Singapore

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.

Singapore’s ecoSPIRITS closes $10M Series A fundraise led by Closed Loop Partners

Singapore-based circular economy technology company ecoSPIRITS has raised $10 million in an oversubscribed Series A funding round, led by New York-based circular economy investment firm Closed Loop Partners.

Tenity launches XRPL Accelerator in Singapore for early-stage startups building on the XRP Ledger

Switzerland-based venture capital firm Tenity has on Tuesday announced that it has become the first program partner of the XRP Ledger (XRPL) Accelerator in Asia Pacific with the launch of a Singapore-based cohort.

Singapore’s SquareX raises $6M in seed round led by Sequoia Capital Southeast Asia

SquareX, a Singapore-based cybersecurity startup, announced Wednesday it has raised $6 million in a seed round led by Sequoia Capital Southeast Asia. SquareX will use the funds raised on research and development (R&D)-engineering and go-to-market.

Singapore TV content rights startup Allrites to go public in US after merging with Aura Spac

Allrites Holdings Pte. Ltd., a Singapore-based film and television content rights marketplace, is expected to be listed on the Nasdaq Global Market after merging with United States-listed blank check company Aura FAT Projects Acquisition Corp (AFAR).

Stripe teams up WhatsApp for in-chat payments in Singapore

Stripe, a United States-based financial infrastructure platform for businesses, has on Monday announced a partnership with messaging service WhatsApp, that allows Singapore businesses to accept payments directly in WhatsApp chats.

Carsharing supercharges EV adoption in Singapore

In the long run, shifting perceptions on EVs and greater usage through carsharing will create a multiplier effect that enhances the accessibility of EVs, increases users’ willingness to use EVs, and amplifies the demand for existing charging stations. These will culminate in greater investment by the government and EV charging partners to expand Singapore’s…

MAS imposes further additional capital requirement on DBS Bank for disruption of banking services

The Monetary Authority of Singapore (MAS) has imposed on DBS Bank Ltd (DBS Bank) an additional capital requirement, following the widespread unavailability of DBS Bank’s digital banking services on March 29 and a subsequent disruption to its digital banking and automated teller machine (ATM) services on May 5.