On location

RIDI Corporation has signed definitive agreements to receive an investment of KRW 120 billion ($100 million) led by Singapore’s sovereign wealth fund GIC. Korea Development Bank, NVESTOR, and Atinum Investment also participated in this investment. As a result, RIDI has been recognized as the first unicorn startup in Korea’s content platform industry with an…

MX Global Sdn. Bhd announced Tuesday an equity investment into the company from Binance. It also landed another investment for Redeemable Convertible Preference Shares (RCPS) into the company by Cuscapi Berhad. These new capital injections will allow MX Global, a licensed fintech company, to build brand awareness, hire more high-quality talent and develop…

Cococart has secured $4.2 million in seed funding to expand its growth internationally. The new capital was raised from Forerunner Ventures and Sequoia Capital, with participation from Y Combinator, Uncommon Capital, Soma Capital, Liquid 2 Ventures, Fitbit Chief Executive Officer James Park, Curated Chief Executive Officer Eduardo Vivas, and other strategic…

PropertyGuru Group said Monday its total revenue increased by 22.7 percentto S$100.7 million ($74.36 million) from S$82.1 million ($60.63 million), reflecting rising confidence in the property market .This is also 3.3 percent better than the group’s 2021 forecast of S$97.5 million ($72 million).

An ambitious purpose on innovation, a synergised ecosystem and a ‘bridge’ between research and commercialisation - these are among the elements needed for Malaysia to pull ahead in the region and achieve its ambition to be among the top 20 most innovative nations by 2030 in the Global Innovation Index, said Malaysian Research Accelerator for Technology and…

Volopay has successfully raised $29 million in its Series A round through a mix of equity and debt. The investment round included participation from JAM Fund, Winklevoss Capital Management, Rapyd Ventures, Accial Capital, fintech veteran and angel investor Jeffrey Cruttenden (Chief Executive Officer of Acorns) along with Access Ventures, Antler Global, and…

The donation is intended for humanitarian activities to help people in the country who have become victims of the violence, he said.

Society Pass Incorporated (SoPa) has acquired Dream Space Trading Company Limited, the operator of Handycart. The newly acquired company will be integrated into SoPa's food and beverage delivery vertical with SoPa's existing merchant software platform #HOTTAB,

A growing population of more than 600 million with a combined GDP of more than $3 trillion and a rapid growth of the middle class are expected to fuel strong demand in healthcare coverage in Southeast Asia.

Beam announced Friday a Series B funding round of $93 million led by Singapore-based private equity firm Affirma Capital. The round also saw participation from Sequoia Capital India, Hana Ventures, ICT Capital, EDBI, AC Ventures, RTP Global, and Momentum Venture Capital, among others. Funds raised will be used to bring Beam’s shared micromobility vehicles…