Latest news and trends about tech
Indonesia’s J&T Express announces Lionel Messi as global brand ambassador
Indonesia-based logistics service provider J&T Express has announced football star and global sports icon Lionel Messi as its first global brand ambassador. Known for his relentless pursuit of excellence and resilience, the seven-time Ballon d'Or winner understands the continuous commitment to improvement that is at the heart of J&T Express.
Indonesia’s ESQA raises $6M series A funding led by Unilever Ventures
ESQA, an Indonesian indie beauty brand, has raised a $6 million Series A round led by Unilever Ventures, the venture capital arm of consumer giant Unilever. Renowned investor, East Ventures has also participated in this round.
PolicyStreet partners foodpanda Malaysia to digitise delivery partners’ insurance
Malaysia-based insurance technology firm PolicyStreet has teamed up foodpanda Malaysia to digitise delivery partners’ insurance for better protection. All of foodpanda Malaysia’s delivery partners classified as gig workers nationwide will be enjoying simplified insurance processes as part of PolicyStreet’s commitment to close the insurance protection gap…
Singapore’s Igloo raises additional $27M, bringing Series B total funding round to $46M
Singapore-based insurtech Igloo has on Tuesday announced that it has successfully raised an additional $27 million in its Series B extension, bringing a close to its Series B funding round at $46 million. The initial Series B capital raise of $19 million in March this year was led by Cathay Innovation, with further investments from ACA and other existing…
South Korea’s SK Telekom partners Singapore’s Singtel to grow metaverse business in APAC
SK Telecom (SKT) has on Tuesday announced that it had signed a memorandum of understanding (MOU) with Singapore-based communications technology group Singtel, to jointly grow the metaverse business in countries where the group operates in, starting with Singapore.
Vietnam’s Society Pass partners with Stripe to ease payments settlement
Society Pass Incorporated (SoPa), the Vietnam's based data-driven loyalty, fintech and e-commerce ecosystem, has on Monday announced the integration of Stripe’s financial infrastructure solutions onto the SoPa platform to power transaction settlement services for merchants and customers on SoPa’s ecosystem.
Thailand Accelerator project launched to assist Thai & Southeast Asia startups in raising capital, accelerating growth
Thailand Accelerator is still accepting applications from organizations interested in collaborating and supporting the initiative. You can reach them at accelerator@techsauce.co
EDBI’s CEO and President Chu Swee Yeok steps down to set up new fund
EDBI, the investment arm of Singapore Economic Development Board (EDB), has on Monday announced that Chu Swee Yeok is stepping down from her current role as Chief Executive Officer and President of the company, effective from February 1, 2023.
Indonesia’s TipTip raises over $13M Series A Funding led by East Ventures
TipTip, a monetization platform for content creators based in Indonesia, has secured its $13 million Series A funding round, following thestartup’s $10 million seed round funding earlier this year. The Series A funding was led by East Ventures with continued participation from Vertex, SMDV, B.I.G. Ventures and prominent angels.
Singapore’s ComfortDelGro partners Indonesia’s Gojek to tackle transport industry issues
Singapore-based taxi operator ComfortDelGro and Indonesia-based on-demand mobile platform Gojek are coming together to jointly explore ways to address key issues affecting the point-to-point transport industry, including driver shortage.
