Indonesian fintech startup Xendit joins unicorn club
Indonesian financial technology (fintech) startup Xendit announced raising $150 million in its Series C funding round that catapulted the company ...
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Singapore’s Carousell becomes unicorn after raising $100m
Carousell Group, a Singapore-based classifieds group, has become Southeast Asia's latest unicorn after it raised $100 million with a $1.1 ...
Boost For The FinTech Ecosystem – India, Singapore announce UPI-PayNow linkage
The Reserve Bank of India (RBI) has recently announced that Singapore and India will link their respective fast payment systems- ...
Mittihub, an earthenware startup launched with just Rs 50,000 ($683), increases local Indian artisans income by 40%
Mittihub, an earthenware startup was launched last year by two students Abhinav Aggarwal and Megha Joshi from Rajasthan, India to ...
VinaCapital invests in Vietnamese insurtech startup GlobalCare
GlobalCare, a Vietnamese insurance technology (insurtech) startup, announced raising an undisclosed amount of investment from VinaCapital Ventures, the technology investment ...
Smart logistics tracking startup McEasy gets $1.5m from East Ventures
McEasy, an Indonesian startup that provides Software-as-a-Service digital solutions for logistics vehicle management and tracking, has raised $1.5 million in ...
VinaCapital Ventures picks up stake in Vietnamese insurtech firm Global Care
VinaCapital Group’s investment arm VinaCapital Ventures recently announced that it has invested in a Vietnamese InsurTech firm, Global Care that ...
Zomato takes its grocery business off the menu
FoodTech platform Zomato recently announced that it is closing down its pilot online grocery delivery business due to gaps in ...
GM, Harley-Davidson, and now Ford- Why are American automakers leaving India?
In a recent announcement, Ford said that it has accumulated operating losses of over $2 billion over the last ten ...
Indonesian wealthtech startup Pluang closes $55m funding round
Pluang, a disruptive wealth tech company based in Indonesia, is democratising access for Indonesian retail investors to grow their wealth ...
Esports titan Mineski Global raises $10.6m in Series A funding
Mineski Global, a Philippine-founded esports and gaming organisation, has announced raising $10.6 million in its Series A funding round led ...
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 ...
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 ...