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Edamama Raised 5million USD Funding For Expansion and Improvement

Edamama, an e-commerce startup platform based in the Philippines, is said to raise US$5 million in its pre-series A round. Many esteemed Filipino and global angel investors joined the round of ventures for the e-commerce platform with some of the familiar names like Gentree Fund, Foxmont Capital Partners, Robinsons Retail Holdings, Inc (RRHI), Globe Telecom, […]

Vietnam to Asses Cryptocurrency Development Through Central Bank

Nikkei Asia reported that the government of Vietnam has assigned its central bank in the R&D of its very own blockchain-based digital currency. The policy came forth in Prime Minister Nguyen Xuan Phuc’s Decision 942, which outlined the government’s approach to digitalizing the country with virtual currency based on blockchain technology by 2030. Prior to this policy announcement, […]

Malaysia AirAsia To Buy Indonesia Gojek Through A Stock Swap Deal

Tony Fernandes, CEO of Malaysia’s favorite budget airline carrier AirAsia Group, shared in a virtual press conference that AirAsia will be acquiring Gojek’s Thailand business. The process will take place through a stock exchange deal, where Gojek’s business will be bought over by AirAsia for $50 million worth of share in AirAsia SuperApp Sdn. Bhd., […]

E-commerce Startup 10club Raises $40 Million Seed Funding Led by Fireside Ventures

Thrasio style e-commerce venture 10club, a six-month-old Indian startup, said on Tuesday it has raised $40 million, in what is one of the largest seed financing rounds in the South Asian market. The round was co-led by Fireside Ventures and an undisclosed global investor. HeyDay, PDS international, Class 5 Global, Secocha Ventures, and hardware startup […]

5 Countries in Asia-Pacific Ranked in Global Startup Ecosystem Index 2021 Top 20

The Global Startup Ecosystem Index has provided valuable and comprehensive insights consistently every year on the startup ecosystem in 100 countries, and 1000 cities globally since 2017 by StartupBlink. According to the 2021 index released recently, the first Asian country to be on top of the startup ecosystem is China, skipping 7 positions to rank […]
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