Asia Pacific
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$3 M raised by Sydney-based carbon management startup Avarni
In a Series A investment round headed by Main Sequence and including current backers Vulpes Ventures and Common Sense Ventures,…
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Career platform Glints laid-off 198 employees
According to the co-founder of the Singapore-based careers site Glints, Oswald Yeo, layoffs are being made “depending on market conditions…
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$25 M Series B funding secured by AI powered firm Osome
AFG Partners, Winter Capital, and Illuminate Financial are among the investors who contributed to the $25 million round B fundraising…
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Crypto firm Amber Group laid-off employees in heavy numbers
Although the exact number of people affected is unknown, the Singapore-based Amber Group is said to have let go “hundreds”…
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Logistics startup Logol acquired by Temasek-backed Haulio
A controlling stake in the Indonesian logistics startup Logol was acquired by Singapore-based Haulio as its first foreign acquisition. Haulio,…
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Gaming firm Pixelynx acquired by blockchain firm Animoca Brands
A majority investment in Pixelynx, a music, and gaming company located in Los Angeles, has been bought by Hong Kong-based…
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$9 M Pre-series A funding raised by earned-wage access firm Paywatch
Earned-wage access company Paywatch, located in Malaysia, said that Third Prime led a pre-series A round in which it raised…
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Carousell to lay-off 110 employees
As the company strives for profitability, Quek Siu Rui, the CEO, and co-founder of Carousell, announced that 110 employees, or…
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Jeet11 ceased operations, firm laid-off 5% employees
The fantasy games platform Jeet11 has stopped operating, according to Mohalla Tech, the parent company of the social media unicorn…
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B2B fintech firm TendoPay to be acquired by neobank Tonik
TendoPay, a subsidiary of Tendo Payment Solutions in the Philippines, will be purchased by Tonik, a neobank with Singaporean roots.…
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