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Asia Tech Daily — 29 Mar 2024

For startups, the journey of running a business is a rollercoaster of exhilarating highs and daunting challenges, particularly when it comes to managing funds and steering towards profitability.  In this […]

FinTech — 27 Mar 2024

Indonesian InsurTech firm Qoala has completed its Series C funding round, securing $47 million in investment. PayPal Ventures, PayPal’s corporate venture arm, backed Qoala with the investment. PayPal Ventures and […]

Deals — 15 Mar 2024

Health tech firm HiLabs has secured $39 million in Series B financing, the company announced on Thursday. The funding round was led by Denali Growth Partners and Eight Roads Ventures, […]

AI & Big Data — 22 Feb 2024

Moonshot AI, a Chinese AI startup, has clinched a staggering sum of over $1 billion in its Series B funding round for the development of large language models (LLMs). The […]

IPO & Markets — 22 Nov 2023

Singapore-based Carro, a prominent online automotive marketplace in Southeast Asia, is actively engaging in discussions with potential investors to secure a funding round exceeding $100 million. According to a senior […]

Funding — 21 Nov 2023

Bain Capital has successfully concluded the final closing of its fifth pan-Asia private equity fund, Bain Capital Asia Fund V, securing $7.1 billion in capital commitments. This achievement exceeds the […]

IPO & Markets — 7 Nov 2023

Fast-fashion giant Shein is preparing for a U.S. initial public offering (IPO), aiming for a valuation as high as $90 billion, according to sources familiar with the matter. This valuation […]

Governments — 22 Sep 2023

Silicon Valley venture firm GGV Capital has decided to split into two separate entities, one focused on Asia and the other on the United States. This decision follows a trend […]

IPO & Markets — 25 Aug 2023

VNG, Vietnam’s first unicorn, will become the country’s first technology company to list in the US publicly. Sources cited by Reuters reveal that VNG had initially entered a preliminary agreement […]

Governments — 9 Aug 2023

The U.S. plans to enact a prohibition on private-equity and venture-capital investments in specific Chinese technology firms as part of an executive order set to be unveiled by the Biden […]

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