On location

Capital A plans to launch ride-hailing in the Philippines challenging Grab – report

Capital A, previously known as AirAsia Group, has been aggressively building its digital businesses and super app over the last three years as most of its planes were grounded due to travel restrictions to contain the COVID-19 pandemic. The group has hoped to build its super app, modeling regional tech giants such as Grab’s and Gojek’s super apps which…

Aurum PropTech acquires Indian proptech brand NestAway for $11M

Aurum PropTech (formerly known as Majesco Limited) has approved the acquisition of up to 100 percent stake in NestAway Technologies Private Limited (NestAway), a PropTech brand in India for a consideration of up to INR 90 crores ($11 million) .

Total funding into environment tech companies falls 5 percent year-on-year to $29.9B in 2022, says Tracxn

Tracxn Technologies, a global software as a service (SaaS)-based market intelligence platform, said that the funding in the environment tech sector dropped 5 percent year-on-year to $29.9 billion in 2022. The decrease of funding in 2022 was largely due to the 5 percent decline in late-stage funding from $20.6 billion in 2021 to $18.4 billion in 2022.

ORIGIN Conference: Planning for Southeast Asia Expansion: Markets and Opportunities

The panelists also shared how their companies are able to expand their businesses regionally, serving their customers with better solutions enabled by the Internet and higher smartphone penetration rate. They also shared their companies’ plans and strategies. They also discussed about the latest trends in their respective industries, how to navigate in the…

Vietnam’s Oxalus raises $1.1M in seed funding led by IDGCVB and Kyber Ventures

Oxalus, a Vietnam-based blockchain startup developing a non-fungible token (NFT) social commerce platform, has raised $1.1 million in seed funding led by IDGCVB and Kyber Ventures. With the new fund, the firm will consider making further investments in data development and growing its engineering team.

India’s Capillary Technologies raises $45M Series D funding from Avataar Ventures and its LPs

Indian software as a service (SaaS) startup Capillary Technologies has on Thursday announced the successful closure of its Series D funding round at $45 million. The company said in a statement that it has raised the fund from a consortium of global investors- Avataar Ventures along with its limited partners (Pantheon, 57Stars, and Unigestion), Filter…

Malaysian FinTech firm Bayo Pay raises $2.2M in funding led by VentureTECH SBI

Malaysian FinTech firm Bayo Pay (M) Sdn Bhd has raised $2.2 million Series A funding led by venture capital firm VentureTECH SBI Sdn Bhd. VentureTECH SBI and VentureTECH Sdn Bhd have invested MYR 7 million ($1.52 million) and MYR 3 million ($650,000) respectively in Bayo Pay.

Singapore private equity firm EMIA to invest in Cambodia’s FWF Full Well and Nisshin Logistics

Singapore-based private equity fund manager Emerging Markets Investment Advisers (EMIA), has on Thursday announced its investment in FWF Full Well and Nisshin Logistics (FWF), Cambodia’s logistics service provider, through its new fund, ASEAN Frontier Markets Fund (AFMF).

Is ChatGPT ready for the world? AI experts discuss loopholes and potential solutions

The goal of AI-driven technology is to improve and enhance human life rather than replace humans. The panel encouraged the audience not to worry but instead to learn how to wisely delegate tasks to AI.

Singapore’s Sea Ltd winds down investment arm – report

New York-listed Sea launched Sea Capital in March 2021 with initial capital of $1 billion after buying Hong Kong's Composite Capital Management.