Sudden market changes are the true test of resilience for many companies. For new startups constantly competing for capital, these changes can be the difference between life and death. Everyone lives in abundance when the tide rises, but when the tide recedes, the consequences of past decisions become apparent. Did we build a foundation sturdy […]

Jakarta-based startup BintanGo, a platform facilitating content creators in monetizing their work, has recently secured $2.2 million in fresh funding, a mix of debt and equity. This round of funding has gained support from Contents Technologies, Transcend Capital Partners, and existing backers Investible and eWTP Tech Innovation Fund.  This infusion of capital takes the total […]

Noxx, an innovative US-based startup, is making waves in the employment sector by championing secure hiring for pseudonymous jobs, where individuals apply using alternative names rather than their real ones. Through its innovative platform and payroll tools, Noxx allows companies to adapt to pseudonymous hiring without losing sight of their internal responsibilities or stepping outside […]

Malaysian renovation and interior design marketplace, HOMA Sdn Bhd (HOMA2U), announced today that it has secured $875,000 in pre-Series A funding. The investment round was led by Quest Ventures Asia Fund II, an early-stage venture capital fund managed by Singapore-based Quest Ventures Pte Ltd. Additional investors include Worldwide Management Solutions and Qhazanah Sabah Berhad (QSB), […]

Indonesia-based raw material procurement platform Bababos has closed its pre-seed funding round, with East Ventures as the lead investor. The startup plans to use the additional capital to build a seamless platform that connects small and medium enterprise (SME) manufacturers directly with quality raw materials sourced from top suppliers and producers. Bababos is committed to […]

HD, a Bangkok-based healthcare and surgery marketplace, announced raising $6 million in funding to improve accessibility and affordability of healthcare services and elective surgeries in emerging Southeast Asia. The startup, which operates the HDmall platform in Thailand and Indonesia, is excited to announce that it has successfully raised funding from a group of investors incl. […]

Alta, previously known as Fundnel, has announced the acquisition of the leading private digital securities exchange, Hg Exchange (HGX). The acquisition will enable Alta to support the tokenization and digital custody of alternative assets, creating an end-to-end solution that makes it cheaper and faster to trade private securities, funds, and asset-backed securities like real estate, […]

Southeast Asia’s used car marketplace giant Carro is expanding into the Japanese market through a joint venture with SoftBank Corporation, according to an announcement. The JV will be named Carro Japan Co Ltd and will introduce a full suite of services, such as subscription-based services and car leasing. Through this strategic partnership, Carro’s technology will […]

Eezee, a Singapore-based B2B procurement startup, revealed that it has raised $7.5 million in its Series A funding round that will fuel its further expansion in Southeast Asia. The funding round was led by Ayala Corporate Technology Innovation Venture Fund (ACTIVE Fund), one of Southeast Asia’s top corporate venture capital firms backed by Ayala Corporation […]

Norwest Venture Partners led a $75 million Series C round of fundraising for Indian social commerce startup, CityMall. The group-buying platform intends to upgrade people living in Tier-II and beyond to online buying. This is CityMall’s third fundraise in the last 1.5 years. Formed in 2019 by Angad Kikla and Naisheel Verdhan, the startup has […]