Technology

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• Source limited to: Tech in Asia

 2021-04-21 03:00 

Tech in Asia

Lazada, ComfortDelGro tie up to offer taxi booking within shopping app...

The feature, called CDG Taxi, was available on the Lazada app in Singapore as soon as April 8 this year....

 2021-04-21 02:42 

Tech in Asia

Tencent-backed Meituan to raise $10b to enter groceries, ride-hailing...

The company will raise roughly US$7 billion in equity and US$3 billion through convertible bonds sales....

 2021-04-21 02:05 

Tech in Asia

Philippines-based Uploan bags $15m debt facility for providing employee loans...

Uploan plans to partner with more corporate employers so it can channel the capital to more employees....

 2021-04-21 02:00 

Tech in Asia

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

Which investors are most active in Japan? Using Tech in Asia's data, we've generated this constantly updated list of investors that have invested in Japan-based startups in the past two years. We're arranging firms by the number of deals they&...

 2021-04-20 22:00 

Tech in Asia

Audible investor leads $18.5m round in Israeli financial planning startup...

DataRails says its annual recurring revenue increased by 5x in 2020....

 2021-04-20 13:18 

Tech in Asia

Report: Sequoia-backed MPL acquires Indian esports platform GamingMonk...

The entire GamingMonk team will be absorbed into MPL as part of the deal....

 2021-04-20 11:26 

Tech in Asia

SaaS startup Chargebee enters unicorn club with $125m round...

The round comes as the company claims to have tripled its valuation in less than six months to US$1.4 billion....

 2021-04-20 11:16 

Tech in Asia

Vertex-backed AI fintech firm TurnKey Lender secures new round of funding...

The company claims it tripled its annual recurring revenue year over year....

 2021-04-20 10:12 

Tech in Asia

Tesla refuses to accept demand of protesting customer at Shanghai Auto Show...

The customer protested at the automobile show by climbing on top of a Model 3 car, wearing a shirt that read "breaks failed."...

 2021-04-20 09:30 

Tech in Asia

How Fave's $45m acquisition is getting split...

We explore what Fave's exit means for its investors and employees and look at the secret ingredient behind Grab's record-breaking SPAC move...

 2021-04-20 08:06 

Tech in Asia

Morgan Stanley-backed Indian telecom startup acquires Ubico in $13.4m deal...

IBus has acquired a 100% stake in Ubico, its in-building and in-campus neutral-host infrastructure business, as well all related assets....

 2021-04-20 07:31 

Tech in Asia

Ex-Gojek execs' edtech startup nets seed money from women-focused VC firm, others...

Binar Academy plans to use the fresh funds to develop its technology education offerings and to hire content creation experts....

 2021-04-20 05:04 

Tech in Asia

Eat Just, Foodpanda partner for home delivery of cultured meat in Singapore...

The two companies plan to announce collaborations with additional restaurants in Singapore within the coming months....

 2021-04-20 05:00 

Tech in Asia

Grab's $40b listing via SPAC merger...

Get the lowdown on the world's biggest blank-check merger to date....

 2021-04-20 05:00 

Tech in Asia

Breaking down Grab's $40b valuation...

Get the lowdown on the world's biggest blank-check merger to date....

 2021-04-20 03:51 

Tech in Asia

Sequoia-backed edtech startup CoLearn secures $10m in series A round...

The company said it will invest the fresh funds in product and technology development, hiring, and marketing....

 2021-04-20 03:00 

Tech in Asia

Music-learning app Mussila used this pitch deck to raise $510k in a crowdfunding campaign...

The learning platform teaches children how to recognize instruments and rhythms through gamified lessons on its application....

 2021-04-20 02:32 

Tech in Asia

What Grab won't tell you in its investor presentation...

We noticed an omission or two in Grab's slides....

 2021-04-20 02:27 

Tech in Asia

ESOP management platform Qapita banks $5m in MassMutual-led round...

It plans to onboard new engineering talent, invest in product development, and acquire new clients in India, Indonesia, and Singapore....

 2021-04-20 02:00 

Tech in Asia

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

Which investors are writing the most cheques to India-based startups?...

 2021-04-20 00:30 

Tech in Asia

Ruangguru's outsourced workers allegedly paid below minimum wage...

Even as Ruangguru raised huge amounts of money, it may have overlooked the welfare of its contract workers....

 2021-04-20 00:00 

Tech in Asia

Singapore fintech firm banks $3.7m to help financial institutions go green...

It is looking to have a network of more than 30 financial institutions by the end of 2021 and is also aiming to double its revenues this year....

 2021-04-19 21:00 

Tech in Asia

Startup accelerator Big Idea Ventures launches its third cohort for foodtech firms...

The accelerator is focused on alternative proteins and solutions to challenges in waste, water use, plastic use and carbon dioxide emission....

 2021-04-19 16:01 

Tech in Asia

Execs from Google, Twitter join tech investment group XA Network's advisory board...

XA Network said the appointments signal its efforts to further its growth and reach in Southeast Asia's digital economy....

 2021-04-19 12:51 

Tech in Asia

Report: Meituan to raise $10b via sale of shares, convertible bonds...

The Chinese food delivery major will use the money to research and develop autonomous-delivery vehicles, drone delivery, and other technology....

