AsiaConnect Team

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…

Impact and Implications of Tokopedia and ByteDance Layoffs in Indonesia

In recent news, both Tokopedia and ByteDance have confirmed their plans for layoffs in Indonesia. These decisions have sparked discussions…

Transforming Transport: The Entrepreneurial Journey of Biswajit Baruah and Hive

Biswajit Baruah, the Founder and CEO of Hive Sustainable Solutions, has translated his childhood fascination with buses into a pioneering…

Paper.id Secures Series B Funding Amidst Rapid Growth in Transactions

Paper.id, an innovative invoicing platform based in Indonesia, has successfully raised Series B funding in a testament to its burgeoning…

Anchanto’s Growth Trajectory: A 39% Revenue Increase in 2023 and Profit Goals by 2026

Anchanto, the Singapore-based ecommerce Software as a Service (SaaS) firm, has reported significant growth milestones for the year 2023, marking…

BayaniPay Extends Series A to $9.6M with Wavemaker-Backed Round: Pioneering Philippine Remittance Solutions

In a bold move signaling confidence in the burgeoning fintech landscape of the Philippines, BayaniPay has secured an additional $9.6…

Singapore to trial battery swapping, mobile charging for electric heavy goods vehicles

In a groundbreaking move towards sustainable transportation solutions, Singapore is set to trial battery swapping and mobile charging for electric…

Apple’s WWDC Unveiling: New AI Tools Signal Future Innovation Amidst Stock Dip

In its annual Worldwide Developers Conference (WWDC), tech giant Apple made waves yet again with the announcement of groundbreaking AI…

Thailand’s Strategic Bridge: Strengthening Local Startups through Berlin Alliance

In a bid to bolster its startup ecosystem and expand global reach, Thailand has forged a strategic alliance with Berlin,…