TravelTech startup Triptease has closed a $9m Series B round led by BGF Ventures.
Entrepreneurs and venture capital firms view Southeast Asia as largely uncharted territory offering huge potential and opportunities, according a report by China Daily.
The recently-released Global Startup Ecosystem Report and Ranking 2017 by Startup Genome stirs up debate over the necessity of startups to thrive and if the startup world at large is overlooking the less obvious opportunities in a rising Asia, that is, its secondary cities.
AdAsia, a one-year-old online advertising startup based in Singapore, has closed US$12 million in Series A funding from Japanese investor JAFCO Asia, which it will use to further its expansion in North and Southeast Asia, increase headcount and enhance its product-development process.
The restaurant is rated five stars on Tripadvisor, but is the food halal? Ubud has a cute shopping district, but are there boutiques with on-trend hijabs? What about that gorgeous, lake-side hotel—does it have a prayer room? A growing consumer group, Muslims, and their growing spending power, have long been neglected in the online world, but that is rapidly …
Home-based maths-learning tutorial Cuemath is planning to expand its footprints in the international market with West Asian countries and Singapore. The idea to go global is to take on international formats of maths teaching such as Abacus and Japanese method Kumon, said founder and CEO, Manan Khurma.
Indonesian startup Snapcart has raised $3 million Pre-Series A round. The new funding round was led by Vickers Venture Partners, Wavemaker Partners and SPH Media Fund, along with participation from a consortium of market research professional angel investors.
In an all-out race with Uber and Go-Jek Indonesia PT to take hold of the Southeast Asian market, Grab has hopes to raise an additional US$1.5 billion in a new funding round backed by Japanese Softbank Group.
Gaming startups that take their cues from Chinese tech giant Tencent Holdings are on the rise in Southeast Asia, stoking investor interest in the potential for the same diversified approach to succeed in the region.
Chinese bike-sharing startup Mobike is deploying hundreds of its bikes across Singapore, the first step in an ambitious overseas expansion, as competition in the bike-sharing sector heats up, according to CNBC.com.