AsiaConnect Team

Japan’s SmartHR Raises $140M Series E as Strong Demand for HR Tech Boosts its ARR to $100M

SmartHR, a prominent player in the Japanese HR technology sector, has successfully raised $140 million in its Series E funding…

Investing GIC Funds ‘Not the Solution’ to Boost SG Equity Market: Minister’s Perspective

Singapore’s equity market has been a topic of discussion regarding strategies to stimulate growth and attract investments. Recently, concerns have…

SG Loyalty Platform Raises $2.6 Million in Seed Funding to Offer Users Free Vacations

A groundbreaking startup, SG Loyalty Platform, has recently secured $2.6 million in seed funding, aiming to revolutionize the way consumers…

Ninja Van’s Second Round of Layoffs: Impact on Tech Roles

Ninja Van, a prominent logistics and delivery service provider in Southeast Asia, has recently announced a second round of layoffs…

Figma launches redesigned platform, AI-powered features

Figma, a pioneer in collaborative interface design software, has recently unveiled its redesigned platform enriched with AI-powered features, marking a…

GXS Bank Receives S$229.5 Million Capital Injection from Backers Singtel and Grab

In a significant development for Singapore’s financial sector, GXS Bank has secured a substantial capital injection amounting to S$229.5 million.…

Malaysian Interior Design Marketplace Homa2u Secures $1.5M in Pre-Series

Homa2u, a Malaysian interior design marketplace, has successfully raised $1.5 million in a pre-Series A funding round. This milestone underscores…

Philippe Auberger Brings Executive Expertise to SiCepat as COO

SiCepat, one of Indonesia’s fastest-growing logistics companies, has appointed Philippe Auberger as its Chief Operating Officer (COO). Auberger, former Lazada…

Carro Secures $55 Million Loan from HSBC’s $1 Billion ASEAN Growth Fund

Carro, a prominent Southeast Asian automotive marketplace, has successfully secured a substantial $55 million loan from HSBC’s ASEAN Growth Fund,…

Lightspeed Leads $10M Investment Round in South Korean Fintech Startup Travel Wallet

Travel Wallet, a pioneering fintech startup based in South Korea, has secured a significant milestone with a $10 million investment…