Ajaib claims that the total amount makes it the largest series A round in Southeast Asia.
Tech in Asia
Indonesia’s fintech sector, CXA Group shuts down Vietnam tech hub, and other top stories this week
Momenta, Dream Sports, Orca Security, and more raised funds this week.
Funds raised from the round will be used to expand Five Star's lending business and to provide financing solutions to India’s small businesses.
Joyy reported US$578 million in revenue for the last quarter of 2020, but this excludes YY Live, which was sold to Baidu in October.
Mega deals involving Grab, Bukalapak, and Traveloka as well as Gojek and Go-Pay accounted for about 50% of the year's total investment volume.
RedDoorz’s growth trajectory amid the pandemic, and Tencent’s US$19.5b profit
The firm closed down due to regulatory issues and will roll out a “better product in the future," the report noted.
Southeast Asia’s largest internet company has been making headlines. Here’s what’s up.
To build a successful platform, businesses must first reassess their traditional ideas about user engagement.
Great Wall may announce its partnership with Xiaomi to offer engineering consultancy services as early as next week.
The People’s Bank of China director said that the digital currency will serve as a back-up to existing mobile payment players in the country.
Called Trex Ventures, the new entity aims to create financial products and services for travelers and lifestyle consumers in Thailand.
It’s not enough to roll out the latest features - rigorous testing is needed too.
The latest investment comes one month after the company raised US$6.1 million in a funding round led by Reckitt Benckiser.
Digital yuan trials were previously conducted via lottery, and only the lucky few could get their hands on it.
The round is expected to boost Byju's valuation to as much as US$15 billion.
Being adept at interviewing people is not only useful at work, but it’s also a good life skill to have.
A remarkably untapped ecommerce market gives young startup Ula the confidence to adopt a time-consuming approach to build a base in Indonesia.
Going forward, Yoan Kamalski will assist with Hmlet's partnership and fundraising activities.
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