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Blue Planet Raises US$25M from Nomura for Waste Management Solutions

Financing integrated, inclusive, and sustainable waste management. Blue Planet Environmental Solutions announced today that it raised US$25M in corporate funds from Asian global investment bank Nomura’s Loans and Principal Investments Area. The company said in its statement that the investment will help Blue Planet develop waste management solutions that are integrated, socially inclusive, and sustainable. […]

Blue Planet Raises US$25M from Nomura for Waste Management Solutions Read More »

Financing integrated, inclusive, and sustainable waste management. Blue Planet Environmental Solutions announced today that it raised US$25M in corporate funds from Asian global investment bank Nomura’s Loans and Principal Investments Area. The company said in its statement that the investment will help Blue Planet develop waste management solutions that are integrated, socially inclusive, and sustainable.

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CureFit raises US$110M in Second Series D Funding Round Led by Temasek

CureFit valuation likely to cross US$800 million Health and Fitness startup CureFit raised US$110 million in its second Series D funding round led by Singapore-based Temasek Holdings, which invested approximately $71.8 million of the total. Existing investors Accel Partners invested $14.2 million, while Chiratae Ventures and Unilever Swiss Holdings invested $1.8 million and $2.8 million,

CureFit raises US$110M in Second Series D Funding Round Led by Temasek Read More »

CureFit valuation likely to cross US$800 million Health and Fitness startup CureFit raised US$110 million in its second Series D funding round led by Singapore-based Temasek Holdings, which invested approximately $71.8 million of the total. Existing investors Accel Partners invested $14.2 million, while Chiratae Ventures and Unilever Swiss Holdings invested $1.8 million and $2.8 million,

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10 Southeast Asian Unicorns Over US$10B

The Asia-Pacific region has taken over this Silicon Valley phenomenon Unicorns were mythical, until Aileen Lee made them real. She used the term in 2013 to label US software startups that were valued at US$1 billion or above. At that time, the world knew of only 39 such companies, all of them U.S.-based. Today, there

10 Southeast Asian Unicorns Over US$10B Read More »

The Asia-Pacific region has taken over this Silicon Valley phenomenon Unicorns were mythical, until Aileen Lee made them real. She used the term in 2013 to label US software startups that were valued at US$1 billion or above. At that time, the world knew of only 39 such companies, all of them U.S.-based. Today, there

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Chinese Robot Developer Keenon Robotics Secures US$28M in Series B Funding

The investment was led by Source Code Capital, followed by Walden International and Shanghai S&T Shanghai-based intelligent robots developer Keenon Robotics concluded its Series B funding round with close to US$28 million in investment, according to a statement released on March 9, 2020. Beijing-based Source Code Capital led the investment; new investors Walden International and

Chinese Robot Developer Keenon Robotics Secures US$28M in Series B Funding Read More »

The investment was led by Source Code Capital, followed by Walden International and Shanghai S&T Shanghai-based intelligent robots developer Keenon Robotics concluded its Series B funding round with close to US$28 million in investment, according to a statement released on March 9, 2020. Beijing-based Source Code Capital led the investment; new investors Walden International and

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Thailand’s Mobility Service Startup Flare Raises US$1.4M in Series A Funding

Flare is number one in automotive advertising in Thailand, claims CEO Kazuki Kamiya Thailand-based automobile-related service provider Flare announced on March 23 that it has raised US$1.4 million in Series A funding from Spiral Ventures, Chiba Dojo, Sun Asterisk, and Voyage Ventures. The investment was received through third party allotment of shares to investors. Established

Thailand’s Mobility Service Startup Flare Raises US$1.4M in Series A Funding Read More »

Flare is number one in automotive advertising in Thailand, claims CEO Kazuki Kamiya Thailand-based automobile-related service provider Flare announced on March 23 that it has raised US$1.4 million in Series A funding from Spiral Ventures, Chiba Dojo, Sun Asterisk, and Voyage Ventures. The investment was received through third party allotment of shares to investors. Established

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Crypto-exchange BiKi.com Lists Stablecoin Dai

