The Daily Scrum - Asian Startup and Tech News

For today's headlines: Southeast Asia's tech ecosystem breaks funding records in 2023 with credible industry and other startups leading the way. Full story HERE Philippine government and private sector embrace Web3 despite crypto winter  Ant Group Digital Technologies unveils Web3 developments at Singapore Fintech Festival Have a story you want us to cover? Please hit us up at  pr@hustle...

For today's headlines: Handprint emerges victorious in tech in Asia's Startup Arena 2023 TikTok considers investment in Indonesia's GoTo to reinvigorate online shopping Antler secures $2 million funding to support startups across Singapore and Indonesia BotLab Dynamics , the startup behind the spectacular drone show at the World Cup final Have a story you want us to cover? Please hit us up at&nbsp...

For today's headlines: PropertyGuru reports Q3 net profit of $224,022 Wavemaker partners leads $1.5m seed+ funding round for India's leading faith-tech start-up, VAMA Singapore's iFAST unveils digital hub in Malaysia Klook elevates innovation at scale through Google Gloud's generative AI Have a story you want us to cover? Please hit us up at  pr@hustleshare.com This episode is brought to you...

For today's headlines: Scapia secures $23 million in funding round led by Elevation Capital, 3STATE Ventures, and other investors Astra Financial and WeLab unveil digital banking services in Indonesia 74% of PH startups voice concerns over government's insufficient support Electric mobility startup BaaZ Bikes secures $8 million funding led by BIG Capital Have a story you want us to cover? Please h...

For today's headlines: XREX Singapore secures in-principle approval for major payment institution license from MAS Ecommerce SaaS company Unicommerce sets sights on IPO in second half of 2024 Japan to establish $6.7 billion JAXA fund for space industry development Philippines signed $400 million partnership to improve internet in remote areas Have a story you want us to cover? Please hit us up at&...

For today's headlines: Malaysia and Singapore launch cross-border real-time payment systems connectivity Malaysia's unicorn Carsome cutting "hundreds of jobs" to reach profit - report Binance  Labs invests in $ARKM token to support on-chain insights at scale across the blockchain ecosystem Jazzcash and Fatima Gobi Ventures team up to boost startups in Pakistan. Full story HERE Have a story yo...

For today's headlines: Industry partners with MAS to create generative AI risk framework for financial sector Payu sets sights on B2B payments and credit strategies with new leadership Indonesia anticipates a 70% to 80% drop in venture capital deal value in 2023 Have a story you want us to cover? Please hit us up at  pr@hustleshare.com This episode is brought to you by  Podmachine To sup...

For today's headlines: JCorp funds $1.74 million in Singapore agritech firm Archisen Sea Limited surprises with $144million net loss in Q3 despite revenue growth Grab Holdings president Ming Maa to depart by April 2024 Singapore cryptocurrency exchange firm Crypto.com gets Dubai license Have a story you want us to cover? Please hit us up at  pr@hustleshare.com This episode is brought to you b...

For today's headlines: Climate funds surge into Southeast Asia for investment opportunities Razorpay's 'reverse flip' to India could involve $300 million tax payment in US etaily raises $17.8 million in series a funding Grab-backed GXBank unveils beta bank app Have a story you want us to cover? Please hit us up at  pr@hustleshare.com This episode is brought to you by  Podmachine To suppo...

For today's headlines: DiDi achieves initial quarterly profit since 2021 amid easing regulatory challenges Walkme takes SaaS company Whatfix to court PetPal aims to develop a 'superapp' for the $1.6b pet care market in Southeast Asia Have a story you want us to cover? Please hit us up at  pr@hustleshare.com This episode is brought to you by  Podmachine To support Hustleshare, please subs...

For today's headlines: Grab makes history with first profitable quarter , posting $29 million adjusted EBITDA Indonesian startup Plana wins top spot in KOREA-ASEAN business model competition for SDGS Airwallex experiences explosive growth in Singapore, recording over 1,200% in revenue surge Angkas empowers riders with innovative programs , bolsters community bonds Have a story you want us to cover...

For today's headlines: Dat Bike unveils affordable electric scooter to drive green mobility uptake in Vietnam BondbloX raises $6 million in series b funding to scale its bond exchange platform Japan considers $13 billion in aid for chips and generative AI in stimulus budget Analyst sees challenges for Malaysia to embrace electric vehicles. Full story HERE Have a story you want us to cover? Please...

