South East Asia

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 2021-08-25 06:51 

Tech in Asia

Razer swings to $31m profit in first half of 2021...

Razer revealed its total revenue climbed 68% to US$752 million, fueled by high growth in its hardware and fintech businesses....

 2021-08-25 06:00 

Tech in Asia

4 unicorn founders weigh in on what it takes to build a billion-dollar business...

While a lot of a company's success comes from within, the larger startup ecosystem has a role to play as well....

 2021-08-25 05:31 

Tech in Asia

Indian VC firm raises $75m in initial close of fourth fund...

Prime Venture Partners is actively seeking a fourth partner to expand its leadership team....

 2021-08-25 05:10 

Tech in Asia

Lazada merges logistics arms under one brand, launches multichannel services...

Lazada Logistics will also offer multichannel services where merchants and partners can store their ecommerce products and fulfill orders via its fleet....

 2021-08-25 05:00 

Tech in Asia

ShopBack posts 150% revenue growth, earns 3x return on Seedly investment...

ShopBack has also raised an initial US$7.3 million in an ongoing funding round....

 2021-08-25 03:38 

Tech in Asia

Wavemaker leads $3.3m round of Singapore workflow automation platform...

Tessaract.io also offers TessaCloud, a document management system that provides optical character recognition and digital signature capabilities....

 2021-08-25 03:00 

Tech in Asia

Flying taxi startup The ePlane Company used this pitch deck to net $1m in seed money...

The Chennai-based startup aims to make city commuting easier at only 1.5x the price of current taxi fares....

 2021-08-25 01:55 

Tech in Asia

How a Singapore crypto startup became a unicorn in just 2 years...

Established by high-profile founders, Matrixport promises zero-cost loans and double-digit annualized yields to its clients....

 2021-08-25 00:45 

Tech in Asia

Singapore fashion analytics firm acquires Malaysia AI startup in $20m deal...

The acquisition of Supahands would help Omnilytics fill a gap in its existing tech offerings for retail firms....

 2021-08-24 16:30 

Tech in Asia

SGInnovate-backed Singapore foodtech firm banks $4.4m in series A money...

Currently, Ai Palette is working with household names like Danone, Kellogg's, Cargill and Dole....

 2021-08-24 14:20 

Tech in Asia

Pinduoduo swings to a net profit of $372m in the second quarter of 2021...

Pinduoduo has registered a net loss of US$138.8 million in the same quarter a year ago....

 2021-08-24 13:44 

Tech in Asia

ScaleUp Malaysia teams up with two VC firms for launch of third cohort...

Quest Ventures and Indelible Ventures will invest in up to 13 out of the 20 scale-ups that will join the accelerator program in October....

 2021-08-24 12:44 

Tech in Asia

Oppo, Xiaomi join Hong Kong online music-streaming firm's $60m round...

Allsaints Music Group has global music-streaming agreements with mobile phone makers such as Xiaomi, Oppo, and Vivo....

 2021-08-24 12:35 

Tech in Asia

ScaleUp Malaysia teams up with two VC firms for launch of 3rd cohort...

Quest Ventures and Indelible Ventures will invest in up to 13 out of the 20 scale-ups that will join the accelerator program in October....

 2021-08-24 12:02 

Tech in Asia

Tinder co-founder leads Indian social media and gaming firm's latest round...

Earlier this year, Hike shut down its messaging platform, which competed with the likes of WhatsApp....

 2021-08-24 10:37 

Tech in Asia

Vietnamese livestreaming-focused edtech firm bags $1.5m funding...

According to the founder, the live online teaching format used by Marathon offers a better learning experience and higher user engagement....

 2021-08-24 09:30 

Tech in Asia

How China's crypto crackdown could lead to a cleaner bitcoin industry...

We explore how the exodus of bitcoin miners from China could be a boon for clean energy and look at what fresh funding will do for this edtech startup....

 2021-08-24 09:27 

Tech in Asia

Singapore fintech firm raises $19.7m in Insignia-led series A round...

The latest round valued Honest Bank at US$113 million, which is a 4x jump since its previous round....

 2021-08-24 08:48 

Tech in Asia

Indonesian furniture marketplace secures $15m, plans for IPO in 2023...

Dekoruma said that its revenue has tripled over the past 18 months and expects to turn EBITDA positive by the end of 2022....

 2021-08-24 08:39 

Tech in Asia

Tencent, Sequoia-backed Indian fintech startup nets $100m in series C round...

KhataBook also said that it will buy back ESOPs worth US$10 million....

 2021-08-24 08:05 

Tech in Asia

Sequoia, Beenext lead $4m round of Indian spiritual tech startup...

AppsForBharat is developing a range of mobile apps to cater to the spiritual and devotional needs of users....

 2021-08-24 07:47 

Tech in Asia

SOSV unveils 6 startups as part of its 11th consumer tech cohort...

These startups work in areas like cookie-less advertising, credit-risk assessment, insurance marketplaces, recommerce, and SME digitalization....

 2021-08-24 06:59 

Tech in Asia

MDI Ventures' Centauri Fund raises $8.5m from South Korea's sovereign wealth fund...

Centauri Fund said the deal takes it one step closer to becoming the strongest tech investment vehicle backed by Indonesian and South Korean firms....

 2021-08-24 06:56 

Tech in Asia

Wavemaker, Next Billion join Pakistani ecommerce startup's $30m round...

Bazaar has also been beta testing a buy now, pay later offering, whose share of customer spending in the category has grown rapidly....

 2021-08-24 06:30 

Tech in Asia

Former Google, Unilever execs' Indian D2C product sampling startup raises $6m...

With more than 5 million users, Smytten is one of the largest D2C sampling platforms in India....

