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…
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…
Investors chase wealth tech startups in India as affluent class grows
In a dynamic landscape where India’s affluent class is expanding, investors are increasingly focusing their attention on wealth tech startups…
Temasek’s Financial Resilience: FY 2024 Returns and Long-term Stability
Temasek Holdings, the Singapore-based investment company, has demonstrated robust financial performance in the fiscal year 2024, marking a return to…