SEA
Grab launches intercity travel service in Malaysia and Singapore
Southeast Asian super app Grab said Thursday it has officially launched Grab Intercity, giving users the ability to conveniently purchase affordable bus and ferry tickets between Malaysia and Singapore right on the Grab app.
East Ventures remains bullish on Indonesia & Southeast Asia despite headwinds
In the exclusive interview, Cuaca also shared his views on the overall tech ecosystem in Indonesia, startups’ valuation and the firm’s exit strategy.
Women in tech: How these VCs are helping to close gender gap in Southeast Asia
We talked to several venture capital (VC) firms in the region to learn more from their perspectives about gender gap in the tech ecosystem. We sought for their thoughts on gender lens investing and asked for their suggestions on how female tech entrepreneurs can improve further, addressing their challenges in the male-dominated tech startup ecosystem.
UK’s Entrepreneur First raises unconventional $158M Series C funding for talent investing in Southeast Asia
Entrepreneur First (EF), a United Kingdom-based scaleup investor in early stage founder talent, said Wednesday it has raised a $158 million Series C funding round from a group of veteran technology founders, including Patrick and John Collison, Reid Hoffman, Taavet Hinrikus and Matt Mullenweg.
Funding Societies acquires CardUp to drive payments expansion
Funding Societies, Southeast Asia's largest Small and Medium Enterprises (SME) digital financing platform, announced Wednesday that it is acquiring regional payments solution CardUp, for an undisclosed amount. CardUp's payment services will complement its lending products, to offer a unified financial experience for small and medium-sized enterprises (SMEs)…
Southeast Asian logistics firm Deliveree raises $70M led by Gobi Partners and SPIL Ventures
Southeast Asian logistics firm Deliveree announced Monday the closing of its $70 million Series C funding round led by Gobi Partners and SPIL Ventures with participation from existing investor Inspire Ventures. This brings its total funds raised to $109 million over the past five years.
Malaysia’s unicorn Carsome to delay dual-listing plans – report
Carsome, which is also Malaysia's first tech unicorn, has halted work on the planned offerings that were set for this year, the people reportedly said. Carsome may revive the first-time share sales next year if markets improve, they added.
Hong Kong’s brandtech firm Gusto Collective eyes expansion to SG, Tokyo, Bangkok after recent fundraising [Q&A]
Gusto Collective, which provides content production services, raised $11 million in its seed plus funding round led by Animoca Brands and Gaw Capital last month. The oversubscribed round also received participation from BlackPine, YCI Limited, and several existing shareholders including ClearVue Partners.
RPG Commerce raises $29M in Series B funding round led by East Ventures
RPG Commerce, South East Asia’s leading Direct-To-Consumer (DTC) social e-commerce company, has secured US$29 million in a Series B funding round led by East Ventures, UOB Venture Management, Vertex Ventures SE Asia & India (VVSEAI), and RHL Ventures. VVSEAI previously led RPG Commerce’s Series A funding and has continued to invest in this current…
