On location
Pakistan’s DealCart secures $4.5M funding led by Shorooq Partners
Pakistan-based social commerce platform DealCart announced Thursday that it has raised a $4.5 million pre-seed funding round led by Shorooq Partners. The round also saw participation from Fatima Gobi Ventures, Vibe Capital, 500 Global, i2i Ventures, Julian Shapiro, Rally Cap Ventures, Alex Lazarow, and several strategic angel investors.
Reconnect: How to Engage Employees in Hybrid Workplace [event recap]
The panelists discussed the challenges and opportunities workers faced when during the "work from home" period, the concerns employers have during those times and how can technology help companies to communicate and engage their employees better in a hybrid workplace.
Stripe and Saison Capital team up on new insights programme for Southeast Asia’s startups
Singapore-based venture capital firm Saison Capital will be introducing to its portfolio companies a new insights program in collaboration with Stripe, a United States and Ireland-based financial infrastructure platform for businesses.
Malaysia’s AirAsia, UK’s Skyports seal partnership to explore air taxi in Malaysia
Skyports Infrastructure, the United Kingdom-based advanced air mobility (AAM) infrastructure developer, and AirAsia’s Advanced Air Mobility, a dedicated unit of Malaysia's AirAsia Aviation Group Limited (the aviation arm of Capital A), have signed a letter of tntent (LoI) to explore the development of air taxi infrastructure in Malaysia.
Singapore’s Circles Global acquires Pareteum to accelerate growth in global digital telco SaaS market
Singapore telco Circles Global announced Thursday it has completed the acquisition of the Mobile Virtual Network Enabler (MVNE) business of Pareteum, a US-based cloud software communications platform company with operations in multiple regions around the world.
Philippines Packworks raises $2M seed round led by Fast Group and CVC Capital Partners
Philippines technology startup Packworks said Thursday it has raised $2 million seed round to launch mobile enterprise resource planning (ERP) platform for 150,000+ Sari-Sari store-partners in the Philippines. The seed round is led by leading end-to-end logistics group Fast Group and global private equity firm CVC Capital Partners, with participation from…
SuperAtom raises $22M to expand its consumer financing platform to new emerging markets
SuperAtom, one of Southeast Asia’s leading fintech platforms, announced on Wednesday that it has raised $22 million in Series C financing led by Malaysia-based digital investment fund Nue 3 Capital.
Singapore’s SDAX launches integrated digital investment and trading platform
SDAX, a Singapore-based integrated digital investment and trading platform regulated by the Monetary Authority of Singapore (MAS), has official launched. SDAX offers access to curated institutional-grade investments focusing on real estate and environmental, social, and governance (ESG) to institutional, accredited and retail investors.
Global retail cryptocurrency app Luno partners payment provider FIS to introduce its newest payment option
Luno, the global cryptocurrency app that aims to put the power of crypto in everyone’s hands, announced on Wednesday its partnership with FIS, and will use their Worldpay Merchant Solutions capabilities to enhance its payment options.
Malaysia’s Meradue Services partners with MDV to facilitate global growth and expansion
Meraque Services Sdn Bhd (Meraque), a Malaysian drone tech company, announced Wednesday that the company is partnering with Malaysia Debt Ventures Berhad (MDV), a subsidiary of the Minister of Finance (Incorporated) and an agency under the purview of the Ministry of Science, Technology and Innovation (MOSTI), to facilitate global growth and expansion.
