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Malaysian e-procurement platform Dropee raises US$340k seed round led by Vynn Capital
Dropee plans to use their new proceedings to extend local coverage, introduce new products, and expand deeper into their target markets.
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Malaysia’s e-commerce startup Signature Market raises US$980k to scale regionally
RHL Ventures participated in Signature Market’s Series A, along with other investors such as the Axiata Digital Innovation Fund.
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SoftBank to invest US$44 million funding in South Korean ride-sharing startup SoCar
SoCar plans to invest its proceedings in R&D to offer better mobility services through its platform.
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KTB Securities files for Thai IPO to raise up to US$6.2 million
The IPO will comprise of 16.77 million shares at a par value of 10 baht each.
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Indonesia’s Akulaku raises US$100 million Series D from Alibaba’s Ant Financial, others
The new funding will see Akulaku deepen its ties with Alibaba’s assets in Southeast Asia.
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EZAdvance to acquire Indian digital payment startup Alconomy
Following the acquisition, Alconomy’s technology will help EZAdvance in providing digital banking services in the Philippines.
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Singapore startup Pixibo secures follow-on funding from Indonesian investors
Pixibo plans to use the additional funding capital to do retail personalization space and expand its service into the footwear category.
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Vietnam’s fitness platform WeFit.vn to raise US$1 million from CyberAgents, others
Vietnam gym class app raises US$1 million funding for new product development and to expand into new markets.
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Online Investment Startup Ajaib secures US$2.1 million from SoftBank
Ajaib will launch this weekend after four months of testing.
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Indonesia’s gadget portal Pricebook raises funding capital from Mirai Creation Fund II
Pricebook plans to use the fresh funding to further accelerate O2O Integration of its 1000+ offline sellers through its website and social media channels.
