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Singapore e-commerce enabler Zaapi raises $4.5M seed investment led by GFC, Flourish Ventures, and Partech

Zaapi has raised a $4 million seed investment in the current round of funding. Prominent venture capital investors, including Global Founders Capital (GFC), Flourish Ventures, and Partech, led the investment. Other institutional investors in the round include 1982 Ventures, Kaya Founders, Iterative, XA Network, and Sketchnote Partners/Invertidos.

How NFT artists can turn art into investments by keeping piracy at bay

To continue putting artists at the heart of the ecosystem, platforms need to enforce more security measures to ensure the continuous growth of the industry, and the nature of blockchain can do just that.

Malaysian finance platform Ethis Group launches Ethis Global platform for global expansion

Malaysia-based ethical investment and social finance platform operator Ethis Group said Monday it will be launching EthisX as part of its global expansion plan. Approved by the Capital Market Authority (CMA) – the Sultanate of Oman’s regulator and supervisor of the capital market and insurance sector – EthisX is managed by Ethis Investment Platform LLC…

Singtel’s NCS acquires Australian IT services firm The Dialog Group for $241M

NCS, the information technology (IT) and communications engineering arm of Singtel, announced Monday it has acquired Australia’s largest privately-owned IT services company The Dialog Group (Dialog) for A$325 million ($241 million). The acquisition of Dialog is geared to unlock new growth opportunities in the Australian market and accelerate NCS’…

Singapore investment management firm Transport Capital launches new venture capital arm TC Ventures

Transport Capital has launched its new venture capital arm named TC Ventures. TC Ventures will focus on startups offering compelling solutions for transportation’s two mega challenges: decarbonisation and digitalisation. It not only provides capital but makes a deep understanding of - and contact network in - maritime and aviation available to its investee…

Thai venture capital firm ORZON Ventures invests in SEA tech firms Pomelo, Carsome, Freshket, GoWabi and Protomate

Thai venture capital firm ORZON Ventures on Friday announced its investments in five fast-growing startups in Thailand and Southeast Asia (SEA) region, namely Pomelo, Carsome, Freshket, GoWabi and Protomate.

GrabBike, Grab, motorbikes, motorcycles, transportation, Indonesia

Grab reports $1.1B loss in 4Q as revenue falls on heavy incentive spending

Grab posted a loss of $1.1 billion in the fourth quarter 2011, as its revenue tumbled 44 percent year on year on heavy incentive spending. The revenue drop was due to the company preemptively invested to grow driver supply to support strong recovery in mobility demand. Consumer incentives for mobility and deliveries also increased as Grab invested in its…

Singapore document AI startup Docsumo raises $3.5M in seed fund, eyes expansion in North American market

Docsumo has raised $3.5 million in seed capital led by Common Ocean. The round also saw the participation from Fifth Wall, Arbor Realty Trust, and existing investor Better Capital. The startup plans to utilize the fresh funds to expand its client base in the North American market and grow the team.

More than digital transformation, consistent digital mastery is key to business resilience

Digital transformation may have once merely been a means to survive. But now, more than ever, it has become a must – and not just an option – for businesses to stay ahead in this new future.

How ex-Wall Street veterans are redefining what it means to ‘own your trade’ in Web3 [Podcast]

“The inevitable shift towards Web3 will increase the need for practical solutions to quickly onboard Web2 users. Merging the most useful features of centralized and decentralized exchanges can be the key to mass adoption for Web3-based crypto trading. For active market participants, this is a clear win."