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Ex-Lazada Execs’ Startup Bag Pre-Series B Round to Expand Across Southeast Asia

Ex-Lazada Execs’ Startup Bag Pre-Series B Round to Expand Across Southeast...

Intrepid Group, a Singapore-based ecommerce service provider, announced that it has raised an undisclosed amount in a pre-series B funding round led by Thakral...
Egypt’s Ordera Raises Six-Figure Seed for Its Order-Ahead Food And Coffee App

Egypt’s Ordera Raises Six-Figure Seed for Its Order-Ahead Food And Coffee...

Cairo-based food ordering startup Ordera has raised six-figure (USD) investment in a seed funding round, it announced in a statement today, without disclosing the...
Chinese Huawei Launches Its Accelerator Program for Deep Tech Startups

Chinese Huawei Launches Its Accelerator Program for Deep Tech Startups

China’s tech giant Huawei today launched its Spark accelerator program in Singapore. It aims to incubate and accelerate deep tech startup growth in the...
Indian Paytm Payments Bank Approaches RBI for In-Principle Approval to Become Small Finance Bank

Indian Paytm Payments Bank Approaches RBI for In-Principle Approval to Become...

Paytm Payments Bank has reportedly approached the Reserve Bank of India (RBI), seeking in-principle approval for becoming a small finance bank (SFB), which will...
India’s EV Battery Startup Grinntech Raises M from HNIs

India’s EV Battery Startup Grinntech Raises $2M from HNIs

Grinntech, a startup specialising in lithium-ion batteries for electric vehicles (EVs) and energy storage systems, on Thursday announced it has closed a round of...
India Edtech Startup Univ.AI Raises Investment from Biocon Founder Kiran Mazumdar-Shaw

India Edtech Startup Univ.AI Raises Investment from Biocon Founder Kiran Mazumdar-Shaw

Univ.AI, the Bengaluru-based edtech startup with a focus on teaching artificial intelligence and data science online, has raised an undisclosed amount of funding from...
Indonesian SaaS Startup Sirclo Bags USD 6 Million from Big-Name Investors

Indonesian SaaS Startup Sirclo Bags USD 6 Million from Big-Name Investors

The Indonesian e-commerce enabler Sirclo has secured USD 6 million in Series B funding, the company announced on Friday. Among the investors participating in...
Vietnam’s Galaxy Media Acquires Local Edtech Startup Hocmai

Vietnam’s Galaxy Media Acquires Local Edtech Startup Hocmai

Vietnamese media group Galaxy Media and Entertainment announced on Thursday that it has acquired a majority stake in local edtech startup Hocmai for an...
Chinese Alibaba-Backed AISpeech Closes Pre-IPO Round

Chinese Alibaba-Backed AISpeech Closes Pre-IPO Round

Voice interaction startup AISpeech has closed a pre-IPO round, bagging “several hundreds of millions of RMB” from investors including real estate developer Zhuhai Da...
China’s TikTok CEO Kevin Mayer Quits after Less Than Three Months

China’s TikTok CEO Kevin Mayer Quits after Less Than Three Months

TikTok Chief Executive Officer Kevin Mayer has left the company, less than three months after he joined the hit short video app, and U.S....
Indonesian Communication Ministry Introduces Startup Studio Indonesia

Indonesian Communication Ministry Introduces Startup Studio Indonesia

As a way to accelerate digital transformation, the Ministry of Communication and Information of Indonesia (Kemenkominfo) will host Startup Studio Indonesia, an intensive programme...
China’s Alibaba Suspends Its India Investment Plan Amidst Increased Scrutiny

China’s Alibaba Suspends Its India Investment Plan Amidst Increased Scrutiny

China’s Alibaba Group will reportedly go slow on its plan to invest in Indian companies and not sign any fresh deals in the wake...