South Korea Launches 640 Billion Won ‘Startup Korea Fund’ to Boost Deep-Tech Ventures
On August 29, South Korea’s Ministry of SMEs and Startups revealed the establishment of 22 Startup Korea Funds, totaling 640...
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ZUZU Hospitality Secures $5.9M to Bring AI-Powered Revenue Tools to Independent Hotels
Singapore-based ZUZU Hospitality, a revenue management and distribution platform for independent hotels, has secured US$5.9 million in a Series B...
Mekari Acquires Desty to Boost Omnichannel Commerce Capabilities
Indonesia’s Software-as-a-Service (SaaS) provider Mekari has acquired Desty, an omnichannel commerce platform that supports thousands of merchants in handling sales...
Delhi Government Targets 5,000 Startups by 2035 with New VC Fund and Incentives
The Delhi government on Tuesday announced the draft Delhi Startup Policy 2025, aiming to position the capital as a leading...
Rachel Lau’s Iris Capital to Raise $200M for Private Credit and Equity Expansion
Malaysia-based Iris Capital Partners is looking to raise $200 million from institutional investors for a new private credit and private...
BlueFive Teams Up with CICC Capital to Back Chinese Companies in the Gulf
CICC Capital, the private equity arm of China International Capital Corporation Limited, has partnered with Abu Dhabi-based BlueFive Capital to...
Singapore’s BOM BOM Raises $2.7M to Scale AI-Driven Precision Pet Nutrition
Singapore-based BOM BOM, a startup specializing in precision pet nutrition, has raised S$3.5 million (US$2.7 million) in a Series Pre-A...
Hospitality Giant OYO Readies November IPO, Valuation Pegged at USD 8 Billion
OYO Hotels & Homes, the hospitality and travel technology company founded by Ritesh Agarwal, is preparing to file its Draft...
Singapore’s Mirxes Gains Hang Seng Composite Index Inclusion, Expands Investor Base
Singapore-based biotech start-up Mirxes is slated for inclusion in the Hang Seng Composite Index (HSCI) on September 8, merely three...
PAC Review Spurs Khazanah to Sharpen Venture Capital Approach After FashionValet Loss
Malaysia’s sovereign wealth fund, Khazanah Nasional Bhd, has acknowledged lessons from its unsuccessful investment in e-commerce firm FashionValet Sdn Bhd,...