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Posts Tagged ‘malaysia’

Caregiving startup Homage raises Series B to enter new Asian markets

In many countries, an aging population coupled with a low birth rate is increasing the demand for qualified caregivers. In Asia, the need is especially urgent because rapid demographic shifts and changing social structures means family members who traditionally cared for relatives are unable to because they need to work or live far away. Homage ...

Razer goes big on payments with Visa prepaid card

The latest pairing between a tech upstart and a financial titan is a digital prepaid card targeted at Southeast Asia’s 430 million-plus unbanked and underserved population. On Monday, Razer, the Singapore-based company best known for its gaming laptops and peripherals, announced a partnership with Visa to develop a Visa prepaid solution. The service, which allows ...

GuestReady raises $6M to help hosts on Airbnb and other services manage their property

GuestReady, a three-year-old service that lets shared-economy hosts manage their business on Airbnb and other rental sites, has announced a $6 million Series A round. The investment was led by existing backer Impulse VC — the Russian fund that is backed by billionaire Chelsea FC owner Roman Abramovich — and new addition VentureSouq from Dubai. Other ...

Malaysia’s last surviving male Sumatran rhino has died. Here’s why that’s important.

05.28.2019 · Posted in Technology Articles

Tam, the last surviving male Sumatran rhinoceros in Malaysia, has died, making the future of the species look particularly grim.  According to Reuters, Tam was about 30 years old, and since being captured in 2008, spent his days inhabiting a wil... ...

Alibaba-backed ****** recognition startup Megvii raises $750 million

One of China’s most ambitious artificial intelligence startups Megvii, more commonly known for its ****** recognition brand Face++, announced Wednesday that it has raised $750 million in a Series D funding round. Founded by three graduates from the prestigious Tsinghua University in China, the eight-year-old company specializes in applying its computer vision solutions to a ...

Brankas wants to bring Southeast Asia’s banks and e-commerce into the digital era

Fintech continues to be among the biggest topics driving startups and investment in Southeast Asia. The region’s ‘internet economy’ is forecast to grow massively as its 600 million people increasingly come online — already Southeast Asia more internet users (350 million) than the U.S. has people but developing a robust payment landscape underpins those heady ...

Samsung Ventures’ first investment in Southeast Asia is HR startup Swingvy

Samsung Ventures, the VC arm of the Korean electronics giant, has made its first investment in Southeast Asia after it backed HR startup Swingvy. Singapore-based Swingy’s service provides HR services, payroll and insurance for SMEs on a freemium basis. The company announced this week that it raised $7 million that was led by the Samsung ...

Grocery delivery startup Honestbee is running out of money and trying to sell

Honestbee, the online grocery delivery service in Asia, is nearly out of money and trying to offload its business. The company has held early conversations with a number of suitors in Asia, including ride-hailing giants Grab and Go-Jek, over the potential acquisition of part, or all, of its business, according to two industry sources with ...

GuestReady, a service for Airbnb hosts, doubles down on Europe with another acquisition

GuestReady, a service that helps shared economy hosts manage their business on Airbnb and other rental sites, is getting into expansion mode again after it completed its fourth acquisition. The company, which has raised $3.7 million from investors to date, just announced that it has acquired France-based rival BnbLord, a startup that it claims is ...