Singapore finance portal MoneySmart raises US$10M to boost presence in APAC

Singapore-based personal finance portal MoneySmart has raised S$14 million (US$10 million) in a Series B round led by Inc, a Japanese online service provider. Existing investors SPH Media Fund and Golden Gate Ventures also participated in the round. MoneySmart will use the fresh round of financing to boost its presence in Singapore and Indonesia, […]

June 9, 2017

Go-jek’s golden funding round from Tencent & its halo effect on the Indonesian ecosystem

The stakes just got even higher in Indonesia’s ride-hailing space with local champion Go-jek reported by TechCrunch to have raised a US$ 1.2 billion round led by Tencent Holdings Limited (Tencent) on a US$ 3 billion valuation, sending the message to Grab, “What you can raise, we will do better.” As of publication time, there […]

May 9, 2017

Rework opens second coworking space in Jakarta, launches a mobile app

Jakarta-based coworking space Rework today launched its second coworking space in the city in Kuningan, South Jakarta. The launch follows its first coworking space in Sudirman area. The new coworking space provides an open space and nine private offices, which was already fully occupied by the time the new space is launched. It also offers […]

April 28, 2017

Paktor is merging with the startup it bought to create a social entertainment company

Singaporean dating app Paktor announced today it has merged with its recent acquisition, livestreaming service 17 Media, to form M17, a company focused on social entertainment. Paktor snapped up Taiwan-based 17 Media for an undisclosed sum at the end of last year. The new company claims to have a combined team of 200 and reports […]

April 26, 2017
Summit brings together investors, startups in efforts to boost SEA ecosystem

Summit brings together investors, startups in efforts to boost SEA ecosystem

MORE than 30 venture capitalists (VCs), 50 international angel investors, and over a hundred corporates and LPs will attend the Global Ventures Summit 2017 (GVS) on April 19 to 21 in Bali, Indonesia. This event aims to boost the Southeast Asian startup ecosystem by bringing together successful entrepreneurs and investors to meet, fund and to […]

April 11, 2017