On location
Startups Driving Inclusive Innovation in the Philippines [BEYOND Virtual Panel recap]
This Beyond Virtual session held on November 16 shows the exchange of ideas regarding the present and the future of the Philippine startup ecosystem. The panelists discuss the challenges companies have encountered and how they have overcome the difficulties.
Building Resilience: How Does Innovation Empower Malaysian Businesses to Boost the Economy? [BEYOND Virtual Panel]
The discussions in this panel focused on how Malaysian businesses are innovating and finding new ways not only to survive the pandemic but also to become more enduring as they continue to battle the coronavirus threat and anticipate other serious problems that can trample the Malaysian economy once more.
Indonesia e-commerce solution platform Desty raises $5M in an extended pre-series A round from East Ventures
Desty, an Indonesia-based E-Commerce solution platform startup, announced Friday that it has secured $5 million of extended pre-series A round led by East Ventures (growth fund) with participation from Jungle Ventures and returning investors Fosun RZ and January Capital.
India’s Indifi Technologies raises $46M in Series D equity and debt funding
Indifi Technologies has raised a total of Rs 340 crores ($46) million in Series D equity and debt funding. CX Partners and OP Finnfund Global Impact Fund I (the first Finnish global emerging markets impact fund) along with existing investors CDC Group (the UK’s development finance institution), Omidyar Network, Flourish Ventures, Elevar Equity and Accel,…
Tencent-backed J&T Express raises $2.5B ahead of Hong Kong listing – report
J&T's main backers Boyu Capital, Hillhouse Capital Group and Sequoia Capital China, and Chinese internet giant Tencent Holdings were among investors in the latest fundraising.
Australia SaaS provider simPRO secures growth investment of over $350M from K1 Investment Management
simPRO has secured an investment of over $350 million from K1 Investment Management, with participation from existing investor Level Equity. It also announced the acquisitions of ClockShark and AroFlo. In addition to supporting the recent acquisitions, the funding will be used to accelerate product investment and scale global operations across the business.
Southeast Asia records robust IPO activity in 2021
Companies in Southeast Asia raised a record of $9.8 billion from 121 Initial Public Offerings (IPO) this year, out-performing the full calendar year 2020. The momentum in IPO activity continues to grow even as the region is still battling the Covid-19 pandemic, with the number of IPOs up by 6 percent, total funds raised rose by 39 percent and the total IPO…
Falcon Edge, DST Global, D1 Capital and RedBird Capital lead $840M investment in India’s Dream Sports at $8B valuation
Dream Sports, has completed an investment of $840 Million at an $8 billion valuation, led by Falcon Edge, DST Global, D1 Capital, RedBird Capital and Tiger Global. The round also saw participation from existing investors like TPG and Footpath Ventures, making it amongst the largest investments globally in the sports tech sector.
Singapore’s Hepmil Media Group raises $10M in Series A Funding led by Quest Ventures, Pavilion Capital and Bent Pixels
Hepmil Media Group has announced a $10 million Series A funding round led by Quest Ventures, Pavilion Capital and Bent Pixels to support its expansion plans in the region. It will leverage the fund to strengthen its leadership in the digital media space by growing its content and creators’ platform and capabilities, along with expansion of its esports and…
Singapore AV tech startup MooVita raises fund from 1Derlife Growth and SEEDS Capital
MooVita Pte Ltd has announced that 1Derlife Growth and SEEDS Capital have invested in the Singapore-based autonomous vehicle (AV) tech start-up, in its Series A fundraising round closed at the end of October. It plans to bring its products to Europe while expanding and strengthening its footprint in Asia-Pacific.
