Asia Pacific
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Unknown Series A funding received by mental health medicine provider Ooca
The largest private healthcare organization in the nation, Bangkok Dusit Medical Services (BDMS), has received an unknown series A round…
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Alibaba backed e-commerce Daraz laid off 11% employees
According to a memo sent to staff members yesterday by CEO Bjarke Mikkelsen, Daraz, a Pakistani e-commerce company sponsored by…
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Renowned VN tech alumni’s farming startup Koina raised US $1 M
Koina’s co-founder and COO, Khoa Luu, calls the local agricultural supply chain in Vietnam “forgotten”. Luu founded Koina in 2021…
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$18.7 M Series A funding secured by EV maker Ion Mobility
TVS Motor Company has joined Ion Mobility, a Singapore-based manufacturer of electric vehicles, as a strategic investor after the company…
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$30 M debt financing secured by B2B e-commerce platform ShopUp
A debt financing of $30 million has been obtained for ShopUp, a B2B e-commerce platform located in Bangladesh. Lendable, a…
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Beat marketplace Airbit acquired by music firm BandLab
Airbit, a beat marketplace with its headquarters in the US, has been purchased by BandLab, a Singapore-based music company. The…
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VC firm Foxmont Capital Partners raised $21.3 M for its second fund
A Philippines-based venture capital firm called Foxmont Capital Partners has raised $21.3 million for its second fund. With respect to…
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Indonesia received $100 M fund from MUFG
Through its subsidiaries MUFG Innovation Partners Co. (MUIP) and MUFG Bank, Mitsubishi UFJ Financial Group (MUFG) has partnered with Indonesia-based…
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PayPal to eliminate 2,000 employees globally
The president and CEO of payment giant PayPal, Dan Schulman, said in a message to staff that the company will…
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5% of its total employees laid-off by GIC backed Chainanalysis
According to reports, a corporate representative confirmed that Chainalysis, a US-based blockchain analysis startup, had laid off approximately 5% of…
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