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 2021-01-13 10:49 

Tech in Asia

Hong Kong healthtech investor Ori Capital hits first close on targeted $400m fund...

The final completion is expected to be announced at the end of 2021....

 2021-01-13 10:31 

Tech in Asia

Sea Group acquires Indonesia's Bank BKE to ramp up digital payments plan...

Bank BKE has been acquired by Turbo Cash Hong Kong, a unit of Sea Group, that bought majority stakes in the bank's two owners....

 2021-01-13 10:26 

Tech in Asia

Ex-WhatsApp, Google execs join $7m round for Indian public transport startup...

Funds raised from the financing round will be used to expand Chalo's network into multiple cities....

 2021-01-13 09:49 

Tech in Asia

The online grocery leader in Singapore...

How RedMart is dominating the online grocery space in Singapore, Grab has contributed half of Southeast Asia's food delivery GMV, and China wants tech giants' consumer loan data...

 2021-01-13 09:11 

Tech in Asia

India-based vehicle service startup ReadyAssist nets $1m in seed round...

The company will use the funds to focus on developing its technology to service stranded customers faster than the current market solutions....

 2021-01-13 09:06 

Tech in Asia

GrabToko founder arrested by police on the charge of online scamming...

According to police, GrabToko has scammed 980 people, and the total loss can reach 17 billion rupiahs (US$1.2 million)....

 2021-01-13 08:18 

Tech in Asia

Indonesia-based venture capital firm Intudo Ventures launches fellowship program...

The program will be limited to prospective applicants who plan on returning to Indonesia within a 12-month window after their application....

 2021-01-13 07:13 

Tech in Asia

US-listed Tencent Music, Vipshop, Joyy plan secondary listings in Hong Kong...

The move would allow the Chinese firms to expand their investor base as they face possible delistings in the US amid new regulations....

 2021-01-13 06:44 

Tech in Asia

InnoVen Capital invests $6.8m in Indian B2B construction marketplace...

Infra Market helps construction and real estate companies procure materials through its platform....

 2021-01-13 06:38 

Tech in Asia

Tesla incorporates its unit in India, filing shows...

Tesla Motors India and Energy Private Limited is set to be headquartered in Bengaluru....

 2021-01-13 06:00 

Tech in Asia

Show me the money: How unit economics works and why you should know that...

Watch Sequoia Capital's Pieter Kemps and Fave CEO Joel Neoh break down a key aspect of running a business - how to tell whether it's making any money....

 2021-01-13 03:58 

Tech in Asia

Indian edtech major Byju's to acquire offline tutoring center Aakash: Report...

The deal is expected to be completed in two or three months....

 2021-01-13 03:34 

Tech in Asia

Vietnam e-wallet MoMo raises series D led by Warburg Pincus, Goodwater Capital...

MoMo claimed that it has reached 23 million users and has 120,000 MoMo-accepted points across the country....

 2021-01-13 00:30 

Tech in Asia

'Buy now, pay later' heats up in Singapore with Grab, Mastercard entering the scene...

Can Singapore accommodate all of these players? How will they differentiate themselves?...

 2021-01-12 11:11 

Tech in Asia

Malaysian fintech firm Microleap banks $3.3m from MAA Group...

The company looks to expand its Islamic P2P financing services to small and medium-sized enterprises in 2021....

 2021-01-12 10:47 

Tech in Asia

Chinese proptech startup bags seed funding from Sequoia-linked ZhenFund, GGV...

Blue Wall aims to expand its product lines and accelerate its growth initiatives in China's real estate and construction market....

 2021-01-12 09:56 

Tech in Asia

PlanetSpark launches hardware-targeted accelerator for Singapore startups...

PlanetSpark will invest an initial S$5 million (US$3.7 million) to expand the center's engineering capabilities and develop technology platforms....

 2021-01-12 09:55 

Tech in Asia

Singapore cybersecurity firm MicroSec raises an undisclosed amount in series A funding...

The cybersecurity startup has raised US$3.2 million in total funding to date....

 2021-01-12 09:30 

Tech in Asia

Game on! Will Singtel's gaming venture take off?...

Why Singtel is storming into the gaming world, and an Indonesian sharia fintech platform's fresh funds...

 2021-01-12 08:17 

Tech in Asia

Grab contributed to nearly half of SEA's food delivery GMV in 2020: report...

The super app led in five out of six of the region's markets in 2020 with an estimated gross merchandize value of US$5.9 billion....

 2021-01-12 07:13 

Tech in Asia

SoftBank sells $2b shares in US ride-hailing giant Uber...

Following the transaction, SoftBank retains 184.2 million shares, which is worth about US$10 billion at current prices....

 2021-01-12 07:00 

Tech in Asia

Unlock the secrets of Asia's startup and tech leaders...

Our Unlocked series will showcase the best and brightest leaders from Asia's tech and startup scene teaching us the core business strategies that have propelled them to success....

 2021-01-12 06:11 

Tech in Asia

Indonesian edtech startup nets undisclosed sum from women empowerment fund...

Titik Pintar will use the investment to develop the company's collection of interactive lessons and educational videos through its website....

 2021-01-12 06:03 

Tech in Asia

Singaporean digital assets exchange Zipmex rakes in $6m in new funding...

Zipmex plans to use the funds for the expansion of its interest-bearing product ZipUp and its new native token ZMT....

 2021-01-12 04:30 

Tech in Asia

Indonesian blue-collar workforce platform Sampingan lands $5m in Altara-led round...

