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J&T Express partners Foodpanda to provide next-day deliveries in Singapore
Indonesian logistics firm J&T Express has established strategic partnership with Singaporean food delivery platform Foodpanda to provide next-day deliveries for foodpanda shops in Singapore. With this partnership, over 20 merchants such as Unilever, Philips, ASUS, MAKE UP STORE and TC Acoustics will now have the option to offer next-day delivery…
US-Japan venture capital firm World Innovation Lab raises over $1B additional capital
United States and Japan-based venture capital firm World Innovation Lab (WiL) announced Tuesday that the firm has raised over $1 billion in additional capital. The capital will be deployed across multiple funds including WiL’s third growth fund, WiL Ventures III; WiL’s venture fund investments, WiL Strategic Partners funds; and corporate VC (CVC) funds.…
TripleA announces the close of its first funding round, led by Razer’s corporate venture arm zVentures
TripleA is the first Crypto Payments Company that has earned the Digital Payment Token license from the Monetary Authority of Singapore (MAS). This allows the company to provide end-to-end cryptocurrency payment services for businesses in full compliance with global regulatory standards.
Bluesheets raises $4M as it builds automation infrastructure for businesses globally to better manage financial data and workflows
With the funding, Bluesheets looks to reach more businesses in international markets, expand the use cases of its software, and expand its global team across functions to achieve this further growth.
Choco Up launches Choco Payment powered by Stripe to supercharge growth for digital merchants
Choco Payment is an integrated payment solution that provides revenue-based financing of up to $10 million to businesses with recurring revenues in verticals such as eCommerce and Software-as-a-Service (SaaS), among others.
Singapore’s True Global Ventures closes $146M follow on fund for Web3 startup
Singapore-based venture capital firm True Global Ventures (TGV) announced Thursday its first closure of its $146 million follow on fund to invest into late stage Web3 startups. The True Global Ventures 4 Plus (TGV4 Plus) follow on fund has a group of 15 General Partners (GP), who lead the fund and its Investment Committee, putting in more than $62 million…
Grab buys and relaunches food site HungryGoWhere
Grab Singapore, a leading superapp in Southeast Asia, announced Wednesday that it has bought and relaunched Singapore’s food site HungryGoWhere and its accompanying social media channels. The revamped HungryGoWhere brand aims to address the growing interest of diners to reconnect with its local food scene in much deeper ways.
Singapore’s AMILI raises $10.5M Series A round led by Vulcan Capital
AMILI, a Singapore-based precision gut microbiome company, said Wednesday it has raised$10.5 million in Series A funding to accelerate its business expansion in Southeast Asia and Greater Asia. The round was led by Vulcan Capital, the investment arm of the late Microsoft Corp co-founder Paul Allen that invests in category-leading technology, internet, and…
Indonesia’s Vidio secures $45M funding led by DSSA
Vidio, an Indonesia-based over-the-top (OTT) platform owned by PT Surya Citra Media Tbk and part of PT Elang Mahkota Teknologi Tbk (Emtek Group) said Tuesday it has secured an additional investment of $45 million from several strategic investors. PT Dian Swastatika Sentosa Tbk (DSSA), a business pillar of Sinarmas Group, through its subsidiary, PT DSST Mas…
Indonesia’s Flip raises $55M in second Series B round led by Tencent
Flip, an Indonesia-based consumer payments platform, announced Tuesday a second close of a Series B funding round led by Tencent, with participation from Block, Inc. (formerly Square, Inc.) and existing investor Insight Partners.