Singapore-based digital currency exchange BiKi.com has listed decentralized stablecoin Dai on its exchange platform, according to a statement released by BiKi.com this week. Dai is soft-pegged to US$1, and is reportedly the second largest stablecoin by overall collateral value. A stablecoin is a user-generated collateral-backed cryptocurrency. Derived from the Chinese character 貸 (meaning to lend

Crypto-exchange BiKi.com Lists Stablecoin Dai Read More »

Singapore-based digital currency exchange BiKi.com has listed decentralized stablecoin Dai on its exchange platform, according to a statement released by BiKi.com this week. Dai is soft-pegged to US$1, and is reportedly the second largest stablecoin by overall collateral value. A stablecoin is a user-generated collateral-backed cryptocurrency. Derived from the Chinese character 貸 (meaning to lend

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Three-Way Talks’ Blockchain Event Offers Insights Amidst COVID-19

‘Three-Way Talks’ Blockchain Event Offers Insights Amidst COVID-19

The ‘Three-Way Talks’, a panel discussion on blockchain and the COVID-19 pandemic’s impact on it, was held earlier this month, according to a press statement by ChainUP. The discussion focused on latest developments in the blockchain industry, as well as collaborative opportunities during the ongoing pandemic. The list of speakers featured Singapore-based crypto exchange ChainUP

‘Three-Way Talks’ Blockchain Event Offers Insights Amidst COVID-19 Read More »

The ‘Three-Way Talks’, a panel discussion on blockchain and the COVID-19 pandemic’s impact on it, was held earlier this month, according to a press statement by ChainUP. The discussion focused on latest developments in the blockchain industry, as well as collaborative opportunities during the ongoing pandemic. The list of speakers featured Singapore-based crypto exchange ChainUP

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Indian B2B ecommerce startup Udaan raises US$30M

Including the current funding, Udaan has received a total investment of US$900 million In a fresh round of financing, Bengaluru-based Business-to-Business (B2B) ecommerce startup Udaan raised US$30 million from Singapore-based parent company Trustroot Internet on March 23, according to a press report. Udaan passed a special resolution to allot 243,161 Class A equity shares to

Indian B2B ecommerce startup Udaan raises US$30M Read More »

Including the current funding, Udaan has received a total investment of US$900 million In a fresh round of financing, Bengaluru-based Business-to-Business (B2B) ecommerce startup Udaan raised US$30 million from Singapore-based parent company Trustroot Internet on March 23, according to a press report. Udaan passed a special resolution to allot 243,161 Class A equity shares to

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Indonesian Social Ecommerce Startup Chilibeli Raises US$10M Series A

Chilibeli, a community based social ecommerce platform headquartered in Jakarta, raised US$10 million funding in a round led by American venture capital firm Lightspeed Ventures this week, according to a statement by the company. The round also saw participation from Golden Gate Ventures, Sequoia Surge, Kinesys Group, and Alto Partners, the statement added. “The funds

Indonesian Social Ecommerce Startup Chilibeli Raises US$10M Series A Read More »

Chilibeli, a community based social ecommerce platform headquartered in Jakarta, raised US$10 million funding in a round led by American venture capital firm Lightspeed Ventures this week, according to a statement by the company. The round also saw participation from Golden Gate Ventures, Sequoia Surge, Kinesys Group, and Alto Partners, the statement added. “The funds

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Chinese Insurtech Startup Insgeek Raises US$25M in Series C Funding

The investment was led by SIG and Huaxing New Economic Fund Chinese insurtech startup Insgeek raised US$25 million in a Series C round of funding, according to a company statement released on March 18. The investment was led by global proprietary trading & broker-dealer firm Susquehanna International Group (SIG) and Huaxing New Economic Fund. According

Chinese Insurtech Startup Insgeek Raises US$25M in Series C Funding Read More »

The investment was led by SIG and Huaxing New Economic Fund Chinese insurtech startup Insgeek raised US$25 million in a Series C round of funding, according to a company statement released on March 18. The investment was led by global proprietary trading & broker-dealer firm Susquehanna International Group (SIG) and Huaxing New Economic Fund. According

