Singapore’s Shopee Sets New Record with 200 Million Items Sold on Singles’ Day

Singapore’s Shopee Sets New Record with 200 Million Items Sold on...

Shopee has set a new record on this year’s 11/11 shopping festival with 200 million items sold, the firm announced on Thursday. It is...
Indian Reliance Industries to Invest Up to m in Breakthrough Energy Ventures

Indian Reliance Industries to Invest Up to $50m in Breakthrough Energy...

Reliance Industries Ltd will invest up to $50 million in Breakthrough Energy Ventures IILP, the company said in a regulatory filing today. Investment will be...
Venture Catalysts Leads M Pre-Series A Round in Indian Conversational AI Startup Klovechef

Venture Catalysts Leads $1M Pre-Series A Round in Indian Conversational AI...

Mumbai-based startup incubator and accelerator Venture Catalysts has led a $1 million Pre-Series A funding in Klovechef, a platform that leverages cutting-edge conversational AI-based...
Indian Clientjoy Raised USD 800k Pre-Series A from GVFL

Indian Clientjoy Raised USD 800k Pre-Series A from GVFL

Clientjoy have raised USD 800K Pre-Series A round from GVFL, an early stage Venture Capital firm. Earlier known as Gridle, the platform in its preliminary...
Online Travel Is Expected to Bounce Back to USB by 2025, Says E-Conomy SEA Report

Online Travel Is Expected to Bounce Back to US$60B by 2025,...

Southeast Asia’s tech investment landscape continues to flourish with an increase of 17 per cent in the number of deals between H1 of 2019...
China to Invest 800b Yuan on 5G in Next 5 Years

China to Invest 800b Yuan on 5G in Next 5 Years

By the end of 2022, more than 60 percent of China's top 1,000 enterprises will deploy application scenarios based on 5G and edge computing,...
Bengaluru-Based Furniture Rental Startup Furlenco Raises Debt Round from Multiple Investors

Bengaluru-Based Furniture Rental Startup Furlenco Raises Debt Round from Multiple Investors

Bengaluru-based Kieraya Furnishing Solutions, which runs furniture rental startup Furlenco, has raised Rs 53 crore ($7.1 million) in debt financing from multiple investors. The company...
SG-Headquartered PE Firm Ascent Capital Closes Maiden Fund at m

SG-Headquartered PE Firm Ascent Capital Closes Maiden Fund at $88m

Singapore-registered, Myanmar-focused private equity firm Ascent Capital has held a final close of its debut fund at $88 million, after collecting over $80 million...
Grab Inks Partnership with Lazada in Vietnam to Integrate Product Offerings

Grab Inks Partnership with Lazada in Vietnam to Integrate Product Offerings

Grab announced a collaboration with Lazada in Vietnam on Tuesday to integrate their product offerings from November 11, enabling Vietnamese users of either app...
SG’s Scorpio Electric Raises US.3M to Develop Zero-Emission, Smart E-Motorcycles for SEA

SG’s Scorpio Electric Raises US$6.3M to Develop Zero-Emission, Smart E-Motorcycles for...

Scorpio Electric, a Singapore-based smart e-motorcycle startup, has announced a US$6.3 million in fresh funding from undisclosed private investors. The fresh capital will be used...
Alibaba Expects Livestreaming E-Commerce Penetration Rate to Reach 30%

Alibaba Expects Livestreaming E-Commerce Penetration Rate to Reach 30%

Chinese e-commerce giant Alibaba expects livestreaming sales to continue strong growth, while livestreaming could make up 30% of all sales on its platforms in...
WhatsApp Gets Approval to Launch Payments Feature in India

WhatsApp Gets Approval to Launch Payments Feature in India

WhatsApp has received approval to roll out its payments service in India starting with 20 million users, the country’s flagship payments processor said on...