Asia Pacific

Ila Dhond03/04/2023
287

Fresh Factory secured over $4 M Pre-series A funding from SBI Ven Capital

A high-potential but untapped market in Indonesia is cold chain logistics. This is partially attributable to the industry’s higher setup…
Read More »
Ila Dhond02/04/2023
272

SoftBank-backed wealthtech platform Endowus terminated 10% employees

Endowus, a SoftBank-backed wealthtech platform based in Singapore, has reduced its workforce by less than 10% as a result of…
Read More »
Ila Dhond02/04/2023
292

Shox Rumahan terminated all employees, ceased operations: Report

An internal email and letter obtained by a media house from the social commerce startup Shox Rumahan state that as…
Read More »
Ila Dhond30/03/2023
240

$1.5 M raised by Baskit to fix Indonesia’s supply-chain issues

Traditional supply networks in Indonesia are plagued by problems. Wholesalers and distributors frequently deal with issues including product expiry losses…
Read More »
Ila Dhond28/03/2023
307

Insurtech firm Qoala raised $7.5 M in Series B extension round

The European firm responsAbility Ventures sponsored a series B extension round in which the Indonesian insurtech company Qoala raised US…
Read More »
Ila Dhond28/03/2023
402

$188 M funding received by Anext Bank from Ant Group

Anext Bank, the Singapore-based digibank that Ant Group launched in June of last year, has received an additional US $188…
Read More »
Ila Dhond25/03/2023
236

Indeed laid-off total 2200 employees from all departments

According to its CEO Chris Hyams, the US-based company Indeed, a division of Japan’s Recruit, has slashed almost 2,200 jobs…
Read More »
Ila Dhond23/03/2023
239

Mental health startup ThoughtFull raised Temasek led $4 M Pre-series A funding

Singapore-based ThoughtFull, a provider of mental health services, has secured US $4 million in a pre-series A financing headed by…
Read More »
Ila Dhond23/03/2023
271

30N Ventures launched $50 M fund to promote businesses

A $50 million fund has been established by Chile-based 30N Ventures to promote businesses in Latin America, Southeast Asia, and…
Read More »
Ila Dhond21/03/2023
269

Ant Group, others backed Proxtera raise Seed funding for global MSME ecosystem

Ant Group, CerraCap Ventures, and EDBI contributed to Proxtera’s closing of its seed round of fundraising. Proxtera, a company established…
Read More »