On location

The deal values Teleport at $300 million and welcomes investors, including Kuala Lumpur and Shanghai-based venture capital firm Gobi Partners onboard.

The digital car insurance service includes insurance and road tax renewal and allows car owners to make price comparisons of various insurance providers.

In an interview, Boost CEO Sheyantha Abeykoon told TechNode Global the competitive edge Axiata-RHB consortium have against other contenders and how will it position the digital bank should the consortium were granted a digital banking license.

Sea’s strong revenue growth came when many of its markets continue to see a high volume of COVID cases.

The Series A funding will be used for product development, customer acquisition, and expansion in Southeast Asia.

In the next three months of the Super Accelerator programme, Sunway iLabs will help the selected top five startup founders connect with Sunway’s global network of partners, industry experts, mentors and investors.

VNG’s potential listing plan also came as more Southeast Asian tech firms were planning US listings through mergers with blank-check companies.

The ongoing pandemic has helped to accelerate the uptake of BNPL as commerce increasingly moves online and consumers look for alternatives to better manage their finances.

It remains dedicated to seed-stage investing, cutting checks of up to $500,000, but is now open to larger follow-on checks of up to $5 million, as well as potential investments through special-purpose vehicles, such the $21.2 million vehicle it previously executed for Carousell.

Parcel Perform will use the fresh funding to build out its technology offerings and invest further in artificial intelligence (AI) solutions.