On location
Singapore FinTech platform Recur Club raises $30M seed round led by InfoEdge Ventures and Village Global
Recur Club, a Singapore-based FinTech platform facilitating non-dilutive growth capital for companies with recurring revenues, said Tuesday it has closed its $30 million seed funding round, as a combination of equity and debt allocation. The funding round was led by InfoEdge Ventures and Village Global, with financing for the platform from marquee…
Aura FAT Projects Acquisition Corp closes $115M SPAC IPO on Nasdaq
Aura FAT Projects Acquisition Corp,a special purpose acquisition company (SPAC) focused on funding emerging technology start-ups with an acute growth potential in Southeast Asia and Australasia, announced Tuesday the successful close of its initial public offering (IPO) of $115 million.
Singapore FinTech startup Doxa secures $2M in pre-series A round
Doxa Holdings International Pte. Ltd. (Doxa), a Singapore-based fintech startup, said Monday it has successfully concluded its S$3 million ($2.21 million) pre-series A funding round from financial institutions including venture capitals, public listed and logistics corporations. Doxa plans to use the incoming funds to accelerate its traction in the built…
Ant Group to become major shareholder of Singapore payment firm 2C2P
Singapore-based payments platform 2C2P and China-based FinTech firm Ant Group announced Monday a strategic partnership to accelerate digital payment adoption and innovation. The partnership, upon completion, will see Ant Group becoming the majority shareholder of 2C2P.
Indonesian culinary multibrand startup Hangry raises additional $22M for Series A funding
Indonesian culinary multi-brand startup Hangry, announced Monday its latest equity and debt funding of $22 million, making it to $35 million in total with Series A equity funding last year. The equity funding portion was led by Hangry’s new investor–Journey Capital Partners, with participation from Orzon Ventures, Sassoon Investment Corporation (SassCorp),…
SoftBank Robotics partners UnaBiz to integrate IoT and robotics to boost facility management operations efficiencies
SoftBank Robotics Group Corp., a robotics solutions provider under Softbank, announced Monday that it has partnered with UnaBiz, a massive internet of things (IoT) provider based in Singapore, to initiate a seamless integration of IoT sensors and robotics in building management and maintenance that will streamline work processes, allowing efficient…
Vietnam’s Society Pass spins-off lifestyle e-commerce arm Leflair into Leflair Group
Society Pass Inc (SoPa), a Vietnam-based loyalty and ecommerce firm, announced Friday the completion of restructuring Leflair's Vietnam operations with the spin-off of Leflair Group (LFGroup). Along with this restructuring, SoPa has appointed Loic Gautier as Chief Executive Officer of the new Leflair Group.
Vietnam’s Vinfast integrates Amazon Alexa Voice AI into electric vehicles
VinFast, the electric vehicle manufacturer of Vietnam-based Vingroup, on Thursday announced plans to integrate the Amazon Alexa voice experience into its vehicles beginning in 2022. The collaboration with Amazon, announced at the 2022 New York International Auto Show, will integrate Alexa services into the VF 8 and VF 9 all-electric sport utility vehicles…
Singaporean ride-hailing app Ryde to launch community NFT project
Singaporean ride-hailing app Ryde said Friday it will be launching the non-fungible token (NFT) project as part of its efforts to grow and strengthen its community of users. The company will also expand the range of crypto payment options for its users to top up their in-app Ryde wallets.
