한국 스타트업의 모든 것
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The startup has over 20K GoGetters and claims to have helped over 5K businesses, including MNCs and SMEs GoGet, an on-demand workforce and jobs platform in Malaysia, announced today it has closed a Series A round of US$2 million, led by Monk’s Hill Ventures. The money will be used to scale...
ASX-listed FDV has signed an agreement to acquire Fincaraíz (Colombia), Avito (Morocco) and Tayara (Tunisia) from AdevintaFrontier Digital Ventures CEO Shaun Di GregorioMalaysia-based Frontier Digital Ventures (FDV), which operates property and automotive marketplaces in emerging markets...
Merchantrade Asia, a home-grown digital money services company and e-money issuer in Malaysia, has fully acquired local fintech player Valyou from Telenor Group, following a competitive bidding exercise. As per a press statement, Merchantrade has obtained all regulatory approvals for the...
According to Statista, the online gaming market is predicted to be worth over US$ 174 billion by 2021, and this sector has been dominated by the Asia Pacific region for years. With Southeast Asia’s steadily growing online population, thanks to increased internet penetration and smartphone usage,...
Homage, a Singapore-based caregiving and telehealth company, has taken a major step in its global expansion plan. The startup announced today that it has received strategic investment from Infocom, the Japanese information and communications technology company that runs one of the largest...
Singapore-based venture capital firm Quest Ventures officially announced a partnership with ScaleUp Malaysia to invest in and scale the growth of Malaysian startups. The deal brought in MYR4.1 million (US$1 million) in Foreign Direct Investment to develop Malaysian startups. The programme welcomes...
Tag La team with CEO Edison Lim (centre) and COO Max Chua (next to him on the right) How many times have we cursed ourselves for misplacing our valuable belongings such as mobile phones, wallet, or car/door keys? It is frustrating to know that we have lost our valuable items, albeit temporarily,...
Ed. note: This story was reported, written, and edited prior to the COVID-19 pandemic.A city of nearly two million inhabitants, Kuala Lumpur is an oft-visited Southeast Asian capital largely for its thriving business scene, the architectural splendor of the Petronas Twin Towers, and the...
Greg Meehan, Chief Revenue Officer, Supahands Even with a global health crisis looming in the background, to expand their business internationally remains on the agenda of many tech entrepreneurs in Southeast Asia (SEA). In the first week of September, SEA-based companies such as PasarPolis and...
Digital media group REV Asia Berhad today announced that it has agreed to acquire iMedia, a Malaysian digital media company focussing on content, technology, and social influencer marketing. iMedia owns and represents digital properties in the country which the company claims to have a combined...
VC firm OBOR Management to accelerate investment in Cambodia with newly-approved license The story: Venture capital firm and fund manager OBOR Management has been issued a Fund Management License by the Securities Exchange Commission of Cambodia (SECC). The background: The Fund Management License...
With COVID-19 affecting virtually every aspect of human life — from our lifestyles, to consumer behaviours, to labour practices — it is easy to overlook exactly how people are mentally coping given everything that is going on. The World Health Organization (WHO) explained that because of the...
It’s been approximately six months since the COVID-19 pandemic started. Back then, in Malaysia, Prime Minister Muhyiddin Yassin issued the Movement Control Order (MCO) in an official speech that would greatly leave a dent in the local startup ecosystem. During the MCO, many startups have learnt...
Malaysia has long been a place where vast fortunes have been amassed over time. The Kuoks, Tehs and Queks are custodians of palm oil, property and banking empires that stretch back decades.That was until COVID-19, when the country’s low-key rubber industry — or more precisely, glove making...
Indonesia-based online travel portal, Traveloka, has picked up $250M in fresh funding to beef up its coronavirus-battered balance sheet. The travel aggregator dubs the capital injection a “strong vote of confidence” in its strategy to adjust to what it couches as a ‘new normal’ for travel...
