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CapBay And Kenanga to Form Malaysia’s First Islamic Supply Chain Finance Fintech

CapBay And Kenanga to Form Malaysia’s First Islamic Supply Chain Finance...

With its acquisition of a 49% stake in Kenanga Capital Islamic Sdn Bhd (KCI), Malaysian fintech startup CapBay is forming a joint venture with...
Vietnam Grants 5G Commercial Test Licenses to Viettel, Mobifone

Vietnam Grants 5G Commercial Test Licenses to Viettel, Mobifone

Vietnamese telecom giants Viettel and Mobifone received trial licenses to “commercially test” 5G in Ho Chi Minh City and Hanoi, the country’s two largest...
Indonesian iSeller Secures Series A from Mandiri, Openspace to Expand Its Omni-Channel Sales SaaS Platform

Indonesian iSeller Secures Series A from Mandiri, Openspace to Expand Its...

iSeller, an Indonesian omni-channel sales SaaS platform, has secured an undisclosed sum in Series A round of financing, co-led by Mandiri Capital, the VC...
HK-Based Statrys Bags m in Angel Round

HK-Based Statrys Bags $5m in Angel Round

Hong Kong-based fintech startup Statrys garnered $5 million in its angel round from an undisclosed investor. The corpus raised will be used for product and...
Chinese iDS BUYBUYBUY Raised US Million in Its Series B+ Financing to Continue Its Renovation And Integration in The Beauty And Healthcare Industry

Chinese iDS BUYBUYBUY Raised US$40 Million in Its Series B+ Financing...

iDS BUYBUYBUY, an E-commerce startup in the beauty and healthcare industry that offers global professional beauty brands to Chinese generation Z shoppers, has raised...
Egypt’s Illa Raises 0,000 Seed to Offer Full-Stack Delivery Solutions to FMCG Companies

Egypt’s Illa Raises $500,000 Seed to Offer Full-Stack Delivery Solutions to...

Cairo-based logistics startup Illa (ILLA) has raised $500,000 in a seed round from Averroes Venture Capital, AUC Angels, and some local and regional angel...
India: Walmart-Owned Flipkart Acquires Mobile Gaming Platform Mech Mocha

India: Walmart-Owned Flipkart Acquires Mobile Gaming Platform Mech Mocha

Walmart-owned Flipkart has acquired mobile gaming startup Mech Mocha’s intellectual property assets for an undisclosed amount in an effort to scale up its gaming...
Indian Beauty Consumers Are Highly Influenced by Digital, Says Report

Indian Beauty Consumers Are Highly Influenced by Digital, Says Report

From watching make-up video tutorials to buying beauty products online, a majority of Indian beauty consumers are heavily relying on digital and social media...
SociaBuzz Raises Funding from UMG Idealab to Connect Businesses in Indonesia with Creators, Talents

SociaBuzz Raises Funding from UMG Idealab to Connect Businesses in Indonesia...

UMG Idealab, the Indonesia-based venture arm of UMG Group Myanmar, has invested an undisclosed amount in SociaBuzz, an online marketplace that connects businesses/individual customers...
Report: Despite Pandemic, Indonesian Startups Raised US.9B in Funding by Q3 2020

Report: Despite Pandemic, Indonesian Startups Raised US$1.9B in Funding by Q3...

The Indonesian venture capital (VC) firm association (Amvesindo) announced in a virtual event today that Indonesian startups had secured US$1.9 billion in funding through...
Microsoft Invests in Indonesian E-Commerce Unicorn Bukalapak

Microsoft Invests in Indonesian E-Commerce Unicorn Bukalapak

US tech giant Microsoft on Tuesday announced that it entered into a strategic partnership with Indonesian e-commerce unicorn Bukalapak “to reshape how e-commerce is...
Shanghai Exchange Suspends Ant Group’s A-Share IPO on STAR Market

Shanghai Exchange Suspends Ant Group’s A-Share IPO on STAR Market

The Shanghai stock exchange has suspended Ant Group’s A-share IPO on its STAR Market, which was initially set for Thursday, the Chinese exchange said...