SEA
Singapore EdTech firm Creative Galileo raises $2.5M in seed round led by Kalaari Capital
The funds will be used to expand across Southeast Asia and integrate local languages within the platform.
October 12, 2021
News,FinTech,Digital Transformation,SEA,Transportation,Logistics
Credit Suisse recognizes AirAsia Digital as tech unicorn alongside Carsome, Axiata’s Edotco
AirAsia Digital is valued at around $1 billion based on all-share transaction in July 2021, as reported by the company, Credit Suisse said in the report dated Oct 5.
October 12, 2021
News,SEA,Blockchain / Crypto,Singapore,FinTech
Xfers’ digital assets platform StraitsX hits $1.48B in transactions in 2021
Adding on to this announcement is the unveiling of StraitsX’s new platform and identity. The new StraitsX platform features a redesigned and streamlined user interface to enable faster and more efficient navigation.
October 11, 2021
Singapore-based Funding Societies raises $18M in debt, on track to raise $120M
It is on track to raise $120 million in institutional debt for funding the growth needs of MSMEs in Southeast Asia.
October 8, 2021
Atome partners Softbank-backed travel tech firm Klook to expand BNPL services
The partnership will start in Singapore before rolling out to Hong Kong, Malaysia, and the Philippines in the coming months.
October 7, 2021
Malaysia-based telemedicine firm DOC2US expands to Myanmar
DOC2US is also actively talking to other partners in neighbouring countries such as Cambodia, Laos and Vietnam to improve the accessibility to healthcare in those countries.
October 6, 2021
News,Vietnam,HealthTech,SEA,Investments
Mekong Capital invests $15M into Vietnam-based genetic testing firm Gene Solutions
Gene Solutions is the sixth investee company announced by Mekong Enterprise Fund IV.
October 5, 2021
SEA,Malaysia,TNGlobal Q&A and Interviews,Asia,Venture Capital
RHL Ventures’ Hibiscus Fund targets final close of up to $100M, eyes opportunities in food, healthcare & mobility sectors
The Hibiscus Fund is targeting a final close at $80 million to $100 million.
October 5, 2021
News,FinTech,Investments,Venture Capital,SEA,Indonesia
Online brokerage Ajaib becomes Indonesia’s latest unicorn after raising $153M Series B round
The Jakarta-based startup has reached a valuation of $1 billion after raising $153 million in a financing round led by DST Global.
October 5, 2021
Investments,News,SEA,Indonesia,Singapore,FinTech
Grab to increase stakes in Indonesia-based e-wallet OVO to 90% – report
Grab has increased its holding in Ovo's parent company PT Bumi Cakrawala Perkasa from about 39 percent.
October 4, 2021