AsiaConnect Team

WazirX halts withdrawals after losing $230 million, nearly half its reserves

WazirX, a prominent cryptocurrency exchange based in India, has recently made headlines due to its decision to halt withdrawals after…

Korean Prosecutors Seek Arrest Warrant for Kakao Founder Over Stock Manipulation Allegations

In a significant development impacting South Korea’s tech industry, prosecutors have filed for an arrest warrant against Kim Beom-su, the…

Tracking Startup Closures in Southeast Asia: Understanding the Trends

Southeast Asia has emerged as a vibrant hub for startups, attracting entrepreneurs, investors, and innovation. However, despite this burgeoning ecosystem,…

Ultrahuman’s Smart Ring Achieves FDA Approval for AFib Detection

In a significant advancement for health technology, Ultrahuman has received FDA approval for its smart ring, designed to detect atrial…

Lhoopa Raises $80M to Spur More Affordable Housing in the Philippines

Lhoopa, a promising startup focused on addressing the affordable housing crisis in the Philippines, has secured a significant $80 million…

Revolutionizing Indian Businesses: The Imran Shaikh Story with Profound Consulting

Imran Shaikh is a distinguished business management consultant and the founder of Profound Consulting, based in Pune. His career spans…

Ilara Hotels and Spa: A Journey of Passion and Innovation in the Hospitality Industry

Ilara Hotels and Spa, under the visionary leadership of Founder and Chairman Bivan Choudhury , has become a beacon of…

ADI is the Future”: Mindverse’s Kisson Lin on AI Personalization

In an era where artificial intelligence (AI) is rapidly transforming industries, Kisson Lin, the co-founder of Mindverse, underscores the significance…

Uzbekistan mobile bank TBC raises $38.2M to expand its financial products

TBC Mobile Bank, a leading financial institution in Uzbekistan, has successfully raised $38.2 million in a recent funding round aimed…

Temasek-Backed Partior Raises Over $60M in Series B Funding

Partior, a pioneering fintech platform focused on transforming the way financial institutions conduct transactions, has successfully secured over $60 million…