The round was joined by VentureTECH, Gobi Partners, 500 Startups, and Axiata Digital Innovation Fund. NewsMalaysia-headquartered drone tech Aerodyne raises USD 30 million in Series B led by InterVest/Kejora1 min read
The top player in China’s online literature business steps up to win overseas readers. NewsChinese Star Wars fans stay tuned: China Literature to release e-books under tie-up with Disney2 mins read
The startup offers technologies that enhance security and convenience for residents in gated premises. NewsIndian security startup MyGate bags USD 56 million from Tencent, Tiger Global, others2 mins read
A niche market with no dominant players. NewsShanghai-based Xiaopangxiong, an e-commerce platform hosting home decoration materials, raises USD 18.3 million in Series B2 mins read
The target is to maintain 10 million daily active users by the year’s end. NewsQutoutiao’s free novel platform Midu raises USD 100 million in Series B amid suspension1 min read
India’s Startup Investment Climate blows hot and cold due to complex factors. NewsIndian VC investments gravitating towards late stage rounds: Venture Intelligence Report3 mins read
This will accelerate Insignia’s focus on early-stage technology in Southeast Asia. NewsSingapore’s Insignia Ventures Partners closes second fund with USD 200 million1 min read
The company has created a cryptocurrency that might change how user data is managed in the travel industry. InsightsTravel startup Triip.me wants to ‘pay’ you for your user data: Startup Stories5 mins read
Shuttl claims daily ridership of 100,000 rides across six Indian metros. NewsSequoia-backed Indian bus aggregator Shuttl clocks over USD 14 million in revenue2 mins read
Other sectors to look out for are fintech, edtech and healthcare tech Q&AE-commerce and ride-hailing are the fastest growing sectors in Southeast Asia and Indonesia, says Google Indonesia head5 mins read
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