Latest news and trends about tech

SOCAR Malaysia raises $55M in Series B funding from EastBridge Partners, Sime Darby

The $55 million investment will be channeled towards continuous technological enhancements and investing in further trust and safety measures that will help improve the overall profitability of the business.

Pakistan EdTech startup Maqsad raises $2.1M pre-Seed funding led by Indus Valley Capital

The COVID-19 pandemic created a global education crisis, which was more pronounced in developing countries. This gave rise to EdTech startups globally, with ventures in countries like India and Indonesia scaling rapidly to make education more accessible for the wider population.

Singapore-based RtistiQ launches Southeast Asia’s first online NFT-driven art marketplace

The online art marketplace leverages blockchain, non-fungible tokens (NFT) and near field communication (NFC) to provide provenance tracking and ensure authenticity of the artwork.

Upstage raises $27M Series A funding led by SoftBank Ventures Asia for hiring AI talent and development of AI stack

Upstage plans to use the funds raised to recruit a large number of AI specialists and developers to accelerate the development of its ‘AI Pack.'

Indonesia’s Indepay launches tara.app, an open transfer platform aimed at accelerating digital payments for consumers and MSMEs

The tara.app framework relies on open APIs with deep integration with major banks, financial institutions, and technology partners. Indepay says that nine major banks are in the process of enabling this open transfer platform.

smiling woman in white knit sweater

L Catterton-backed dental firm Zenyum plans expansion across Asia as clear aligners gain popularity

Zenyum's fundraising and expansion plans come as clear aligners are gaining popularity across Asia and Southeast Asia, trailing trends in the US and Europe. Since its founding in 2018, Zenyum said the company has grown exponentially, seeing a 4x revenue increase in 2020 alone.

Japan eGift firm Giftee invests in Indonesian customer loyalty platform TADA

Giftee's investment into TADA Network marks its second major investment outside of Japan as part of the company's expansion in Southeast Asia.

Thai alternative digital lending platform SCB Abacus closes a $12M Series A round led by Openspace Ventures

SCB Abacus will use the fresh funds to strengthen its digital infrastructures, drive product adoption and recruit additional talent.

Electric scooter maker & battery-swapping platform Gogoro to go public via merger with Poema Global SPAC, resulting in $2.35B enterprise value

Gogoro's battery swapping ecosystem enables smart mobility for two-wheel electric vehicles--an alternative 'refueling' means comparable to gassing up at traditional refueling stations.

6 Ways to master the impact of email marketing

The key to success lies in that your email is read, chosen, and remembered in comparison with the other emails in the consumers’ inbox. One can easily say that email marketing is an amalgamation of art and science.