Startups

Gopizza currently has 60 outlets across South Korea, Singapore, Indonesia, India and Hong Kong.(Screenshot from Gopizza Facebook page)
DealStreetAsia

South Korea pizza chain raises $25m for bigger slice of India market

Gopizza wants 100 stores in India by 2023, up from 15 now

18 October 2022
Byju's has raised fresh funds as it increasingly looks for business outside India. (Photo by Kosaku Mimura) 
Education

Indian edtech Byju's raises $250m from existing investors

Move comes a week after startup announced plans to cut around 2,500 jobs

17 October 2022
Founded seven years ago, Goodwater Capital has invested in more than 25 countries. (Source image from Goodwater Capital Facebook)
DealStreetAsia

U.S. venture capital firm investing in Asia seeks $1bn for funds

Goodwater Capital placed bets in over a dozen Asian tech players last year

14 October 2022
Tower Capital Asia closed its first fund at $379 million in September, surpassing its original target of $300 million. (Source photo from Tower Capital Asia website)
DealStreetAsia

Tower Capital private equity fund focusing on Singapore for now

Firm will wait and watch before expanding into other parts of Southeast Asia

13 October 2022
Indian education startup Byju seeks to return to profitability by March next year by cutting staff. 
Education

Indian edtech Byju's cuts 2,500 jobs after huge losses

Company looks to shift marketing strategy as deficits grow twentyfold

13 October 2022
Opportunistic pricing and data privacy are concerns as startups bring insurance tech to Indonesia and Vietnam, where people often sell motorbike policies on the roadside. (Photo by Lien Hoang)
Technology

Vietnam and Indonesia don't get insurance. Can fintech help?

Can 'insurtech' achieve profits and data privacy with bite-size products?

12 October 2022
Founded in Melbourne in 2015, Airwallex offers a fintech platform to help businesses manage international payments. (Source images from Airwallex Facebook)
DealStreetAsia

Australian Fintech Airwallex raises another $100m

Cross-border payments company has valuation of $5.5bn

12 October 2022
Ten-year-old startup Konvy plans to use fresh capital to build brick-and-mortar stores, develop house brands and expand in Southeast Asia. (Screenshot from Konvy website)
DealStreetAsia

Thai online beauty retailer Konvy raises $10m from Insignia Ventures

Cosmetics seller will use funds to build brick-and-mortar stores

11 October 2022
Indonesian ride-hailing and delivery company Gojek says offering more choice on meal sizes can help consumers and businesses better deal with inflation. (Photo courtesy of Gojek) 
Inflation

Indonesia's Gojek urges more food size choice to fight inflation

Segment head says smaller portions can save consumers money, avoid waste

11 October 2022
Sewingtech is banking on its robotics technology to help reduce manpower requirements in the apparel industry. (Photo courtesy of Tuchong)
36Kr/KrASIA

Chinese apparel robot startup secures $1.4m in angel round

Sewingtech looks to cutting-edge tech to solve labor shortage, trim costs

10 October 2022
Sri Lanka's Taprobane Seafoods has one main processing facility and 14 smaller locations in the South Asian nation. (Screenshot from Taprobane Seafoods website)
DealStreetAsia

Dutch FMO proposes $10m investment in Sri Lanka seafood exporter

Taprobane Seafoods' 15 facilities mainly employ underprivileged women

7 October 2022
Stream article image
Business Spotlight

SoftBank adjusts its vision

The Vision Fund revolutionized startup investing. So why is Masayoshi Son rethinking his strategy?

7 October 2022
Founded in Singapore, Dymon Asia Private Equity also has offices in Kuala Lumpur and Bangkok. 
6 October 2022
India's Euler Motors makes three-wheeled EV cargo vehicles like the one pictured above. (Image from Euler Motors Facebook page)
DealStreetAsia

Singapore's GIC leads $60m funding for Indian EV maker Euler

Company aims to have 5,000 three-wheelers on the road by FY 2023

5 October 2022
ShopBack is looking to expand into more markets. (Screenshot from ShopBack website)
DealStreetAsia

Singapore cashback platform ShopBack gets $80m from Temasek arm

Company offers shopper rewards for Foodpanda, Dyson and others

4 October 2022
Murasaki's play-to-earn game Cyberstella. (Screenshot from Murasaki's Twitter feed)
Opinion

Why I had to leave Japan to launch my gaming company

Regulators and tax rules are fueling a new brain drain

4 October 2022
India's Battery Smart says it offers battery swapping for EVs in under two minutes. (Source photo from Battery Smart website)
DealStreetAsia

Indian EV battery-swapping network eyes $50m in funding

Battery Smart has started talks with potential investors: source

3 October 2022
Unicorns and smaller startups have entered a stage testing them for balance.
Datawatch

Unicorns' growth strategy reaching turning point

SBG, other nontraditional investors squeeze money, prioritize profit

2 October 2022
Ardelia Apti, CEO Mapan, is offering reasonably priced household items that improve quality of life in a bid to grow the fintech's customer base. (Photo by Nana Shibata) 
Startups

Indonesia fintech Mapan targets 10m households in dash for growth

Company has digitized traditional community savings model

2 October 2022
As publicly traded tech stocks declined due to rising interest rates, so did the valuations of the unlisted stocks in which SoftBank invested. (Photo by Mayumi Tsumita) 
SoftBank

SoftBank Vision Fund to cut one-third of staff in tech downturn

Investment vehicle to shed about 150 employees as deal-making slows

30 September 2022
Australia-based Investible says it has put money into eight startups focused on decarbonization across sectors such as logistics and agriculture. (Source photos by AP and screenshot from Investible's website) 
DealStreetAsia

Australia's Investible eyes 'novel tech' for climate fund

Has invested in companies including an electric-aircraft motor startup

30 September 2022
People walk near Blackstone's headquarters in New York. The private equity giant is looking to invest in well-located but undermanaged properties in Asia under a "buy-fix-sell" strategy.
DealStreetAsia

Blackstone pulls in $7.8bn for Asia real estate fund

Vehicle will invest in both residential and commercial property

29 September 2022
Singapore-based Affirma Capital says it oversees more than $3.5 billion in assets, investing in buyout and growth opportunities across emerging markets in Asia, Africa and the Middle East. (Source images by Akira Kodaka and from Affirma Capital website)
DealStreetAsia

Singapore's Affirma targets first Southeast Asia-focused fund

Sources say investment vehicle would also cover India

28 September 2022
Singapore's Temasek Holdings has led a round of funding for startup Well-Link Technologies, which helps console makers and other clients with cloud tech. (Source photos by Reuters)
DealStreetAsia

Singapore's Temasek leads $40m funding for China cloud-tech startup

Well-Link plans to use fresh capital to develop both software and hardware

27 September 2022
Indonesia's stock market has seen several listings by hospital chains in the last few years. Primaya Hospital looks set to join them. (Source photo from Primaya hospital website)
DealStreetAsia

Indonesian hospital chain Primaya targets IPO this year

Company has 15 facilities across the Southeast Asian nation

26 September 2022