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News Roundup: Indonesia’s mPOS firm Cashlez to raise US$6M via IPO to acquire IT firm


Finance Medtech startup Biolidics plans to raise US$2.2M to fuel expansion Singapore-based medical tech firm Biolidics has shared its plans to raise UD$2.2 million from a share placement exercise for business expansion and to pursue new opportunities. DealStreetAsia reports that the company plans to issue 17,858,000 new ordinary shares at an issue price of S$0.175 […]

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Why Korean investors are getting attracted to Southeast Asia


Southeast Asia (SEA), with over 650 million population and a thriving startup ecosystem, is one of the global growth engines. Investors from around the world have been making big bets on young ventures in the region for quite a few years. While the region’s startup industry keeps on attracting massive funding from investors across the […]

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Torch & Everwise merge into affordable exec coaching for all


While companies might pay for a CEO coach, lower level employees often get stuck with lame skill-building worksheets or no mentorship at all. Not only does that limit their potential productivity, but it also makes them feel stagnated and undervalued, leading them to jump ship. Therapy…err…executive coaching is finally becoming destigmatized as entrepreneurs and their […]

AMTD Digital to acquire Singapore’s insurtech startup PolicyPal


AMTD Digital, a digital finance arm of Hong Kong-based AMTD Group, announced today that it will acquire a controlling stake in Singapore-based insurtech startup PolicyPal. In a press statement, the company stated the acquisition “deepens” its plan to build a Southeast Asian fintech platform headquartered in Singapore. AMTD Digital did not share financial details. It […]

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The future of startup management lies in spontaneity


“One of the core problems with management,” says Rhys Marc Photis, the founder of the management consultancy GPi, “is [that] it manifests itself in the experiences people have gone through as employees and managers themselves.” When a startup begins to grow, it needs to put in hierarchical levels and formalise things. When that happens, it […]

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HashiCorp soars above $5B valuation in new $175M venture round


The rise of the cloud over the past decade has forced software developers and DevOps engineers to completely rearchitect the modern web application, ensuring scalability, performance, and security. That’s a really painful proposition when done manually, which is where HashiCorp comes in to play. The company’s suite of products helps everyone in the tech workforce […]