SEA

Southeast Asia’s InsurTech funding plunges 61 percent on year to $193M in 2024

The Southeast Asia (SEA) InsurTech total funding plunged 61 percent to $193 million in 2024 from $495 million in 2023, in line with global funding downturn across sectors, Tracxn said Friday.

Grab’s revenue grows 19 percent on year to $2.8 billion in 2024

Singapore-based superapp Grab announced Thursday that its revenue for 2024 grew 19 percent year on year to $2.8 billion, exceeding its guidance of $2.76 billion to $2.78 billion.

Kickstart Ventures: Philippines’ young, dynamic population, rising consumer demand, low-cost labor base make it attractive for long-term investment

We talked to Dan Siazon, Founder and Managing Partner of Kickstart Ventures to learn more about the company’s achievements in 2024, its plans and priorities in 2025. He also shared her views on the outlook of the tech ecosystem in the Philippines for the new year.

Techsauce sees tech ecosystem in Thailand & Southeast Asia ‘promising’ & ‘challenging’

TNGlobal talked to Techsauce Chief Executive Officer and Co-Founder Oranuch Lerdsuwankij (Mimie) to learn more about the company’s achievements in 2024, its plans and priorities in 2025. She also shared her views on the outlook of the tech ecosystem in Southeast Asia for the new year.

Momentum Works: Southeast Asia food delivery spending grows 13 percent to $19.3B in 2024

Southeast Asia’s food delivery spending grew 13 percent year on year to $19.3 billion in 2024 with Vietnam and Indonesia leading growth, Momentum Works said Monday.

Quest Ventures expects upticks of M&As, IPOs in 2025 [Q&A]

We talked to James Tan, Managing Partner at Quest Ventures, to learn more about the firm’s achievements in 2024, its plans and priorities in 2025. He also shared his views on the outlook of the tech ecosystem in Southeast Asia for the new year.

Gobi Partners backs ArmourZero to boost cybersecurity for SMEs across Southeast Asia

Gobi Partners, an Asian venture capital firm, has announced a strategic investment in ArmourZero Holdings Pte Ltd, a cloud-based cybersecurity platform offering AI-powered application security and security-as-a-service (SECaaS).

Maybank : concern raised as Temu may turn aggressive in ASEAN amid US challenges

Maybank Investment Bank said Wednesday that the elimination of de minimis exemption by the United States has raised concerns among investors that Chinese e-commerce firm Temu may become aggressive in ASEAN.

Digital 2025: nearly two thirds of Southeast Asia’s population are on social media

Nearly two thirds (61.5 percent) of Southeast Asia’s population are on social media making up 10.2 percent of the global share of social media identities, Meltwater and We Are Social said Monday.

East Ventures, SV Investment announce first close of $100M Southeast Asia-South Korea investment corridor fund

East Ventures, a venture capital firm in Indonesia and Southeast Asia, and SV Investment, a publicly listed venture capital and private equity firm headquartered in South Korea, have on Monday announced the first close of their $100 million Southeast Asia fund.