Singapore VC SeedPlus closes U$18M for first fund, previous investors include World Bank unit and SGInnovate

SeedPlus is the early stage fund and will focus on deals in the US$360,000...


AI startup Nramai helps detect breast cancer using a zero radiation, non-contact solution; receives seed funding

Niramai’s overall hardware-software solution is portable and uses Big Data...


Bike-rental startup ofo lands series D+ backed by Alibaba’s Ant Financial

The announcement came less than two months after ofo secured a US$450 million...


Indian budget hotels booking startup OYO Rooms close to raising US$250M led by SoftBank: Report

SoftBank was looking to infuse a whopping US$500 million in this round, but...


Myanmar fintech company ONGO receives backing from National Bank of Canada; aims to boost country’s cashless transactions

ONGO will be able to take advantage of the country’s rapidly growing...


Gobee.bike launches in Hong Kong, raises seed funding led by Swiss Founders Fund

Starting with over 1,000 smart bicycles, Gobee.bike aims to grow to 20,000...


Uber for Myanmar, Hello Cabs, raises funding and will compete with Grab and Go-Jek

Nay Min Thu, founder of iMyanmar Group, made an investment of 7-digits in Hello...


Wassup Laundry buys out now defunct Doormint in equity swap with investors Kalaari, Helion

Doormint, an on-demand laundry service in India that had raised US$3...


U-Parking raises US$1.7M Series A led by Gobi Ventures, aims to help China finds parking space

U-Parking aims to solve the common issues faced by commuters searching for a...


Paytm in talks to raise up to US$2B from SoftBank; looking to buy FreeCharge from Snapdeal

With this all-cash deal, the Indian m-commerce and mobile payments...