Startups

Founded in 2015, SiBionics is developing a pipeline of products focused on a range of diseases. (Source image from SiBionics website)
DealStreetAsia

Chinese medical technology startup SiBionics raises nearly $72m

Company will use funds to expand at home and overseas

23 December 2022
Chinese food tech startup Botinkit has been targeting the labor-intensive restaurant industry and making forays overseas. (Photo courtesy of the company)
36Kr/KrASIA

Chinese cooking robot startup reaches Japan and Southeast Asia

Botinkit's all-in-one cyborg chefs digitize and reproduce recipes

23 December 2022
Nothing's smartphone has a transparent back panel over LED strips that light up to signal incoming calls, notifications and charging status. (Photo courtesy of Nothing) 
Interview

Carl Pei's Nothing targets India with eye-catching smartphones

Head of company's India unit says it's focusing on software as well as design

23 December 2022
An HDFC Bank branch office in Mumbai, India. 
22 December 2022
Gaming and messaging startup VNG inaugurates a data center in Ho Chi Minh City, Vietnam, where controversial rules on storing data domestically are pushing up demand. (Photo by Lien Hoang)
Technology

Vietnam unicorn VNG opens data center to cash in on storage law

Startup eyeing U.S. IPO benefits from rule blasted by global tech groups

21 December 2022
BetterPlace offers companies a single software system to manage their front-line workforces. (Source images from Better Place Facebook page)
DealStreetAsia

Indian human resources tech startup BetterPlace raises $40m

Company will use funds to boost AI capability, strengthen other technology

21 December 2022
Founded in 2019, Alami has over 111,000 peer-to-peer investors involved in almost 10,000 projects across Indonesia. (Source image from Alami website)
DealStreetAsia

Indonesian Shariah fintech Alami raises funds from beauty company unit

Startup looking to improve access to Shariah-compliant financial services

20 December 2022
Stream article image
Women's Wealth

Behind the women billionaires: China receding on gender equality

Economic growth, policy, prove double-edged sword for women in China as historic progress is undone

20 December 2022
Tarun Bothra, left, and Kristin Kagetsu want to be able to give away one sanitary pad in a rural area for every one they sell in an urban area. (Photo by Nandan Dave)
Nikkei Asia Award

India-based biodegradable sanitary pad maker wins Nikkei Asia Award

Saathi's plant-based, plastic-free napkins go easy on environment and women

20 December 2022
Gautam Godhwani, managing partner of Good Startup, says Singapore has done a good job establishing itself as a regional leader in the alternative protein sector. (Source photos from Good Startup)
DealStreetAsia

Singapore firm targets bigger fund to invest in alternative proteins

Good Startup plans to pour up to $10m into emerging sector in 2023

19 December 2022
Senior Automation, a Chinese tech startup, provides driverless solutions for port transport. (Photo courtesy of the company)
36Kr/KrASIA

Chinese driverless port transport startup secures new funding

Senior Automation to use $14m for business expansion and R&D

19 December 2022
Heal has invested in assets across North America, Australia and Asia.
DealStreetAsia

Australia's Heal Partners seeks up to $500m for new fund

Investment firm specializes in health care, education and lifestyle sectors

16 December 2022
Jago Coffee is aiming to expand its mobile stands offering cups of fresh brew to Indonesian cities beyond Jakarta. (Photo by Nana Shibata)
Interview

Indonesia's Jago to deploy 10,000 mobile cafes to serve up coffee

Startup challenges instant-dominated market with fresh-brewed offering

16 December 2022
Indonesia's Investree has already expanded into Thailand and the Philippines. (Source images from Investree website)
DealStreetAsia

Indonesia's Investree set to close funding round led by Qatar's JTA

Peer-to-peer lending company looking to enter Middle East market

15 December 2022
Morgan Stanley predicts the global urban air mobility market will grow 30% annually between 2021 and 2040, reaching $1.5 trillion by 2040.
DealStreetAsia

India's Bumble Bee raises $37m to make autonomous air taxis

Bengaluru-based startup plans to launch prototype in April

14 December 2022
Stream article image
12 December 2022
Halodoc's CEO and co-founder Jonathan Sudharta (Photo by Nana Shibata)
Health Care

Indonesian teledoctor Halodoc eyes Thailand, Singapore foray

Health tech app operator aims to attract 100 million users for home market

9 December 2022
Animoca Brands co-founder Yat Siu describes the planned fund as "a good entry point" for Web3 businesses.  (Photo by Kentaro Iwamoto)
Interview

Blockchain group Animoca to form metaverse fund

Co-founder says up to $2bn vehicle focuses on mid- to late-stage startups

30 November 2022
Norito Ikeda, president of Japan Post Bank, right, and Hiroaki Mizuno, CEO of Pie Systems Japan, at a press conference on their new partnership on Nov. 29. Pie Systems operates an app that allows foreign travelers to claim tax refunds easily.
Finance

Japan Post Bank to boost investment in startups

Tokyo-based lender will quintuple outlay to $724m by 2026

29 November 2022
Navis Capital Partners managing partner Nicholas Bloy said the private equity fund is looking to divest the remaining assets in its continuation fund in the next year or so. (File photo by Reuters)
DealStreetAsia

Malaysian fund Navis seeks exits for continuation assets

Economic challenges affecting consumer businesses: managing director

29 November 2022
Newwayer supplies cornstarch-based tableware to domestic and foreign food service brands and supermarkets. (Photo courtesy of the company)
36Kr/KrASIA

China biodegradable tableware startup secures new funding

Newwayer sees business opportunities in expanding food delivery market

28 November 2022
NEC will spend around 33 billion yen ($238 million) on a new research center in Kanagawa prefecture to help startups develop artificial intelligence technology. (Source photo by Reuters) 
Technology

NEC to open up supercomputer in new startup hub

Tech company will build research base near Tokyo to promote innovation

25 November 2022
Electric motorcycle maker Ultraviolette Automotive has raised an undisclosed amount, estimated at $25 million, form Qualcomm Ventures and Lingotto. (Screenshot from Ultraviolette Youtube)
DealStreetAsia

India's Ultraviolette Automotive raises funding from Qualcomm

Electric bike maker to expand operations, ramp up technology

25 November 2022
WM Motor, which is targeting the mid-tier market, only delivered 44,152 cars in 2021, putting it far behind bigger domestic rivals Nio, Xpeng and Li Auto.
Caixin

China EV startup WM Motor cuts wages amid rising losses: sources

Staff bonuses and purchase subsidies canceled as company plans Hong Kong IPO

25 November 2022
On the ground floor of a local shopping mall in the heart of Bangkok's bustling Chinatown: One goal is to turn Mister Loo paid toilet outlets into a kind of health clinic. (Photo by Kenji Kawase)
Startups

Thai startup to build over 1,000 public toilets across Asia

Swiss entrepreneurs turn COVID setbacks into growth engine

24 November 2022