Indian healthcare platform GOQii raises $50M Series C funding from Sumeru Ventures, Modality and others

Indian healthcare platform GOQii Inc announced Wednesday its Series C funding round of $50 million led by Sumeru Ventures, a global fund with a focus on next generation technology areas. GOQii said in a statement that the company has raised funding across equity, preference shares, notes and debt. Modality (Digality), a provider of primary health care and community services across the United…

Vietnam’s Society Pass completes acquisition of Philippines online grocery delivery service Pushkart.ph

Vietnam-based loyalty platform Society Pass Incorporated (SoPa) announced Tuesday that it has acquired Pushkart.ph, an online grocery delivery service in Philippines. As a result of the acquisition, Pushkart.ph becomes a wholly owned subsidiary of SoPa, SoPa said in a statement.  The move kicks-off SoPa’s expansion into the Philippines market. Leveraging on SoPa’s capital, Pushkart.ph will…

Singapore insurtech provider Cyber Sierra raises $4.3M seed fund led by Leo Capital

Cyber Sierra, a Singapore-based technology-enabled cyber insurtech provide, announced Tuesday the completion of a $4.3 million seed round of financing led by Leo Capital, with participation from AppWorks, Credit Saison, as well as angel investors including prominent founders and leaders in the cloud and insurance sectors. With this round of financing, Cyber Sierra said in a statement that it…

Community is crucial to driving innovation, says WORQ Coworking Space’s Stephanie Ping [ORIGIN Innovation Awards Q&A]

According to Stephanie Ping, Founder and Chief Executive Officer at WORQ Coworking Space, community is essential to driving innovation, since it is within a community where innovators share knowledge, resources, and ideas. "WORQ’s vision is to create a world where people and community prosper by working together. We are creating the largest and most productive coworking community by taking…

Carsome completes acquisition of iCar Asia

Malaysia-headquartered integrated car e-commerce platform Carsome Group announced Thursday the acquisition of the remaining 80.1 percent stake in iCar Asia from the Catcha Group and other shareholders of iCar Asia, a listings and content automotive platform in Southeast Asia. Carsome said in a statement that upon the completion of the acquisition, Carsome became the sole shareholder of iCar…

Malaysia to announce digital bank license winners next month – report

Bank Negara Malaysia (BNM) targets to announce the winners of its digital banking licenses next month, according to the central bank's governor Nor Shamsiah Mohd Yunus. “We are in the ‘advanced stage’ of assessing the applications for digital banks and we target to announce the digital banks with the publication of our annual report at the end of March,” she said during the central bank's…

Malaysian fintech startup IIMMPACT raises $2 million funding from Sequoia India’s Surge

Malaysian-based fintech company IIMMPACT announced Wednesday a seed funding of $2 million by Sequoia India’s Surge, a rapid scale-up program for startups in Southeast Asia and India. IIMMPACT is Surge’s first startup founded and based in Malaysia. IIMMPACT said in a statement that the funding will be used to accelerate product development and expand hiring. “Despite the leaps we’ve…

Indian payment platform Razorpay buys majority stake in Malaysian fintech firm Curlec

Razorpay, an India-based payments and banking platform for businesses, announced Tuesday its first international expansion into South-East Asia with the acquisition of a majority stake in Curlec, a Malaysian fintech firm, for an undisclosed amount. This marks Razorpay’s fourth acquisition overall and its first in international waters, taking one step closer to becoming a fintech leader in…

Vietnamese investing app Infina closes $6M in seed funding from Sequoia India’s Surge, Y Combinator, Saison Capital and more

Vietnam-focused retail investing app Infina announced Tuesday that it has closed $6 million in seed funding from investors such as Sequoia Capital India’s Surge, Y Combinator, Saison Capital, Starling Ventures, Alpha JWC, and AppWorks. Additional investors who have backed Robinhood, Coinbase, and similar models in other markets also participated in the funding, Infina said in a statement.……