SEA
Singapore’s Venturi Partners launches $225M second fund
Venturi Partners, a Singapore based growth-stage consumer-focused investor in India and Southeast Asia, has announced the launch of its second fund, targeting $225 million, with a hard cap of $250 million.
HK’s Watawaste to raise funds in 2025 as its sustainable food app Yindii eyes expansion across Asia [Q&A]
We talked to Louis-Alban Batard, Co-founder & CEO, Watawaste HK Ltd (a Cyberport incubatee) which develops sustainable food app – Yindii, to learn more about the company’s achievements in 2024, its plans and priorities in 2025. He also shared his views on the outlook of the tech ecosystem in Hong Kong for the new year and how he sees Southeast Asia.
TNGlobal Tracker: Startup Funding Snapshot for February 2025
The Southeast Asia (SEA) Monthly Funding Tracker for February 2025 indicates that funding activity slowed during the month. Total funding amounted to $92.9 million across 18 rounds, marking a decline of 86.56 percent compared with January 2025 and a 69.03 percent decline from February 2024.
HK’s V Sing to aggressively expand into US, Japan, Canada, Australia, Dubai & South Korea [Q&A]
We talked to Ivan Le, Chief Executive Officer at V Sing Hong Kong Ltd (a Cyberport Incubatee) to learn more about the company’s achievements in 2024, its plans and priorities in 2025. He also shared his views on the outlook of the tech ecosystem in Hong Kong for 2025 and how he sees Southeast Asia.
GoTo Group beats guidance with record results
PT GoTo Gojek Tokopedia Tbk (GoTo), the largest digital ecosystem in Indonesia, has exceeded its breakeven guidance, with record high core gross transaction value (GTV), gross revenue and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA), underscoring its accelerating growth and profitability.
Pine Labs partners with Visa to provide instalment solutions to merchants across key markets in Southeast Asia
Pine Labs, an India-based fintech platform, has announced a partnership with global payment firm Visa to introduce Visa Instalment Solutions (VIS) on Pine Labs’ multi-issuer payment solution across key markets in Southeast Asia.
NBC partners UPI to launch second phase of cross-border payment initiative for Cambodians
Central Bank the National Bank of Cambodia (NBC) and China-based payment firm UnionPay International (UPI) have officially launched the second phase of their cross-border payment initiative for Cambodians.
Tracxn: women-led tech startups funding in SEA drops to $198M in 2024
Women-led tech startups in Southeast Asia (SEA) secured $198 million in total funding in 2024, accounting for 6 percent of the region’s overall $3.09 billion tech startup funding, Tracxn said Tuesday.
IDC projects Southeast Asia’s ecommerce market to reach $325B by 2028
Southeast Asia’s (SEA’s) ecommerce market is projected to reach $325 billion by 2028, fueled by the rapid adoption of digital payments and regional interoperability, unlocking more opportunities in cross-border commerce for businesses, IDC said Tuesday.
Grab partners four autonomous technology companies to assess impact of autonomous vehicles in Southeast Asia
Grab, the Singapore-based superapp, has on Monday announced the signing of new memoranda of understanding (MoUs) with four prominent autonomous technology companies: Autonomous A2Z, Motional, WeRide and Zelos.
