Enabled By Artificial Intelligence, Malaysia-based B2B Marketplace Startup Dropee Aims to Empower Mom-and-Pop Stores In the Region
Dropee, a Malaysian artificial intelligence-powered business to business wholesale (B2B) marketplace startup, utilizes technology to distinguish itself from its competitors by leveraging predictive analytics and artificial intelligence (AI) to enable local retailers and mom-and-pop stores to better source products and manage their inventory in a more efficient manner, by predicting…Continue Reading
Aspiring Southeast Asian Unicorn ShopBack Lands US$75 Million in Temasek-led Extended Series B Funding Round
Aspiring unicorn ShopBack, a Singapore-based pioneering cashback and discovery platform startup, announced recently that it has landed US$75 million in an extended Series B round of funding led by Temasek, the Singapore government-owned sovereign wealth fund. Other participants of the cashback app’s extended financing round include existing investors EV Growth,…Continue Reading
PT Mandiri Capital Indonesia Plans to Invest Upwards of US$5 Million in Up-and-Coming Startups
Indonesian Bank Mandiri’s subsidiary PT Mandiri Capital Indonesia (MCI), the corporate venture capital arm of the country’s largest financial institution, recently announced that is currently searching for promising startups in which to invest in as part of a strategic vision to establish a strong foothold in Indonesia’s fast expanding digital…Continue Reading
This Singapore-based Cybersecurity Startup Offers a People-centric Approach to Combat Malicious Cyber Attacks
The vast majority of cyberattacks that occur today are caused by human error. Cybercriminals are getting more sophisticated with each cyberattack, employing ingenious methods that can bypass conventional layers of security, meaning that error-prone humans often have to act as the final bastion of defense against these malicious actors. This…Continue Reading
Singapore-based SaaS Startup Novocall Lands US$503,000 in 500 Durians-led Seed Funding Round
Singapore-based software as a service (SaaS) startup Novocall recently announced that it has secured US$503,000 in a 500 Durians-led seed round of funding. Other participants of the seed funding round include various angel investors such as Chan Kee Siak, founder and chief executive officer of Exabytes; early stage venture fund…Continue Reading
Singapore-based Esports Startup ESPL Secures Investment from 500 Startups to Evolve Global Esports Landscape
Esports Players League (ESPL), an esports tournament startup based in Singapore, announced recently that it has landed an undisclosed amount of investment from 500 Startups, the renowned early stage venture fund and seed accelerator founded by entrepreneur Dave McClure, as part of its fundraising efforts for its seed funding round….Continue Reading
Singapore-based BNPL Startup hoolah Lands Eight Digit Funding in Allectus-led Series A Funding Round
hoolah, a Singapore-based startup that brings an interest-free Buy Now Pay Later (BNPL) installment solution to merchants, announced recently that it has raised an eight digit funding in an Allectus-led Series A funding round. Allectus is a venture capital firm that focuses on disruptive companies in the tech space. Other…Continue Reading
Grab Ventures Velocity Debuts Third Cohort Centered Around Micro Entrepreneur Startups
Grab, the regional superapp unicorn, announced recently that its venture building and investment arm, Grab Ventures Velocity (GVV), which is a scale-up program focusing on post-seed startups’ development to help them scale and expand across Southeast Asia, is now accepting new applicants across the region for its third cohort of…Continue Reading
SparkLabs Group Launches SparkLabs Connex, a Startup Accelerator Program With a Focus On IoT, Proptech and Smart Cities
SparkLabs Group, an international network of venture capital firms and startup accelerators that include such notables as SparkLabs Taipei, SparkLabs Korea and SparkLabs Cultiv8, recently announced that it has debuted SparkLabs Connex, an entirely new global accelerator program with a focus on smart cities, Internet of Things (IoT) and property…Continue Reading
Unicorn Grab Debuts Grab Ventures Ignite Accelerator Program For Startups in Vietnam
As part of Vietnam’s ‘Grab for Good’ roadmap that is focused on alleviating poverty, promoting financial inclusion and skilled workforce building, regional superapp unicorn Grab recently announced that it has debuted Grab Ventures Ignite (GVI), a six-month accelerator program focused on early stage startups in the country aimed at fulfilling…Continue Reading