Human resources tech startup DarwinBox has raised a $15 million Series C funding round, as it aims to scale its platform deeper into the southeast Asian market. The round, led by Salesforce…
Ant Financial to Open $1bn SEA and India Fund
Ant Financial, part of the Alibaba Group and formerly known as Alipay, will invest heavily in the future of Southeast Asia and India with the creation of a $1 billion fund dedicated…
Thai Workplace App Eko Wins $20m Funding Round
Bangkok-based workplace app firm Eko has secured a $20 million Series B funding round, as it expands into the European market with a London office. The round was led by Indonesian VC…
EMQ’s “Remittance Railroad” Through Southeast Asia Required Patience – and Resolve
Each Sunday, in Hong Kong, hundreds of Philippine migrant workers queue up outside remittance offices, the lines snaking around entire city blocks, to send money home. For most, it’s their only free…
Deals of the Week: Hashicorp goes Unicorn, Chinese Coffee Burns Cash and Grab Gets Bumper Funding
Hashicorp: The Young, Hot Startup Worth $1.9 Billion Hashicorp is an open-source software firm that has quickly gained traction. Last Thursday, investors stumped up $100 million that valued the company at $1.9 billion.…
Sequoia Closes India and SE Asia Fund at $695m
Sequoia Capital has closed its latest fund for India and southeast Asia at $695 million. It is the Californian VC’s sixth in India since it expanded into the country in 2012, which…
Alibaba Makes Pakistan e-Commerce Play with Daraz Acquisition
Chinese tech giant Alibaba has made a big play for the South Asian e-commerce market, with its acquisition of Rocket Internet-owned Pakistani platform Daraz. The Karachi-based firm, founded in 2012, operates in…
Asia’s Top Tech Trends in 2018: By the Letters
Across Southeast Asia, rising tech startups and firms are vying for glory in 2018. While artificial intelligence (AI) and augmented reality (AR) may be touted as the next big things in Silicon…
Made in Taiwan: How an Asian Tiger is Still Searching for its Startup Stripes
It’s difficult to find a stronger hardware nation, per capita, than Taiwan: the island state, officially the Republic of China, is home to just 23 million people. But it has produced a…
China is Making 2018 a Great Year for Southeast Asian Tech
It’s been a busy year for Southeast Asia’s dealmakers. The region has seen a vast uptick in big funding rounds, in companies such as Malaysian ride-hail app Grab and Indonesia’s e-commerce platform Tokopedia.…