 2021-08-24 06:00 

Tech in Asia

Editor's letter: Is this crypto token really worth $8b?...

We debated about whether to call a startup a unicorn but ultimately decided against it....

 2021-08-24 05:25 

Tech in Asia

$400m SoftBank-led round pushes African fintech startup into unicorn club...

With this investment, OPay's valuation now stands at US$2 billion....

 2021-08-24 05:08 

Tech in Asia

AirAsia launches ride-hailing services in Malaysia as part of super-app strategy...

The ride-hailing service called AirAsia Ride could pose a challenge to Grab and GoTo's supremacy in Southeast Asia....

 2021-08-24 05:00 

Tech in Asia

Visual: Startup unicorns are becoming decacorns faster than ever before...

The global decacorn club grew 50% in just the first half of 2021, and more are hailing from startup ecosystems outside of the US and China....

 2021-08-24 05:00 

Tech in Asia

[Tech in Asia Conference] Understanding Razer's fintech and greentech ambitions...

Two of Razer's executives outline the company's ambition and strategy in the fields of fintech and greentech at the Tech in Asia Conference 2021....

 2021-08-24 05:00 

Tech in Asia

Vietnamese digital entertainment firm Pops partners with Singapore gaming startup...

The collaboration will give Pops users in Vietnam and Thailand instant access to games provided by Singapore gaming firm Storms....

 2021-08-24 04:22 

Tech in Asia

Japanese B2B manufacturing platform banks $73m in series B money...

Caddi plans to accelerate the digitalization of its platform as it expands globally, especially into Southeast Asia, a TechCrunch report noted....

 2021-08-24 04:00 

Tech in Asia

The rise of cleantech in Southeast Asia...

Along with its rising economy, Southeast Asia's demand for electricity is skyrocketing. Can the current investment climate for cleantech support the surge?...

 2021-08-24 03:23 

Tech in Asia

Singapore's GIC co-leads AI firm MioTech's series B+ round...

The startup, which focuses on environmental, social, and corporate governance data, also recently launched a WeChat app to promote a low-carbon lifestyle....

 2021-08-24 02:00 

Tech in Asia

These are the most active investors in Israel's startups...

Which investors are writing the most checks to Israel-based startups?...

 2021-08-23 14:09 

Tech in Asia

JD.com reports 26% jump in Q2 revenue...

JD.com's operating profits, however, dropped by over 16x to US$46.4 million during the second quarter....

 2021-08-23 12:28 

Tech in Asia

Philippine govt says Axie Infinity players to pay taxes for trading 'pets'...

Trading pet axies online generates thousands of pesos when sold in the Philippines. The government says that these transactions are taxable....

 2021-08-23 11:18 

Tech in Asia

DealShare in talks to raise up to $200m in round that may see it enter unicorn club...

The fresh financing round may push the valuation of the company to between US$1 billion to US$1.2 billion, according to an Entrackr report....

 2021-08-23 09:49 

Tech in Asia

Tencent-backed Chinese comics app enters unicorn club after $240m fundraise...

The fresh funding lifts Kuaikan's valuation to US$1.25 billion, according to a Bloomberg report....

 2021-08-23 09:30 

Tech in Asia

How a dot-com giant is evolving to become the go-to digital platform for jobs...

We explore a dot-com giant's plan to succeed in the recruitment space and the Filipino decentralized guild that's shaking up blockchain gaming....

 2021-08-23 09:00 

Tech in Asia

Tech in Asia Explains: The wacky world of NFTs...

Mintable founder Zach Burks, art writer and researcher Clara Peh, and Hashed partner Ryan Kim weigh in on why NFTs are more than just the hype....

 2021-08-23 08:56 

Tech in Asia

Philippine online store builder raises $555k in 2nd seed round...

Prosperna allows small businesses to set up their own online shops - either standalone platforms or in ecommerce sites such as Lazada and Shopee....

 2021-08-23 07:03 

Tech in Asia

Telkom Indonesia-backed ERP solutions firm aims to raise $3.5m via its IPO...

In 2020, Run System recorded a 4x increase in operating income and profit compared to the previous year....

 2021-08-23 06:45 

Tech in Asia

Ant dispels rumors saying gov't official under probe bought shares during its IPO...

The fintech giant in a statement said that it "strictly followed" regulations and laws during its IPO process, reported Pandaily....

 2021-08-23 06:29 

Tech in Asia

Vedantu in talks to raise $100m to make it India's 5th edtech unicorn...

The potential fundraise would come after Vedantu refuted rumours that it was in talks to be acquired by edtech major Byju's, reported Moneycontrol....

 2021-08-23 06:00 

Tech in Asia

The key players in Indonesia's promising agritech space...

While agriculture plays a major role in the Indonesian economy, it remains an old-fashioned sector. A rising crop of startups can change that....

 2021-08-23 05:53 

Tech in Asia

Revenue-based financing firm pumps $120k into Malaysian green ecommerce firm...

Poptron's latest fund raise follows its previous US$1 million seed round. It now looks to enter the Singaporean market with sustainable products to offer....

 2021-08-23 05:09 

Tech in Asia

Singapore unicorn Nium's payments arm launches five-in-one multicurrency card...

After linking their bank cards with Amaze, users can use the Instarem-powered card to make online and offline purchases without the need for top-ups....

 2021-08-23 05:00 

Tech in Asia

Why China's crypto exodus is a boon for green bitcoin mining...

The migration of crypto miners out of China could very well be a blessing in disguise for the renewable energy industry....

 2021-08-23 04:38 

Tech in Asia

IPO-bound fintech firm Paytm partners with India's largest private bank...

The partnership with HDFC Bank will also help Paytm ramp up its fintech services in the retail segment as the company looks to go public in November....

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