Report: Southeast Asia Internet economy hits $100B in 2019
Southeast Asia’s Internet economy hits $100 billion in 2019. Powered by these fundamental changes in consumer behavior, the Internet economy continues to grow at...
Malaysia’s Petronas sets up $350m venture capital fund
Malaysia’s state energy firm Petronas said on Friday it had set up a $350 million venture capital arm for industrial and energy investments.
The newly...
Singapore’s PropertyGuru targets USD 257 million IPO in Australia
PropertyGuru, one of Southeast Asia’s leading property technology companies, announced today it has lodged a prospectus with the Australian Securities and Investment Commission for...
Paytm First Games raises $20m from parent firms
Paytm First Games Thursday said it has raised $20 million from parent firms, AGTech Holdings, and One97 Communications Ltd, for further expansion.
The fund will...
Greater Central rents record largest quarterly drop in seven years amid...
Greater Central rents fell 3.2% in Q3, the largest quarterly drop since 2012; Souring sentiment and weakening demand set to lead to a...
Thailand’s proptech FazWaz secures pre-Series A funding from undisclosed Singaporean group
Thailand-based proptech company FazWaz, announces that it has raised an undisclosed seven-figure pre-series A funding led by a Singaporean group, as reported in local...
Malaysia’s competition regulator to decide on Grab on Thursday
Malaysia’s Competition Commission (MyCC) said it will announce its decision on Thursday after investigating whether ride–hailing firm Grab is anti-competitive.
The regulator said last year it would...
Zomato mulls $600m fresh funding led by existing investor Ant Financial
Food ordering and delivery platform Zomato is in the process of raising $600 million in a fresh funding round, which is likely to be...
South Korea’s Shinhan GIB invests in Bukalapak, pushing its valuation past...
Shinhan GIB, the investment banking unit of South Korean financial group Shinhan Financial Group, today announced its involvement in the Series F funding round...
Singapore-based maritime solutions startup Claritecs has secured an S$850,000 (US$600,000) in...
Singapore-based maritime solutions startup Claritecs has secured an S$850,000 (US$600,000) in pre-Series A funding from INNOPORT, the corporate venture capital unit of the globally...
Singapore spacetech firm NuSpace secures seed funding from Beenext
NuSpace, which provides internet-of-things connectivity and data platform services from space using nano-satellites, has secured an undisclosed amount of seed funding from Japan-based venture...
Bengaluru-based B2B ecommerce platform Udaan raises $585 mln led by Tencent,...
Udaan, the Bengaluru-based B2B ecommerce platform has raised funding of $585 million led by Tencent, Altimeter, Footpath Ventures, Hillhouse, GGV Capital, and Citi Ventures....
