Asia Pacific
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$6.5 M Series A funding raised by Tiger Global-backed Monnai
Monnai, a US-based company that offers an infrastructure for consumer insights to financial institutions and FinTech companies, has raised $6.5…
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To simplify operations, GoTo to lay-off 600 employees
According to internal notifications examined by a reputable media outlet, GoTo Group will implement another wave of layoffs that will…
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E-commerce giant Shopee laid-off 200 employees in Indonesia
According to media sources, the world’s largest online retailer Shopee has let go of 200 workers in Indonesia, largely from…
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Software giant Atlassian laid-off 5% of its total employees
Atlassian, an Australian company that makes software for office collaboration, let go of 500 employees or 5% of its total…
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Grab pre-paid $600 M of debt due in 2026
According to Bloomberg, Grab has returned US $600 million in debt that was due to maturity in 2026. The purchase…
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Fintech startup Fazz terminated undisclosed number of employees
Fazz, an Indonesian FinTech startup, acknowledged that it had terminated some employees on March 1. The corporation did not specify…
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Shares worth $100 M to be sold by Akulaku’s shareholders at up to 30% discount
According to VentureCap Insights data, preferred owners of Akulaku, the leading FinTech company in Indonesia, are seeking to sell US…
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Staffing platform Weploy raised $5 M from Skymind Global Ventures
Staffing platform Weploy, located in Australia, has received $5 million in financing from Skymind Global Ventures to support its operations…
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Real estate firm Thakral invested $750k in Climate Alpha
An AI-powered analytics platform called Climate Alpha has received a US $750,000 investment from Thakral Corporation, a Singapore-based real estate…
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$650k Climate Impact Innovations Challenge (CIIC) launched by East Ventures, Temasek
East Ventures and Temasek Foundation have introduced the Climate Impact Innovations Challenge (CIIC) in Indonesia. The competition gives startups and…
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