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
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...
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 $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$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 $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
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
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...
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$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
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
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...