Singapore

Singapore-based DTC bespoke jeweler MADLY raises new funding from East Ventures

MADLY, Singapore’s direct to consumer (DTC) jewelry design house, has on Thursday announced an investment received from the regional venture capital firm East Ventures. With the support of the funds jewelry brand said it is poised to accelerate its international expansion.

Softbank-backed Carro reports record EBITDA in FY2023 driven by strong recurring ecosystem ancillaries

Carro, the Singapore-based online used car platform, announced Thursday that it has recorded its best ever full-year positive earnings before interest, taxes, depreciation, and amortization (EBITDA) of $4 million for its latest financial year ending March 2023 (FY2023).

Sequoia-backed Circles forms joint venture with Middle East telco firm e& for digital services

Sequoia-backed Circles has on Thursday announced that it has entered into a strategic partnership with Abu Dhabi-headquartered telco firm telco firm e& international for digital services across its operating markets and beyond.

Grab co-founder Tan Hooi Ling to step down from official positions by year-end

Grab Holdings Limited has on Thursday announced that Tan Hooi Ling has informed its board of directors of her intention to step down from her operating roles at Grab, including her directorship, by the end of 2023.

Atome partners with Amazon to offer deferred payment option during checkout in Singapore

Atome, a Singapore-based buy-now-pay-later (BNPL) platform, has on Wednesday announced that its flexible buy now pay later payment option is now available for Amazon customers in Singapore during checkout.

Singapore’s GoodGang Labs receives $2M seed funding from Kakao Investment

Singapore-based avatar communications company GoodGang Labs has on Thursday announced that it has successfully raised $2 million in seed funding from Kakao Investment, a subsidiary of the prominent South Korean tech giant.

Social Singapore’s BandLab raises $25M in Series B1 new round, valuing the company at $425M

BandLab Technologies, the Singapore-based parent company of flagship social music creation platform BandLab, has announced the addition of $25 million in a new round of Series B1 financing that raises the company's valuation to $425 million post-money.

PropertyGuru first quarter revenue climbs 16 percent to $24.5M

PropertyGuru Group Limited, a Singapore-based property technology company, has on Tuesday announced its revenue rose 16 percent year on year to SGD 33 million ($24.5 million) in the first quarter of 2023.

OCBC partners ADDX to launch tokenized equity-linked structured note

Singaporean bank OCBC Bank has partnered with the country's private market exchange ADDX to distribute its first tokenised equity-linked structured note to accredited investors.

ORIGIN Conference: Southeast Asia: A Race to Go Sustainable

The panelists discussed sustainability issues and development across Southeast Asia. Avant Meat’s Chan and SWAP Energi’s Irwan explained how their startups can help to achieve sustainability goals while Ting, from Trive Ventures, gave examples on how the startups his firm invested in are driving sustainable innovation. He also gave his views from an…