AsiaConnect Team

17Live’s Milestone Debut Marks Singapore’s Inaugural Completed SPAC Deal

In a historic move, Singapore witnessed its first completed Special Purpose Acquisition Company (SPAC) deal as 17Live, a leading live-streaming…

Digital Paani gets $1.2m to expand wastewater treatment platform

Digital Paani, a pioneering player in the wastewater treatment sector, has successfully secured $1.2 million in funding to accelerate the…

Insular Life (InLife) Sells 40% Stake in Joint Venture with Oona: A Strategic Move in the Philippine Insurance Landscape

Insular Life Assurance Company, commonly known as InLife, has recently made a significant strategic decision by selling a 40% stake…

Rakuten Group Plans $475 Million Sale of Bank Shares to Mitigate Losses

Rakuten Group, a leading Japanese e-commerce and financial services company, has unveiled a strategic move to sell approximately $475 million…

Fantuan Secures $40 Million in Funding to Bring Authentic Asian Cuisine to Your Doorstep in Vancouver

Vancouver-based food delivery platform Fantuan has successfully raised $40 million in a recent funding round, signaling its ambition to further…

Gravel gets funding from NEA to support Indonesia’s booming construction industry

Gravel, a construction technology startup based in Indonesia, has successfully secured funding from NEA (New Enterprise Associates) to bolster the…

Igloo Secures $36 Million in Funding, Sets Sights on Achieving Profitability by 2024

In a significant development for the proptech sector, Igloo, a leading player in the space, has successfully raised $36 million…

Tata Technologies Achieves Remarkable 180% Soar in IPO Debut

In a stunning debut on the stock market, Tata Technologies, a global engineering and product development company, witnessed an extraordinary…

Ant Financial Quadruples Profit with Strategic Sale of Zomato Stake

In a strategic move that has sent ripples through the financial landscape, Ant Financial, the financial technology arm of Alibaba…

SenseTime Explores Individual Fundraising for AI Units in Strategic Move

In a groundbreaking strategic move, SenseTime, a global artificial intelligence (AI) technology company, is considering individual fundraising initiatives for its…