Latest News

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…

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…

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…