The funding from the financing round will be allocated toward the expansion of its tech, product, and sales teams....

 2021-01-12 03:37 

Tech in Asia

Singapore foodtech startup closes 7-figure seed round...

Advantir will use the new funds to grow its team, drive the innovation of its new products, and facilitate international expansion....

 2021-01-12 03:05 

Tech in Asia

Another Pinduoduo employee death renews concerns over China's '996' work culture...

The employee, a technology development engineer in the company, reportedly jumped from the 27th floor of his apartment building in Changsha on Saturday....

 2021-01-12 02:00 

Tech in Asia

Indonesian financial management app BukuKas banks $10m in Sequoia-led round...

The startup will use the funds to accelerate merchant acquisition, strengthen its engineering and product capabilities, and expand its range of services....

 2021-01-12 02:00 

Tech in Asia

Letter to readers: Bye, credit cards; hello, 'buy now, pay later'?...

It's certainly an exciting development to watch....

 2021-01-12 02:00 

Tech in Asia

CDNs are the unsung heroes of the internet and its 5G future...

The improved capabilities of virtual content delivery networks will be essential to 5G adoption....

 2021-01-12 00:00 

Tech in Asia

South Korean content discovery firm bags $12m in SV Investment-led round...

To date, Dable has raised a total of US$20 million in over four funding rounds....

 2021-01-11 16:26 

Tech in Asia

RedMart saw 3x income growth and better margins since Lazada buyout...

RedMart dominates the online grocery space in Singapore, but it may take a while before the company hits profitability....

 2021-01-11 11:11 

Tech in Asia

China to urge tech titans to share consumer loan data, sources say...

The country expects the move to curb excess borrowing and fraud....

 2021-01-11 10:22 

Tech in Asia

Sequoia China leads $150m series B round for Chinese biotech firm Visen...

Visen will use the new funds to accelerate the clinical development, manufacturing, and commercialization of its three endocrinology drug products....

 2021-01-11 09:42 

Tech in Asia

Singaporean HR tech startup Snaphunt secures $1m from Beenext in latest round...

Funds from the the new round will be used to expand the company's footprint across Asia....

 2021-01-11 09:30 

Tech in Asia

Kopi Kenangan spills the beans on its 13x growth in 2019...

How Kopi Kenangan stayed profitable in 2019 and its plans for the future, and the Philippines-based fintech startup that's set to be worth US$1 billion...

 2021-01-11 08:02 

Tech in Asia

Education-centered fintech firm Pintek closes $21m debt facility deal...

The Indonesian startup said it aims to accelerate the penetration of educational financing and make learning in Indonesia more accessible....

 2021-01-11 06:48 

Tech in Asia

SoftBank leads $360m series F round for Tencent-backed fitness app Keep...

The latest investment pushed its valuation to about US$2 billion....

 2021-01-11 04:15 

Tech in Asia

SoftBank-backed investment app Ajaib nets $25m from Li Ka-shing's VC firm...

The fresh capital will be used to expand Ajaib's technology infrastructure, recruit engineering talent, and deepen its product offerings....

 2021-01-11 02:57 

Tech in Asia

Singtel's bold move to storm the gaming world...

After a string of failed ventures, Singtel is trying again with a new gaming company called Storms. Can the telco learn from the past?...

 2021-01-11 02:30 

Tech in Asia

Sharia fintech firm Alami bags $20m in round led by AC Ventures, Golden Gate...

The fundraise comes a year after Alami closed its US$1.5 million seed round, which was led by Golden Gate Ventures....

 2021-01-11 02:00 

Tech in Asia

The Midas touch: How technology is making gold investing simpler...

This platform is helping retail investors diversify their portfolio more conveniently....

 2021-01-10 09:30 

Tech in Asia

Lazada and Grab go head to head over online grocery delivery...

Every day, 100k+ smart people read our newsletter. You can sign up here. Hello readers, This week, we published a story about online grocery delivery in Southeast Asia (the first of a two-parter), which became the fastest-growing ecommerce category in 202...

 2021-01-09 09:30 

Tech in Asia

Bye, 2020! Ka-ching, 2021!...

Udaan, Enflame, Kakao Enterprise and more startups raised money in the first week of the year....

 2021-01-09 07:25 

Tech in Asia

Meet the 20 top-funded fintech companies in India...

These companies are most likely to redefine the status quo in the financial system....

 2021-01-08 12:55 

Tech in Asia

Baidu set to announce EV venture with automaker Geely, report says...

The announcement may come as soon as next week....

 2021-01-08 12:39 

Tech in Asia

Tencent increases its stake in Chinese grocery startup Xingsheng, sources say...

Xingsheng is also discussing potential fundraising plans with other investors including Beijing Kuaishou Technology....

 2021-01-08 11:37 

Tech in Asia

Sequoia, Tencent join the $190m series C and D rounds of Chinese HR startup...

The latest investment comes after WorkTrans raised US$23 million in a series B1 round from Qiming Venture Partners and Lightspeed China Partners in 2018....

 2021-01-08 09:41 

Tech in Asia

Philippines' Mynt bags $175m funding to capitalize on mobile payments surge...

The GCash operator raised the total amount over multiple tranches from ASP Philippines, which is managed by investment firm Bow Wave, and existing shareholders....

 2021-01-08 09:30 

Tech in Asia

Gojek wrote off a $17m loan to Pathao...

A peek into Gojek Singapore's financial statements and a B2B ecommerce startup's US$280 million raise to bring farmers and manufacturers online...

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