DealStreetAsia

Insignia Ventures joins a growing list of VC specialists targeting investment in Southeast Asia. (Source photos by AP and screenshot from Insignia Ventures Partners' website) 
DealStreetAsia

Singapore's Insignia Ventures Partners readies third venture fund

Firm could raise $250m, will target tech investments in Southeast Asia

28 July 2022
Chinese technology giant Alibaba is increasingly turning to Indonesia.
DealStreetAsia

Alibaba to invest over $100m in Indonesia-listed Smartfren Telecom

Chinese tech major facing intense regulatory scrutiny at home

28 July 2022
TNG Digital operates Malaysia’s largest e-wallet company, Touch 'n Go. (Screenshot from Touch 'n Go Facebook page)
DealStreetAsia

Malaysia's TNG Digital secures $168m in Lazada-led funding round

Nation's largest e-wallet company is looking to expand

26 July 2022
The venture capital arm of Thailand's Kasikornbank plans to raise $50 million to $100 million from its parent. (Screenshot from Beacon VC website)
DealStreetAsia

Thai bank's VC unit to boost capital pool by up to $100m

Beacon VC to invest funds from parent, KBank, in tech startups

25 July 2022
Atlas will use most of its capital to invest in U.S. climate tech companies that have a mandate to expand to Southeast Asia. (Source images from Reuters and Atlas Capital website)
DealStreetAsia

Atlas Capital aims to net $10m for Southeast Asia climate tech fund

Retail investors will get chance to back climate technology

24 July 2022
Navis Capital manages around $5 billion in assets in Southeast Asia and adjacent economies. (Source photo from company website)
22 July 2022
China's SiEngine is looking to boost delivery of existing products as well as increase research and development of vehicle-grade computer chips. (Source photo from SiEngine WeChat page)
DealStreetAsia

Sequoia China leads $148m Series A round for auto chip maker

Startup SiEngine will use investment for R&D, increasing deliveries

20 July 2022
Pakistan's last-mile delivery startup Airlift announced the end of its operations last week. (Screenshot from Airlift Facebook page)
DealStreetAsia

Pakistan's nascent startup ecosystem grapples with Airlift demise

Last-mile delivery company announced closure last week after layoffs

19 July 2022
Harvard University's endowment fund is opening a Singapore office to help boost its investment portfolio in Southeast Asia.
DealStreetAsia

Harvard endowment fund setting up Singapore office: sources

University to use city-state as base for investment in Southeast Asia

16 July 2022
Vietnam's VNG hopes to list on the Nasdaq later this year. (Source photos by Reuters and VNG Corporation website)
DealStreetAsia

First Vietnam unicorn VNG eyes Nasdaq debut, may offer 12.5%

Gaming startup-turned-tech conglomerate will use funds to expand overseas

15 July 2022
Venture capital investor Lightspeed has raked in $500 million for a fund dedicated to India and Southeast Asia. (Source photos by AFP/Jiji and screenshot from Lightspeed's website) 
DealStreetAsia

Lightspeed raises $500m fund for India, Southeast Asia

Venture capital investors have increasingly been targeting the region

13 July 2022
With India's education technology market cooling, SoftBank-backed Unacademy has been cutting costs. (Screenshot from Unacademy's website) 
DealStreetAsia

India startup Unacademy cuts executive pay, free snacks to save cash

Educational technology sector has been cooling as brick-and-mortar schools reopen

12 July 2022
Jakarta-based online marketplace for farmers AgriAku has secured $35 million in funding to help boost its product range.
DealStreetAsia

Indonesian farmer platform AgriAku raises $35m

Online marketplace offers fertilizer, seeds, other key agricultural goods

11 July 2022
Southeast Asia's education sector was overshadowed by COVID but has quickly returned to pre-pandemic demand levels.
DealStreetAsia

Navis Capital invests $110m in education portfolio, adds Thai asset

Southeast Asian private equity firm tapping demand for 'affordable education'

10 July 2022
India's Axilor Ventures has launched its second fund, pushing to raise $100 million. (Source image from Axilor Ventures YouTube)
DealStreetAsia

India's Axilor Ventures launches $100m fund to back startups

Company started as technology incubator program in 2014

7 July 2022
China's WeDoctor provides a range of online services covering insurance policies, medical supplies, appointment booking and clinics. (Screenshot fromo WeDoctor website)
DealStreetAsia

China's Tencent-backed WeDoctor raises $150m from state investor

Investment follows IPO setback, comes as digital health care spending set to rise

6 July 2022
China's CanSemi Technology has raised around $672 million to fund the construction of new facilities and expand its production.  (Screenshot from CanSemi website)
DealStreetAsia

China chipmaker CanSemi raises $672m to boost output

Company wants to build new production facilities to supply south of country

5 July 2022
India's Iron Pillar is raising cash as it sees big global opportunities for startups built in India. (Source photos by Iron Pillar website and Kosaku Mimura)
DealStreetAsia

Tech-focused Indian investor Iron Pillar in talks to raise $400m

Venture capital firm looking to boost investment in nation's startup ecosystem

4 July 2022
Indonesian ride-hailing service Gojek's venture arm Go-Ventures is on track to close its $200 million second fund by the third quarter. (Photo by Ken Kobayashi)
DealStreetAsia

Indonesia's Go-Ventures aims at closing second $200m fund in Q3

Gojek's venture arm hopes to lure sovereign wealth funds, tech companies

1 July 2022
Indian edtech company Toppr has laid off 300 workers. (Screenshot from Toppr Youtube)
DealStreetAsia

Indian edtech Byju's lays off staff at another subsidiary

Toppr axes 300 employees even as parent eyes $1bn U.S. acquisition

30 June 2022
"Coding-for-kids" startup WhiteHat Jr is owned by Indian education technology company Byju's. (Source photos from WhiteHat Jr website and Kosaku Mimura)
DealStreetAsia

Indian edtech startup WhiteHat Jr, owned by Byju's, fires 300

Online market Udaan also lays off 180 employees as startup sector woes continue

29 June 2022
Vietnam's Loship delivers everything from coffee to medicine. (Source photo from Loship website)
DealStreetAsia

Vietnam delivery startup Loship said to be seeking debt financing

Move marks shift from previous equity funding plans at 'uncertain time'

28 June 2022
Bangladesh is one of the most fragmented retail markets in Asia, relying on neighborhood shops across the country that ShopUp wants to get online. (Photo courtesy of ShopUp)
DealStreetAsia

Bangladesh tech startup ShopUp nets $65m in new funding

Peter Thiel's Valar Ventures leads latest round for mom-and-pop platform

27 June 2022
Pine Labs' platform enables it to offer a wide range of payment acceptance and merchant commerce solutions. (Screenshot from Pine Labs website)
DealStreetAsia

India's Pine Labs to buy fintech startup Setu for up to $75m

Merchant commerce platform to expand offerings beyond payments

24 June 2022
Malaysian startup RPG Commerce has more than 10 in-house international brands, including apparel brand Thousand Miles. (Source images from RPG Commerce Instagram and website)
DealStreetAsia

Malaysian direct-to-consumer startup RPG Commerce raises $29m

Company will use funds to expand talent pool, brand lineup

23 June 2022