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Media house TNL Media Group acquires adtech startup Ad2iction Interaction

Acquisition of marketing startup is the latest step in TNL’s push for a broader spectrum of digital offerings Taipei-based media and journalism startup TNL Media Group acquired Ad2iction Interaction, a Taiwan-based digital marketing startup, for an undisclosed amount last week. Ad2iction Interaction will continue to function as an independent agency, and likewise, will continue to

Media house TNL Media Group acquires adtech startup Ad2iction Interaction Read More »

Acquisition of marketing startup is the latest step in TNL’s push for a broader spectrum of digital offerings Taipei-based media and journalism startup TNL Media Group acquired Ad2iction Interaction, a Taiwan-based digital marketing startup, for an undisclosed amount last week. Ad2iction Interaction will continue to function as an independent agency, and likewise, will continue to

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Lending Tech Startup Vivriti Capital raises US$50M Series B

Funding round is third close of the month for Bengaluru-based impact investor LGT Lightstone Aspada India-based fintech platform Vivriti Capital raised US$50 million in a Series B round from private equity firm LGT Lightstone’s India wing LGT Lightstone Aspada, according to a statement by the company on March 18. The funding was raised within a

Lending Tech Startup Vivriti Capital raises US$50M Series B Read More »

Funding round is third close of the month for Bengaluru-based impact investor LGT Lightstone Aspada India-based fintech platform Vivriti Capital raised US$50 million in a Series B round from private equity firm LGT Lightstone’s India wing LGT Lightstone Aspada, according to a statement by the company on March 18. The funding was raised within a

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AMTD Digital to Acquire Controlling Stake in Singapore Insurtech Startup PolicyPal

PolicyPal CEO and Founder Val Yap expected to continue leading the company post-acquisition AMTD Digital, the integrated digital finance platform of Hong Kong-based AMTD Group, announced on March 17 that it will acquire a 51% stake in PolicyPal, a Singapore-based insurtech startup with a digital insurance broker license from the Monetary Authority of Singapore (MAS).

AMTD Digital to Acquire Controlling Stake in Singapore Insurtech Startup PolicyPal Read More »

PolicyPal CEO and Founder Val Yap expected to continue leading the company post-acquisition AMTD Digital, the integrated digital finance platform of Hong Kong-based AMTD Group, announced on March 17 that it will acquire a 51% stake in PolicyPal, a Singapore-based insurtech startup with a digital insurance broker license from the Monetary Authority of Singapore (MAS).

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Fintech startup SmartCoin raises US$7M in Series A

Mobile-based consumer lending startup SmartCoin raised US$7 million in a fresh round of funding this week. The Series A round was led by LGT Lighthouse Aspada, the India wing of impact investment firm LGT Lighthouse, and SmartCoin’s seed investors Unicorn India Ventures and Accion Venture Lab also participated. Unitus Capital was an exclusive financial advisor

Fintech startup SmartCoin raises US$7M in Series A Read More »

Mobile-based consumer lending startup SmartCoin raised US$7 million in a fresh round of funding this week. The Series A round was led by LGT Lighthouse Aspada, the India wing of impact investment firm LGT Lighthouse, and SmartCoin’s seed investors Unicorn India Ventures and Accion Venture Lab also participated. Unitus Capital was an exclusive financial advisor

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Should Big Tech be Broken Up?

By Daneesh Shahar The feasibility and necessity of Elizabeth Warren’s controversial plan On February 9, 2019, Massachusetts Democratic Senator Elizabeth Warren announced her candidacy in the 2020 presidential election. A month later, her campaign published a post on Medium titled “Here’s how we can break up Big Tech,” detailing Warren’s plans to correct what she

Should Big Tech be Broken Up? Read More »

By Daneesh Shahar The feasibility and necessity of Elizabeth Warren’s controversial plan On February 9, 2019, Massachusetts Democratic Senator Elizabeth Warren announced her candidacy in the 2020 presidential election. A month later, her campaign published a post on Medium titled “Here’s how we can break up Big Tech,” detailing Warren’s plans to correct what she