10M from Insignia Ventures
Thailand-based beauty e-commerce platform Konvy said Tuesday it has raised $10 million from Insignia Ventures Partners in a Series A round. Previously, Konvy had raised seed funding from Alpha Founders Capital and ECG Ventures Capital.
India’s Hubbler raises $1.5M seed fund from Artha Venture Fund, Unicorn India Ventures & LenDenClub Alpha
Hubbler, an India-based no-code platform, said Monday it has raised $1.50 million from Artha Venture Fund, Unicorn India Ventures, and LenDenClub Alpha in seed round. This is the first external funding round for the startup.
Vietnam’s Piktina raises $1M seed funding from Touchstone Partners
Piktina, an online marketplace for secondhand fashion in Vietnam, announced Tuesday it has raised $ 1 million in a seed round from Touchstone Partners, a Vietnam-focused venture capital firm.
Prudential partners Google Cloud for healthcare and financial security in Asia and Africa
Global insurance group Prudential plc (Prudential) and Google Cloud announced Tuesday a strategic partnership to enhance health and financial inclusion for communities across Asia and Africa.
Airwallex sustains $5.5B valuation with $100M Series E extension
Airwallex, the Australia-based global fintech platform, announced Tuesday that it recently closed its Series E extension (Series E2) of $100 million with the same $5.5 billion valuation.
Indonesia’s ALAMI closes pre-series B round led by East Ventures
ALAMI Group, an Indonesia-based Shariah-compliant small and medium-sized enterprise (SME) lending platform, announced Monday that it has successfully closed pre-series B round led by East Ventures (Growth fund) alongside returning investors namely AC Ventures, Quona Capital and FEBE Ventures.
500 Global-backed StoreHub to focus on existing markets as it aims to reach profitability within two years
In the interview, Fong also shared some of his opinions on issues related to the digitization within the F&B industry post-pandemic.
New MRANTI Park Master Plan will assist Malaysia in facing Industrial Revolution 4.0, says PM
MRANTI Park will be equipped with modern infrastructure, including high-speed broadband and 5G technology, as well as incentives and funding opportunities. It is also designed to attract young professionals and create a stable pathway for highly skilled talents
Singapore Web3 firm Suberra secures $2.7M funding
Singapore Web3 firm Suberra has raised $2.7 million to date over two funding rounds from investors like Spartan Capital, Delphi Ventures, Hashed, Newman Capital, Defiance Capital, Arcane Group, and TsingTech Ventures.
