PropertyGuru, Southeast Asia’s leading property technology company, today announced the appointment of Shyn Yee Ho-Strangas as Managing Director for the Data and Software Solutions (DSS) business. She joins PropertyGuru’s Group Leadership Team and will report to CEO and Managing Director, Hari V Krishnan. Shyn Yee brings deep domain knowledge in travel and technology, having served ... Read more ›
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Nalagenetics, a leading provider of genetic testing solutions in Southeast Asia, today announced the closing of a US$12.6 million Series A round of financing, co-led by Intudo Ventures and Vulcan Capital, with participation from strategic investors, including Singapore-based Diagnostics Development Hub (DxD Hub) through the Agency for Science, Technology and Research’s (A*STAR) A*ccelerate Technologies Pte ... Read more ›
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Singtel’s wholly-owned subsidiary Singapore Telecom International has monetised a 1.6% stake in Airtel Africa through a market placement, as part of its capital recycling strategy. It raised net proceeds of approximately S$150 million from the placement which was well oversubscribed. “We are pleased with the strong interest in the placement. This monetisation underscores our approach ... Read more ›
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Singapore-based Red Door Digital, the Web 3.0-ready game studio and publisher, announced that it has secured $5 million in seed funding to create AAA-quality video games for Web3, leveraging blockchain technology and its own proprietary Web3 infrastructure. A consortium of investors participated in this seed round of funding, including M6, Shima Capital, Maven Capital, Cryptology ... Read more ›
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COLABS becomes Pakistan’s only venture-backed collaborative workspace by a $3 million investment. The round was led by Indus Valley Capital, Zayn Capital and Fatima Gobi Ventures. It is the first time these three leading Pakistan focused VCs are investing together in a startup. The round was also joined by Shorooq Partners, Kinnow Capital, and some ... Read more ›
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FanCraze, the next-generation digital collectibles (NFT) company based in India, announced that it has raised $100 million in Series A funding. The newly-raised capital will be used to fund FanCraze’s continued expansion of its metaverse across the cricket landscape for current and emerging partners. The funding round was led by New York-based global private equity ... Read more ›
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EarnU, a crypto-friendly fantasy sports platform, has entered the Indian market ahead of the Indian Premier League 2022. The brand provides a user-friendly play-to-earn experience to the audience across various sports and esports on the basis of prediction games. The platform allows users to earn crypto rewards for correct predictions on the major sports and ... Read more ›
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After receiving controversy on social media over its ambitions to start quick 10-minute meal delivery, India’s online food delivery giant Zomato was obliged to clarify its delivery partners’ road safety. Deepinder Goyal, the founder of Zomato, took to social media to make things clear. He said there are no consequences for delivery times and no ... Read more ›
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DELOS, an Indonesian aquaculture-tech company, has raised $8 million in Seed extension financing co-led by Centauri, a collaborative fund between MDI Ventures and KB Investment Co., Ltd. and Southeast Asian venture capital fund Alpha JWC Ventures. MDI-KB’s Centauri and Alpha JWC Ventures are joined by existing investors, Number Capital, Arise, iSeed SEA, Irvan Kolonas, as ... Read more ›
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The Parentinc (also known as Tickled Media), a fast-growing tech company headquartered in Singapore, welcomes LINE Southeast Asia Corp as a new shareholder. Focused on building content, community, and commerce solutions for pregnant women and young mothers, The Parentinc is best known for its flagship brand, theAsianparent, Southeast Asia’s largest and most successful community platform ... Read more ›
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Indonesian E-Grocery startup Sayurbox has raised US$120 million in its Series C funding round led by Northstar and Alpha JWC Ventures along with participation from the World’s Bank International Finance Corporation. The financing round was also joined by existing investors Syngenta Group Ventures, Astra, Global Brain along with other angel investors. The fresh funding will ... Read more ›
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Singapore-based Climate technology startup Handprint has recently raised US$2.2 million in its seed funding round led by Thunes, a global payments platform along with participation from other undisclosed investors. Handprint that builds sustainability infrastructure for the digital world will be using the fresh infusion of funds to expand its technology and grow its network of ... Read more ›
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Licious is a direct-to-consumer (D2C) meat firm that has raised $150 million in finance. The funding round comes 6 months after the firm received the status of being a unicorn. Amansa Capital, together with Kotak PE and Axis Growth Avenues AIF-I, led this fundraising round. Angel investors such as Nithin and Nikhil Kamath of Zerodha, ... Read more ›
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Tonik, the Philippines’ first digital-only neobank, is eyeing to expand its lending portfolio through venturing into buy now, pay later and home loans for up to P2.5 million ($50,000). Further, the neobank reveals that cryptocurrency will soon be integrated in their proprietary app to provide more opportunities for Filipinos to save using digital assets. “Armed ... Read more ›
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Fintech firm Validus announced that it has agreed with Citi to acquire its CitiBusiness loan portfolio in Singapore, in a move that will bolster Validus’ top line revenue, customer base, and expand its growing loan book. This is the first time a FinTech in Southeast Asia is acquiring an established bank’s loan portfolio and customer ... Read more ›
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Nepalese alternative investment firm Team Ventures has invested about $250,000 in artificial intelligence (AI)-based healthtech startup WISEYAK. WISEYAK has developed an AI and Machine Learning (ML) technology-based platform that offers unique solutions to Clinical Decision Support across the healthcare industry in a unified platform. This technology is applicable to hospitals, doctors, healthcare workers, research organizations, ... Read more ›
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Datature, a fast-emerging player in the machine learning sector, has raised $2.7 million from Openspace, a regional tech investor and the early backer of Gojek amongst others. January Capital also participated in the round. The fundraising follows early traction as Datature quickly establishes itself as one of the most exciting new end-to-end no-code MLOps platforms. ... Read more ›
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Wagely, an Indonesia-based earned wage access (EWA) platform, has announced raising $8.3 million in its pre-Series A funding round l ed by East Ventures (Growth Fund). The funding, which comes in just seven months after the startup secured its seed funding, will be used to scale wagely’s platform to help workers access their earned salaries ... Read more ›
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Treehouse Finance, a DeFi (decentralized finance) company, has raised US$18 million funding in its Seed round led by an undisclosed large FinTech investor along with participation from strategic investors including Lightspeed Venture Partners, Mirana Ventures, Binance, Global Founders Capital, MassMutual Ventures, Jump Capital, Wintermute, GSR, Do Kown of Terrafarm Labs, senior executives from SoftBank Vision ... Read more ›
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Chinese artificial intelligence-based startup that specializes in intelligence text recognition and processing services has secured US$92 million (580 million yuan) in its Series C funding round. The funding round was joined by a portfolio of investors including China Merchant Securities, CITIC Securities, Legend Star, GF Securities, Xiang He Capital, Sunshine Insurance, technology-focused Advantech Capital and ... Read more ›
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Tech Wire Asia
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32% |
Business Insider
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25% 6 |
CNET
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8% 2 |
Eurogamer.net
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5% 1 |
Android Authority
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4% 0 |
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28.11.2024 17:32
Last update: 17:21 EDT.
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