Asia Pacific
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South Asia Tech, others led $1.5 M raised by transportation startup Shuttle
Shuttle, a Bangladesh-based transportation business, has secured US $1.5 million in a fresh fundraising round that was spearheaded by South…
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Alipay-backed Chope laid-off 65 employees
According to sources, Chope, a Singapore-based restaurant management firm, let go of 65 workers in total last week, including 27…
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Indonesia’s Tokocrypto officially acquired by Binance
Tokocrypto, an Indonesia-based cryptocurrency exchange, has been bought by Binance. According to a Coindesk Indonesia story, the international cryptocurrency company…
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Social commerce startup Bakool secured seed funding from multiple investors
The social commerce start-up Bakool, located in Indonesia, reported that it has received “several million” dollars in initial investment from…
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Series C first funding secured by SG fintech firm Validus
The first tranche of Validus’ series C-1 round saw an unknown amount raised, according to the FinTech company’s website. NongHyup…
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Altara Ventures led $8 M Series A funding raised by Hyperlounge
A series A round headed by Altara Ventures garnered $8 million for the South Korean data research platform Hyperlounge. Participants…
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8% employees laid-off by Sequoia-backed logistics firm Shipper
65 people, or around 8% of the workforce, were let go by the Indonesian logistics company Shipper due to “uncertainties…
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Korean edtech firm Mathpresso raised $70 M Series C funding
The largest education management company in the nation, YBM, and Signite Partners, the corporate venture capital division of regional conglomerate…
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B2B food platform Oda received $1 M in Touchstone-led Seed round
A venture fundraising round headed by Touchstone Partners has secured US $1 million for Oda, a B2B platform for ordering…
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Ant-backed Akulaku in discussion for $200 M raise from MUFJ: Reports
According to a Bloomberg story that quoted sources, Ant-backed Akulaku may accept a US $200 million financing from Japan-based Mitsubishi…
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