For today's headlines: Embedded finance takes center stage in the Philippines' revitalized digital transformation efforts. Full story HERE Wishcare secures funding from Unilever Ventures for personal-care brand Yamaha Motors announces strategic investment in ridesharing startup Royal Brothers Thailand's SCG ’s IoT unit, powered by Tuya Smart, eyes China market Singapore's Studio 30 50 launches ope...

For today's headlines: Swarm raises $1.1 million from Hustle Fund, Plug and Play and Angels. Check our Dexter’s Founders Only episode HERE Wavemaker and Liftt collaboratively lead a $4.7 million investment round in Entropica Flipkart billionaire founder Binny Bansal set to unveil a covert AI startup Home decor startup Vaaree raises $4 million in round led by Peak XV’s accelerator programme Surge I...

For today's headlines: The Sandbox announces a new $100 million Sand Game maker fund ,  Malaysia’s Zetrix launches cross border supply chain financing pilot with Chinese banks Udaan , the e-commerce startup, is streamlining its expenses in preparation for its IPO in 2025 Philippines ranked as 7th fastest-growing remote work hub worldwide Have a story you want us to cover? Please hit us up at&...

For today's headlines: Singapore based Clay Capital announces $145 million global fund Thermalytica wins Slingshot 2023 , bags $150k+ Engine Biosciences gets $27 million Series A extension Radiant1 raises funding for its AI solution that helps hotels maximise revenue Have a story you want us to cover? Please hit us up at  pr@hustleshare.com This episode is brought to you by  Podmachine T...

For today's headlines: SPH Media agrees to acquire Tech in Asia Funding Societies raises $7.5 million in debt from Norfund Indonesian pet food company Compawnion has secured new funding led by East Ventures Japan's Mitsui invests $58 million in ADA via Axiata digital, valuing ADA at $550 million Have a story you want us to cover? Please hit us up at  pr@hustleshare.com This episode is brought...

For today's headlines: Southeast Asia's digital economy is set to surpass $100 billion in revenue this year VE Technology Group secures $21.9 million in funding Funding into mental health startups takes a hit globally MoMo and Grab have announced a partnership in Vietnam to integrate MoMo's payment solution into the Grab app. Have a story you want us to cover? Please hit us up at  pr@hustlesh...

For today's headlines: Talino Venture Studios obtains $5 million to advance financial inclusion in emerging economies. Vircle , based in Malaysia, secures funding to support parents in nurturing financially literate children. Singapore-based REDEX secures $10 million in series A funding, with lead investment from Aramco Ventures. Aequs , an Indian company, secures $54 million in a funding round sp...

For today's headlines: PasarPolis , set to disrupt the insurance industry across Southeast Asia TikTok and Youtube, are exploring the possibility of applying for E-commerce licenses in Indonesia Curlec by Razorpay acquires payment license from bank Negara Malaysia eTap’s 2nd gen eyes regional expansion with end-to-end fintech solutions Have a story you want us to cover? Please hit us up at  p...

For today's headlines: J&T express makes historic debut on Hong Kong stock exchange Indonesian tech firm Bukalapak reports impressive third quarter results Singapore-based car-sharing marketplace Drive lah secures $5 million investment Have a story you want us to cover? Please hit us up at  pr@hustleshare.com This episode is brought to you by  Podmachine To support Hustleshare, pleas...

For today's headlines: Youtrip secures $50 million in Series B funding to expedite regional growth in Singapore Indonesian startup Kopital Ventures raises $12 million in inaugural funding round Circulate Capital joins Algenesis's $5 million seed round to support bio-based plastic innovation Have a story you want us to cover? Please hit us up at  pr@hustleshare.com This episode is brought to y...

For today's headlines: Singapore-based Qosmosys reveals $100 million in seed funding Hextar Technologies enters the fintech realm with the launch of a mobile super app Exponent , an electric vehicle firm, seeks to raise $25 million with a valuation in the range of $100-120 million Have a story you want us to cover? Please hit us up at  pr@hustleshare.com This episode is brought to you by&nbsp...

For today's headlines: India's GigaML secures $3.6m in seed funding led by Nexus Venture Partners Singapore's Inteluck raises $34 million in Series C funding, with Navegar at the helm Thailand's ambitious goal: cultivating 10,000 new startups to drive innovation Have a story you want us to cover? Please hit us up at  pr@hustleshare.com This episode is brought to you by  Podmachine To sup...

For today's headlines: Alipay+ partners LankaPay to enhance digital travel experience to and from Sri Lanka Singapore's Protolabs raises $2.2m in oversubscribed seed round Singaporean insurtech Bolttec h collaborates with Three Sweden for device protection Have a story you want us to cover? Please hit us up at  pr@hustleshare.com This episode is brought to you by  Podmachine To support H...