Building resilience: How does innovation empower Malaysian businesses to boost the economy? [BEYOND Virtual Panel]
Malaysia is expected to end 2021 with a 4.5 percent GDP growth even with the new COVID-19 surges in the country. Is this the proof of Malaysia’s resilience and success at innovating? How is Malaysia adjusting to the lingering effects of the pandemic? What is innovation’s role in the goal of boosting the country’s economy to weather the challenges of the new world?
The panel members for…
From startup to scale-up: A closer look at Thailand’s Soonicorns [BEYOND Virtual Panel]
Soonicorn, a portmanteau of “soon” and “unicorn,” sounds like some whimsical coining of a new word, but it is a concept that merits attention. Thailand has seen a handful of these soon-to-be-unicorns with its thriving startup ecosystem that benefits from its strategic location, good infrastructure, and the availability of low-cost skilled labor.
This BEYOND Virtual Panel held on November 12,…
India fintech startup Velocity raises $20M Series A funding led by Peter Thiel’s Valar Ventures
Velocity, an India-based fintech startup, announced that it has raised $20 million in Series A funding led by Peter Thiel’s Valar Ventures, a United States based venture capital firm.
Other investors who participated in the round include Presight Capital, Utsav Somani’s iSeed, Maninder Gulati (Oyo), Zac Prince (BlockFi) and Philippe De Mota (Hedosophia).
Combined with the $10 milion seed…
Thailand’s WHA Group invests in Thai logistics startup Giztix’s $7.75M Series B funding round
Thailand logistics firm WHA Group has joined Bangkok Bank venture capital firm Bualuang Ventures, to become the main investor in the Series B funding round of GIZTIX, a Thai startup that provides a digital platform for e-Logistics, with total funding of more than $7.75 million.
WHA Group said in a statement, Bualuang Ventures and WHA Group will each invest $3 million in Giztix. The Series B…
Vietnam’s Society Pass eyes M&A opportunities in Indonesia, Philippines after share price jumps more than 400% on NASDAQ
Vietnam-based loyalty and analytics platform Society Pass (SoPa), which started trading on NASDAQ last week, is eyeing merger and acquisition (M&A) opportunities in Indonesia and the Philippines, two of the fastest-growing internet economies in the region.
“We want to replicate our success in our target markets and our ongoing aggressive M&A initiatives in the pipeline. We are…
Singapore enterprise SaaS platform Quincus closes Series B funding led by AEI HorizonX
Quincus, a Singapore-based enterprise Software as a service (SaaS) platform, has raised an undisclosed amount in the second close of its Series B funding round led by AEI HorizonX, a venture capital firm backed by private equity firm AE Industrial Partners and aerospace firm Boeing.
The company earlier raised an undisclosed amount in the first closing of its Series B from investors including…
Singapore’s Temasek to halt investments in Chinese tech firms ‘temporarily’ amid Beijing crackdown – report
Singapore state investor Temasek is temporarily halting new investment in Chinese tech firms, in view of the uncertainties over Beijing’s crackdown on the tech sector, according to its top executive.
Temasek is waiting to see how China defines the rules governing the ways its tech players can operate before making any fresh bets on the country’s digital players, its Chief Investment Strategist…
Philippines BNPL startup Plentina raises additional $2.2M in TMV-led funding round
Plentina, a Philippines-based Buy Now Pay Later (BNPL) startup, said it has raised $2.2 million in the latest funding round led by TMV, a New York-based venture capital firm that invests in purposeful startups reimagining the future.
Meanwhile, Global Founders Capital and existing investors AV Ventures, Techstars, Unpopular Ventures, and prominent Southeast Asian family offices also joined the…
Indonesia influencer platform KaryaKarsa raises $500K Seed round led by Accelerating Asia, Sketchnote Partners
KaryaKarsa, an Indonesian platform that enables creators to distribute and monetize their work, said Tuesday it has raised close to $500,000 seed round, led by Accelerating Asia, Sketchnote Partners and a number of other institutional and angel investors.
KaryaKarsa said in a statement, the seed round will support the company’s growth in the Southeast Asia market and advance the platform.…
Singapore’s AI Rudder raises $10M in Series A round co-led by Sequoia Capital India and Sequoia China Seed Fund
AI Rudder, a Singapore-based voice artificial intelligence (AI) startup, announced Tuesday it has raised $10 million in a Series A funding round co-led by Sequoia Capital India and Sequoia China Seed Fund.
Existing investors Zhen Fund, IMO Ventures, Zizhu Xiaomiao Fund, and Huashan Capital also participated in the round.
AI Rudder said in a statement, the fresh fund will be used to further…