A Malaysia court sentenced former prime minister Najib Razak to 12 years imprisonment after ruling him guilty in the first of a series of trials linked to 1MDB.Najib was guilty Tuesday of all seven charges in the case involving 42 million ringgit ($10 million) of funds deposited in his personal...
StashAway founders Singapore-based StashAway, a digital wealth manager for both retail and accredited investors, has closed a US$16 million in Series C funding round, led by Australian VC firm Square Peg. Burda Principal Investments (the growth capital arm of German media and tech company Hubert...
Goldman Sachs Group Inc. has reached a deal that would see Malaysia drop all criminal and regulatory proceedings against the bank in exchange for $3.9 billion of reparations for its role in raising money for the troubled sovereign wealth fund 1MDB.The settlement includes a payment of $2.5...
Fave, Southeast Asian fintech platform providing QR payments and loyalty cashback to restaurant and retailers, has announced a strategic partnership and investment from Pine Labs, Asia’s digital payments and merchant commerce platform. The partnership will see Fave’s QR code become...
The story: Malaysian B2B e-procurement platform Dropee, has raised US$1.3 million in funding right after its graduation from Y Combinator’s Winter 2020 batch. Investors: Y Combinator, Ondine Capital, Vynn Capital, Brama One Ventures, John Devor (COO of Touchpoint Games), Jason Tsai (Machine...
It’s easy to assume that Fefifo is just another urban-farming-going-digital company on the surface. But dig deeper and you will understand why their approach to farming is different –if not revolutionary. The Malaysia-based agritech startup brings in the concept of coworking space into farming....
Endeavor Malaysia has unveiled the 15 companies that have graduated from its inaugural programme ScaleUp Endeavor. Within a span of 12 months, these 15 companies underwent a total of 177 mentoring hours, five workshops and eight crisis-related webinars. Here are the 15 companies supported by...
Impact Partners invests US$1.1M in Bangladeshi solar energy marketplace SOLshare Bangladesh-based off-grid solar energy marketplace firm SOLshare has closed a US$1.1 million financing round led by IIX Impact Partners, a debt and equity crowdfunding platform for impact investing. Current investors...
Malaysia-based startup Rush’s premise is simple. Whenever you’re in need of smartphone energy to ensure connectivity, go to the nearest store to rent a power bank. Scan code on any Rush kiosk, grab the power bank, and once you’re done using it, drop it back to the nearest kiosk you can...
Following media reports, Chinese internet giant Tencent finally confirmed the purchase of Malaysia-based video streaming platform iflix. In a statement to Dealstreet Asia, Tencent stated that the purchase is part of its strategy to expand WeTV, its international streaming platform, across Southeast...
Tuas Capital, The Hive to launch venture builder fund for SEA Malaysian private investment group Tuas Capital Partners has signed a partnership with US-based venture studio The Hive to form a new fund, called The Hive Southeast Asia. The venture builder fund will be domiciled in Malaysia and...
Rapyd, a global fintech company, has released its 2020 Asia Pacific eCommerce and Payment Study that analysed the financial habits, payment methods, considerations and preferences of consumers in seven countries in the region. The report, which was conducted in March and April 2020, uncovered how...
Split, a fintech startup that enables businesses to provide a ‘buy-now-pay-later’ service to their customers in Singapore and Malaysia, announced today it has secured an undisclosed amount of funding, led by 500 Startups. Angel investors, including Louise Daley, Deputy CEO of AccorHotels Asia...
Action Community for Entrepreneurship appoints James Tan new Chairman The Action Community for Entrepreneurship (ACE) announced today it has appointed James Tan as its new Chairman of the Board of Directors. Since its inception by Singapore’s Ministry of Trade and Industry in 2013, the ACE has...
New York-based fintech startup Wahed (meaning ‘One’ in Arabic) describes itself as a digital Islamic investment platform and as the world’s first ‘halal robo adviser’. It’s now closed a $25 million investment round led by Saudi Aramco Entrepreneurship Ventures (also known as Wa’ed...
