Edition #211, 27 Sep 2022 Share Dear Reader, Thai food delivery startup LINE MAN Wongnai on Monday announced raising $265 million in a Series B funding round co-led by Singapore sovereign wealth fund GIC and Japan’s LINE Corporation. The financing pushed its valuation beyond the vaunted $1 billion mark…

Edition #210, 22 Sep 2022 Share Dear Reader, Singapore-based energy efficiency solutions provider bbp, formerly known as Barghest Building Performance, secured S$4.9 million ($3.5 million) from existing backer KKR & Co last week. The company, which rebranded itself in July, will receive the money from the private equity…

Edition #209, 20 Sep 2022 Share Dear Reader, Partipost, a Singapore-based crowd influencer marketing, and commerce platform, allotted preference shares worth more than $10 million last week. Recipients include iGlobe Partners, Pavilion Capital, zVentures, SPH Ventures and Quest Ventures. Earlier last year, the startup secured $5 million in…

Edition #208, 15 Sep 2022 Share Dear Reader, Fintech firm Fazz, formerly known as FAZZ Financial Group, on Wednesday announced it has secured $100 million in a Series C round that comprised equity and debt financing. The announcement confirmed a DealStreetAsia report in June on the startup’s plans…

Edition #207, 13 Sep 2022 Share Dear Reader, Fazz Financial Group, the parent company of Indonesian fintech firm PAYFAZZ and Singapore-based payments infrastructure provider Xfers, received $7.3 million last week from investors, including EDBI, ACE & Company, and Michael Seibel. The fundraising is part of the company’s…

Edition #206, 8 Sep 2022 Share Dear Reader, India and Singapore-based fintech startup Klub, which provides growth financing to digital brands, received $10 million in fresh funding this week from investors, including 9Unicorns and return backer Surge. In 2021, the company had raised $20 million in seed funding…

Edition #205, 6 Sep 2022 Share Dear Reader, Indonesian logistics startup Waresix received $16 million from Singapore state investor Temasek Holdings last week as part of a Series B1 round. The latest financing was led by Tiger Global Management and backed by venture capital firm East Ventures. The…

Edition #204, 1 Sep 2022 Share Dear Reader, Southeast Asian e-commerce company Lazada received fresh funding of $912.5 million from parent company Alibaba Singapore this week, show regulatory filings. The latest capital injection follows a $378.5 million investment by Alibaba in May and brings Lazada’s year-to-date funding to…

Edition #204, 1 Sep 2022 Share Dear Reader, Southeast Asian e-commerce company Lazada received fresh funding of $912.5 million from parent company Alibaba Singapore this week, show regulatory filings. The latest capital injection follows a $378.5 million investment by Alibaba in May and brings Lazada’s year-to-date funding to…