 2021-04-19 11:47 

Tech in Asia

Report: Singapore spacetech startup lands deal with Elon Musk's SpaceX...

Infinite Orbits' technology can be installed on satellites to automate navigation....

 2021-04-19 10:39 

Tech in Asia

Chinese travel platform Trip.com raises $1.1b via listing on Hong Kong exchange...

The company will use the proceeds to expand its travel services and invest in technology, among others....

 2021-04-19 10:01 

Tech in Asia

The founders who hail from Grab and Gojek...

We unravel the web of founders who hail from Grab and Gojek, and look at what fresh funding could do for this wireless access startup....

 2021-04-19 09:16 

Tech in Asia

Report: Gojek co-CEO Andre Soelistyo to head merger with Tokpedia...

Gojek's shareholders will have a 58% stake in Goto - the merged entity of Gojek and Tokopedia - while Tokopedia's owners will take the rest....

 2021-04-19 07:25 

Tech in Asia

Report: Ant Group mulls ways for Jack Ma's exit...

Officials from the People's Bank of China and financial regulators reportedly held talks with Ma and the fintech giant, discussing the possible exit....

 2021-04-19 06:00 

Tech in Asia

Fave's investors are getting all their money back, says CEO...

The recent Fave buyout by Pine Labs created speculation on whether investors got a good deal and whether it was a distress sale. We find out more....

 2021-04-19 04:51 

Tech in Asia

Sequoia, GIC co-lead $160m round in Indian fintech firm Razorpay for SEA launch...

In a bid to further fuel Razorpay's growth plans, the company is hiring over 600 employees....

 2021-04-19 04:13 

Tech in Asia

Indonesian edtech firm Ruangguru nets $55m after claiming profitability for 2020...

Ruangguru said it has driven significant growth in user volume and revenue throughout 2020, its first financial year of profitability....

 2021-04-19 04:00 

Tech in Asia

How Tokopedia democratizes logistics for Indonesian businesses...

By handling the logistics and fulfillment aspects of ecommerce, Tokopedia enables its sellers to focus on growth....

 2021-04-19 02:48 

Tech in Asia

SOSV-backed insurtech startup Ignatica banks $7m in pre-series A money...

It plans to scale its growth across Southeast Asia, China, Japan, and into Europe and North America....

 2021-04-19 02:00 

Tech in Asia

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

Which investors are writing the most cheques to China-based startups?...

 2021-04-17 09:30 

Tech in Asia

News of a merger, an acquisition, and an exit walked into a bar......

Memic Innovative Surgery, Abogen Biosciences, iBus Networks, and more startups also raised funds this week....

 2021-04-17 02:00 

Tech in Asia

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

Which investors are writing the most cheques to Singapore-based startups?...

 2021-04-16 11:08 

Tech in Asia

Luckin Coffee bags $250m for the first time after accounting fraud scandal...

Funds raisedwill be used for the company's proposed offshore restructuring plan, and to pay the US$180 million settlement with the US SEC....

 2021-04-16 10:39 

Tech in Asia

How Southeast Asian startups use ESOPs to their advantage...

Implementing ESOPs is not as easy as it seems for early-stage startup founders in SEA. Here's the workshop for you....

 2021-04-16 09:30 

Tech in Asia

What we learned from Grab's latest financials...

We finally get a look at Grab's closely guarded financials and explore how this startup is helping smaller game developers take on the giants....

 2021-04-16 08:44 

Tech in Asia

Report: Grab eyes secondary listing in Singapore after US debut...

Grab may raise only a small amount on SGX as it has adequate cash reserves....

 2021-04-16 08:07 

Tech in Asia

Report: ByteDance aims to grow ecommerce biz by over 3x in 2021...

The tech titan is also looking to grow its advertising sales in China by 42% this year....

 2021-04-16 08:00 

Tech in Asia

Digitalization or bust: The key decision facing Indonesia's SMEs...

Only 13% of the archipelago's SMEs have digitalized their operations....

 2021-04-16 07:42 

Tech in Asia

SPACs, M&As, and Asia's talent future...

Amid a global pandemic, what does the future hold for the M&A landscape in APAC? Will SPACs influence exit outcomes?...

 2021-04-16 07:12 

Tech in Asia

Driverless truck developer TuSimple debuts on Nasdaq...

The Chinese startup raised US$1.1 billion at a market capitalization of US$8.5 billion and ended the trading day unchanged....

 2021-04-16 06:00 

Tech in Asia

How 3 very different innovators are simplifying their customers' lives...

Finding quick but lasting fixes to problems was vital to each company's success....

 2021-04-16 04:37 

Tech in Asia

The superpower behind Grab's super app?...

While Grab is best known for its consumer app, its secret sauce may be its network of thousands of drivers and merchants....

 2021-04-16 04:30 

Tech in Asia

Deep Dive: How PatSnap joined the unicorn club...

The Singapore-based innovation intelligence startup has been raking in funding from big-name VCs, but it wasn't always this easy to attract investment....

 2021-04-16 04:26 

Tech in Asia

Malaysia's 1337 Ventures teams up with insurer FWD to launch accelerator...

Called Alpha Startups, the program aims to incubate and accelerate fintech and insurtech startups through investment, mentorship, and connections....

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