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VEON Ventures makes $15M Series A investment in Pakistan B2B marketplace Dastgyr

VEON Ltd., a global digital operator that provides mobile connectivity and services, announced Tuesday that the group's VEON Ventures division has completed a $15 million investment as part of a Series A round for Dastgyr, a Pakistan-based business to business (B2B) e-commerce marketplace platform. This investment will contribute towards boosting Pakistan's…

Korea’s CNAI raises $4.1M from Centauri Fund and IMM Investment

Korea-based artificial intelligence (AI) enablement company CNAI announced on Monday that it has raised a $4.1 million pre-series A funding round co-led by Centauri Fund and IMM Investment.

Tesla sacks Singapore country manager after Elon Musk warns of 10% job cut

"Tesla announced a 10 percent of workforce reduction. My role was chosen to be eliminated as of today," the firm's country manager in Singapore Christopher Bousigues wrote in a LinkedIn post on Sunday.

Singapore’s Next Gen Foods launches plant-based chicken product in Germany

Singapore-based alternative protein startup Next Gen Foods said Monday it is rolling out its flagship plant-based chicken product TiNDLE, in restaurants across Germany. TiNDLE will debut across six of Germany’s biggest cities, across 40 sites with many more to come, partnering with over 20 of Germany’s toprestaurants – in a range of delicious applications…

Singapore’s Mighty Jaxx acquires Kinetiquettes and PLAYe to expand pop culture footprint globally

Mighty Jaxx, a Singapore-based integrated future culture platform that designs and produces digital and phygital collectibles, announced Monday the multi-million-dollar acquisitions of local companies Kinetiquettes, a high-end statue collectible company, and PLAYe, a specialised DTC platform of consoles, video games, collectibles, and action figures.

Vietnamese PropTech startup Houze raises $2M funding led by DKRA Group

Houze, a Vietnam-based PropTech startup that offers a fully integrated real estate ecosystem for agents and customers through its offline-to-online platform, said Monday it has raised a $2 million of funding led by DKRA Group, giving the company resources to continue expanding its services and growing its team to meet the demand in Vietnam and beyond.

Tony Fernandes plans US listings for AirAsia airline & super app – report

Capital A, previously known as AirAsia Group, has been aggressively building its digital businesses and super app over the last two years as most of its planes were grounded due to travel restrictions to contain the COVID-19 pandemic. The group has hoped to build its super app, modeling regional tech giants such as Grab’s and Gojek’s super apps which offer…

Indonesian ​​integrated fishery firm Aruna aims to make Indonesia center of the world’s maritime economy by 2045. Here’s how:

In the interview, Co-Founder and Chief Sustainability Officer Sus Utari Octavianty also shared details on Aruna’s plan, strategy and challenges it faced.

Indonesia e-commerce logistic solutions startup Biteship secures Seed funding co-led by East Ventures and Beenext

Biteship, an Indonesia-based e-commerce logistic solution startup with a focus on empowering small-medium enterprises (SMEs) and enterprises, announced on Friday that it has secured an undisclosed amount of seed funding co-led by East Ventures and Beenext.