Vietnamese food chain, Homefarm receives an undisclosed investment from an Alibaba-backed fund
Alibaba’s eWTP Technology and Innovation Fund has recently made an undisclosed investment in Vietnam-based food chain, Homefarm. According to CEO ...
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Indonesian e-commerce startup SIRCLO bags $36m from East Ventures, Saratoga
SIRCLO, an Indonesian e-commerce startup that helps businesses sell online, announced raising $36 million in a funding round co-led by ...
South Korea’s KT Corp acquires Singapore-headquartered Epsilon Telecommunications
KT Corp, South Korea's largest telecommunications company, has acquired Epsilon Telecommunications, a global connectivity provider headquartered in Singapore, for an ...
IPO-bound OYO expands its authorized share capital to Rs 901 crore ($122M)
India-based hotel chain OYO has raised its authorized share capital to Rs 901 crore ($122M) from Rs 1.17 crore ($160,000) ...
Jakarta-based P2P lender Modalku partners with BukuWarung to support MSMEs
Indonesia-based P2P lender Modalku has collaborated with BukuWarung, a bookkeeping and digital payments platform to support its 6.5 million MSME ...
Thailand’s logistics unicorn Flash Express to enter Laos
Thailand-based logistics and ecommerce startup Flash Express has tied-up with AIF Group to develop the logistics industry in the region. ...
Indonesian cloud kitchen startup Legit Group bags $3m in Seed funding
Legit Group, a cloud kitchen startup backed by Ismaya Group, announced raising $3 million in a seed funding round led ...
Intudo Ventures an Indonesia-focused VC firm closes $115 million third fund
Intudo Ventures, an Indonesia-only venture capital firm has closed its third fund at $115 million amidst the tech-segment boom in ...
Amazon Pay to offer wealth management services in India
Amazon’s digital payment arm, Amazon Pay, has partnered with Kuvera.in, a mutual fund platform to facilitate wealth management services in ...
Bangladesh’s B2B ecommerce platform ShopUp secures $75 million funding in series B
ShopUp, a Bangladesh-based business-to-business ecommerce startup in a Series B funding round has raised $75 million with Peter Thiel’s Valar ...
PayPal to acquire Japan’s BNPL service provider Paidy for $2.7bn
PayPal Holdings announced that it is acquiring Paidy, a two-sided payments platform and provider of buy now, pay later (BNPL) ...
Singapore businesses most likely to adopt technology: CPA Australia
A survey conducted by CPA Australia, one of the world's largest professional accounting bodies, showed that Singaporean businesses were more ...
Data security startup Borneo nets $18m to boost tech platform
Borneo, a Singapore-based data security platform founded by former Uber and Facebook executives, has secured $15.5 million in fresh funding ...
SG-based game developer Virtuos secures $150m investment from Baring fund
Singapore-headquartered global game developer Virtuos announced that it secured a $150-million investment from funds affiliated with Baring Private Equity Asia ...
Silicon Valley-based AI firm HyperVerge expands in PH to support financial inclusion
HyperVerge, a Silicon Valley-based AI-powered identity verification firm, seeks to utilise its technology to support the Philippine government's initiatives for ...
Singapore logitech startup Portcast eyes global expansion after raising $3.2m
Portcast, a Singapore-headquartered logistics technology startup, is looking at going international and doubling its team size after raising $3.2 million ...