NewsIsraeli-founded software firm WalkMe files for IPO at USD 2.5 billion valuationWalkMe counts more than 30% of Fortune 500 companies as its clients. 2 mins read
Besides Carro, Malaysia’s Carsome is reportedly raising new funding that will lead to a USD 1 billion valuation. NewsCarro’s unicorn status intensifies competition between Southeast Asia’s car marketplaces4 mins read
Progcap competes with SoftBank and Alibaba-backed Paytm, Walmart-owned PhonePe, and Coatue Management-backed BharatPe. NewsTiger Global and Sequoia India lead USD 25 million round in lending startup Progcap2 mins read
Tencent is ramping up investments even as regulators scrutinize big tech. NewsTencent stakes its future on ‘Penguin Island’ global headquarters2 mins read
Southeast Asia battles for top professionals as its digital prominence grows. NewsIndonesia startups stand out in ASEAN by leaning on bonus pay4 mins read
Vianai develops “human-centered AI” that amplifies human judgment for more impactful decisions and results in business processes. NewsAI platform Vianai Systems raises USD 140 million Series B from SoftBank and others2 mins read
The total wealth held by Indian ultra-high net worth individuals will also grow to over USD 700 billion by 2024, as compared to USD 440 billion in 2019. NewsIndian family offices to invest USD 30 billion in local startups by 20243 mins read
Chinese names take nine of the top ten spots in Asia, with Coupang as the sole exception. NewsTikTok rival Kuaishou takes market cap crown among new IPOs2 mins read
Xiaomi participated in Zhuanzhuan Group’s latest round, as the startup hopes to synergize with Xiaomi’s position in consumer electronics. NewsSecondhand retailer Zhuanzhuan Group bags USD 100 million Series D1 from Xiaomi and others2 mins read