Latest news and trends about tech
Investments,News,SEA,Indonesia,Singapore,FinTech
Grab to increase stakes in Indonesia-based e-wallet OVO to 90% – report
Grab has increased its holding in Ovo's parent company PT Bumi Cakrawala Perkasa from about 39 percent.
October 4, 2021
News,Malaysia,FinTech,Indonesia
Malaysia-based PayHalal partners Atome to offer ‘Shariah-compliant’ BNPL options in Malaysia, Indonesia
The partnership further enhances the shopping and payment experience of shoppers and supports Muslim retailers and businesses with increased sales amid the pandemic.
October 4, 2021
News,eCommerce,Indonesia,SEA,Investments
Indonesia e-commerce firm Ula bags $87M Series B, ropes in Amazon’s Jeff Bezos as investor
The funding round was co-led by Prosus Ventures, Tencent and B Capital Group. Amazon founder Jeff Bezos's Bezos Expeditions also joined the round.
October 4, 2021
Community Interview,FoodTech,Podcast,TNGlobal Insider,AgriTech
Luni Libes of Africa Eats on impact investing and building out services to fill in business infrastructure gaps in food & agri [Podcast Q&A]
Africa Eats is a novel investment holding company that takes 27 graduates from the Fledge accelerator and which answers the question of "how do you build out the food/ag supply chain across Africa to end hunger and poverty?" The answer is a mashup of venture capital, business accelerator, and Berkshire Hathaway.
October 1, 2021
SoftBank-backed Indian hotel aggregator OYO files draft papers for $1.14B IPO
The hotel aggregator's IPO plan also comes at a time when travel restrictions are being eased in many countries and the tourism sector is expected to rebound.
October 1, 2021
News,Investments,Asia,Venture Capital
UK’s CDC Group backs Fatima Gobi Ventures’ Pakistan-focused fund
The new funds will boost Techxila Fund I’s investments in early-stage tech companies across Pakistan.
October 1, 2021
TNGlobal Insider,Blockchain / Crypto
Updating a blockchain is forking hard!
If blockchain networks seek to stand the test of time and rebuild today's institutions for a decentralized, democratized world, governance will be a vital part of the mission.
October 1, 2021
Singapore-based Quincus raises Series B at over $100M valuation
Quincus looks to use Series B funding to continue expanding its footprint in Asia-Pacific, the Middle East, and select markets in Latin America, Europe, and North America.
September 30, 2021
Indonesia,TNGlobal Q&A and Interviews
Startup Studio Indonesia aims to incubate 150 startups by 2024
Startup Studio Indonesia has a preference for the following six sectors: education, health, maritime, agriculture, travel, and logistics but put more emphasis towards selection criteria: product-market fit traction, founder’s profile, local defensible-factor, and market size.
September 30, 2021
Improving the financial literacy of Singapore’s migrant workers
Much of our economy and society is built on the backs of migrant workers. They are equally valuable members of our community and deserve to be treated fairly. The first step to addressing economic and social inequality is to help them improve financial literacy, which will enable them to make more informed choices and open up access to essential financial…
September 30, 2021












