Singapore
Grab says ‘on track’ to achieve breakeven by 4Q after losses narrow in 1Q
Grab, the Singapore-based super app, is on track to achieve breakeven by the fourth quarter after its losses narrowed in the first quarter. It has revised up its full year adjusted EBITDA guidance range by $80 million to $90 million.
Singapore’s bolttech raises $196M Series B funding with an up-round valuation of $1.6B
Singapore-based insurtech firm bolttech has on Wednesday announced it has raised $196 million in connection with its Series B with an up-round valuation of $1.6 billion. The round was led by Japanese insurance firm Tokio Marine.
Israel’s XTEND acquires Singapore-based drone inspection specialists Performance Rotors
XTEND, a Israel-based autonomous operating system developer, has acquired Performance Rotors, the Singapore-based drone inspection specialists. The acquisition will boost XTEND’s ability to offer human-guided, remote interactive operations in a range of inspection scenarios, and grow its global business.
Singapore’s TDCX expands into Brazil as it continues its global expansion
TDCX, a Singapore-based digital customer experience (CX) solutions provider, has launched its 29th campus in São Paulo, Brazil, as it continues its global expansion.
SEA achieves total net income of $87.3M in 1Q as revenue rises
Singapore-based tech conglomerate SEA Limited has achieved a total net income was of $87.3 million in the first quarter, as compared to total net loss of $580.1 million a year ago. The group's first quarter total revenue was $3 billion, up 4.9 percent year-on-year.
Singaporean telehealth platform ORA raises $10M co-led by TNB Aura and Antler
Singaporean telehealth platform ORA has raised a $10 million Series A funding co-led by TNB Aura and Antler. The round also saw participation from Gobi Partners, Kairous Capital and GMA Ventures, bringing total funding to date above $17 million.
Singapore’s Jenfi raises $6.6M in Pre-Series B round led by Headline Asia
Jenfi, a Singapore-based fintech firm has raised $6.6 million in a successful Pre-Series B fundraising round led by Headline Asia.
AnyMind Group agrees to acquire Indonesian e-commerce enabler PT Digital Distribusi Indonesia
AnyMind Group, a Singapore-based commerce enablement company, has on Friday announced that it has agreed to acquire all shares issued by Indonesia-based eDistributor and e-commerce enabler, PT Digital Distribusi Indonesia (DDI).
Singapore’s Flash Coffee raises $50M in Series B round led by White Star Capital
Singapore-based tech-enabled coffee chain Flash Coffee has announced the successful completion of its Series B financing round led by White Star Capital, raising a total of $50 million following its latest closing.
Doceree partners with Hello Health to strengthen global footprint; forays into eight SEA markets
Doceree, a global platform building solutions for healthcare professional marketing (HCP) programmatic marketing with proprietary data tool, has on Wednesday announced its long-term partnership with Singapore-based health tech firm Hello Health Group.
