Singapore
Singapore’s Kristal.AI secures $10M for its pre-series B funding round
Kristal.AI, a digital private wealth management platform based in Singapore, has raised over $10 million for its pre-series B funding round. The latest funding round has seen continued participation from the founders, existing investors such as Chiratae Ventures, Sanadhya family, Desai Family Office and brings in new investors such as Stride Ventures and…
DEA signs MOU with Rakuten for collaborative Web3 partnership
Digital Entertainment Asset (DEA), a Singapore-based global Web3 entertainment company that operates the PlayMining non-fungible token (NFT) gaming platform, announced Thursday that it has signed a memorandum of understanding with Rakuten Group for a collaborative partnership in the Web3 domain.
Grab’s 3Q revenue up 143 percent year on year to $382M
Singapore-based super app Grab announced Thursday that its revenue surged 143 percent year on year to $382 million in the third quarter ended September 30, driven by strong growth in mobility and deliveries revenue. The firm has achieved segment adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) breakeven for overall…
Singapore’s Betafi raises $1.3M Pre-seed funding led by Together Fund, Entrepreneur First, and Titan Capital
Betafi, a Singapore-based unified user research platform, announced Thursday it has raised $1.3 million in pre-seed funding led by Together Fund, Entrepreneur First, and Titan Capital. The round also saw participation from Nir Eyal and founders from leading companies such as Razorpay, Pine Labs, Snapdeal, Livspace, and others.
Singapore’s Temasek writes down $275M investment in FTX; says currently have no direct exposure in cryptocurrencies
“In view of FTX’s financial position, we have decided to write down our full investment in FTX, irrespective of the outcome of FTX’s bankruptcy protection filing,” Temasek said.
SEA Group’s revenue up 17 percent year on year in 3Q
Singapore-based consumer internet company SEA Group announced Tuesday that the group's revenue rose 17.4 percent year on year to $3.2 billion in the third quarter ended September 30, 2022, as its e-commerce revenue surged. The group's e-commerce revenue for the third quarter jumped 32.4 percent year on year to $1.9 billion.
Singapore’s Amilo expands to Southeast Asian markets after securing $2M funding
Amilo, a newly setup logistics company based in Singapore, plans to consolidate its growth within the four Southeast Asian (SEA) markets after securing $2 million funding. Over the next 6 months, the firm plans to consolidate its growth within the four markets of Singpore, Malaysia, Vietnam and Indonesia in a margin sustainable way before expanding into the…
Singapore’s ADDX raises $20M Pre-Series B round led by Korean KB Securities
Singapore-based private market exchange ADDX has raised approximately $20 million in fresh capital from new and existing shareholders. KB Securities, a subsidiary of Korea’s largest banking group KB Financial Group (KBFG), led this latest investment, which was part of an upsized Pre-Series B round.
Singapore’s AnyMind gets approval for Japan listing
AnyMind Group, a Singapore-based end-to-end commerce enablement company, on Tuesday announced that the Tokyo Stock Exchange has approved the initial listing of the Company’s shares on the growth market of the Tokyo Stock Exchange. The date of listing is scheduled to be December 15.
Bigo Live partners TripleA to enable users pay with crypto
Bigo Live, a Singapore-based social live streaming platforms, has partnered with TripleA, a Singapore-based licensed crypto payment gateway, to enable users to pay with cryptocurrencies.
