Asia Pacific
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Zilingo’s Co-founder trying to settle company’s $40 M debt
According to the Financial Express, Ankiti Bose, Zilingo’s recently suspended co-founder and CEO, is trying to pay off the business’s…
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Pre-series A funding secured by Indonesian edtech platform Binar Academy
Binar Academy, an edtech platform for cultivating digital talent headquartered in Indonesia, has secured an undisclosed sum in a pre-series…
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Canva backers provide $3.5 M to an Australian identity app Blinq
Blinq, an Australian personal identification business, has received initial investment from Blackbird and Square Peg Capital worth A$5 million (about…
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AliExpress Russia laid off 40% of its workforce
According to media sources, AliExpress Russia, Alibaba’s e-commerce joint venture with three Russian companies, has eliminated 40% of its personnel.…
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Indonesian SaaS firm Mekari raised $50 M in series E funding round
Mekari, an Indonesian software-as-a-service platform, has secured $50 million in a series E investment round headed by Money Forward and…
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Stake in Indonesian digibank acquired by Investree
Amar Bank, an Indonesian commercial and digital bank backed by Singapore-based conglomerate Tolaram has purchased an 18.4 percent minority position…
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VC firm in Singapore raised $34 M to invest in alternative proteins
Good Startup, a Singapore-based venture capital firm specializing in the alternative protein business, has closed its multi-stage fund with around…
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Sequoia Capital invested $65 M in an Indonesian insurtech firm
Qoala, an Indonesian insurtech firm, has secured $65 million in a Series B investment headed by French investor Eurazeo and…
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Volopay to invest $25 M in SEA and India development
According to sources, Volopay, a Singapore-based fintech firm, would spend US $25 million to accelerate its development into India, Indonesia,…
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Animoca Brands co-leads $11 M funding round for HK content firm Gusto Collective
Gusto Collective, a content creation service for clients located in Hong Kong, has secured $11 million in a seed round…
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