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Singapore customer data platform Meiro secures strategic $3M Pre-Series A funding to drive global expansion
Singapore customer data platform (CDP) Meiro has successfully secured $3 million in an over-subscribed pre-Series A round led by Southeast Asian venture capital firm Wavemaker Partners, with participation from angel investors at Singapore-based Angel Central.
South Korea maps out $470B plan to build chipmaking hub – report
The government on Monday outlined a blueprint involving investment of 622 trillion won from the private sector in the years leading up to 2047.
Philippine social commerce platform Toki secures $1.8M pre-seed funding
Toki, a social commerce platform based in the Philippines, has secured $1.8 million pre-seed funding to address demands of untapped market. The pre-seed funding comes from venture capital partners Kaya Founders and Foxmont Capital Partners.
Thailand-based insurtech Roojai acquires Indonesian online insurance aggregator Lifepal
Thailand-based insurtech Roojai Group announced last Friday that it has acquired Lifepal, an online insurance broker in Indonesia with over 2 million unique visitors per month.
Sprout Solutions acquires JustPayroll’s Philippine operations
Sprout Solutions, the Philippines’ homegrown business to business (B2B) software as a service (SaaS) company, has acquired the Philippines operations of JustPayroll Inc..
Careplus, GoAuto JV to commence $130M green technology facility in Malaysia
NexV Manufacturing Sdn Bhd (NMSB), a joint venture company between Malaysia-based glove maker Careplus Group Berhad and the automotive solutions provider GoAuto Group Sdn Bhd, will start the construction of a MYR 600 million ($129.17 million) green technology facility dedicated to manufacture and assembly of new energy vehicles, including electric vehicles…
Malaysia’s Warisan TC inks deal with China’s GAC AION to distribute EV in Malaysia
Malaysian passenger car rental firm Warisan TC Holdings Berhad (WTCH) has inked a deal with Chinese electric vehicles (EVs) manufacturer GAC AION New Energy Automobile Company Limited (GAC AION) to distribute EVs in Malaysia.
This Singaporean startup selling kids’ smart watches worldwide eyes listing in US
Started in 2018, the firm selling kids’ smartwatches and other wearables are available in 36 countries with Japan being its largest market, followed by Singapore and South American market.
India’s Upekkha launches $40M fund with lead investment from WestBridge Capital
Upekkha, an India-based software as a service (SaaS) fund and accelerator, announced Thursday that it has completed the first close ($15 million) of its $40 million Upekkha fund. The funding is led by WestBridge Capital.
Gruhas joins hands with Collective Artists Network to create consumer fund
India-focused venture capital fund Gruhas has joined hands with new age media leader Collective Artists Network to create the Gruhas Collective Consumer Fund an initial investment fund of 150 Crore rupees ($18.29 million), dedicated to fostering innovative consumer brands.
