SingTel Innov8 – Fusion Nepal

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CXA, a health-focused digital insurance startup, raises $25M

sudshr47 March 13, 2019

CXA Group, a Singapore-based startup that helps make insurance more accessible and affordable, has raised $25 million for expansion in Asia and later into Europe and North America. The startup takes a unique route to insurance. Rather than going to consumers directly, it taps corporations to offer their employees health flexible options. That’s to say […]

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Stealthy Singapore VC firm Qualgro is raising a $100M fund

sudshr47 August 21, 2018

Southeast Asia’s venture capital space is booming right now. Openspace Ventures just announced the close of its newest $135 million fund, Golden Gate Ventures hit the first close on its upcoming $100 million vehicle, and a third Singapore-based fund is also raising big right now: Qualgro. Unlike others, Qualgro has operated relatively under the radar to […]

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Balbix raises $20M for a predictive approach to enterprise cybersecurity

sudshr47 June 27, 2018

Security breaches are a disaster for corporate companies, but good news if you’re someone who offers preventative solutions. Today in 2018, wide-ranging attacks on the likes of Equifax, Sony Pictures and Target have only added value to those charged with safeguarding companies. Balbix, one such solutions provider, has pulled in a $20 million Series B to […]

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Southeast Asia’s Carro raises $60M for its automotive classifieds and car financing service

sudshr47 May 14, 2018

Carro, an automotive classifieds service and car financing startup based in Singapore, has closed a $60 million Series B round to scale its business in Southeast Asia. The deal was co-led by SoftBank Ventures Korea, Insignia Ventures — the firm from ex-Sequoia Asia partner Yinglan Tan — and Facebook co-founder Eduardo Saverin’s B Capital Group. […]

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Southeast Asia’s ShopBack moves into personal finance with its first acquisition

sudshr47 May 8, 2018

Singapore-based e-commerce startup ShopBack came on the radar when it raised $25 million last November, and now the company is making its first acquisition. ShopBack said today it has picked up Seedly, a fellow Singaporean startup that offers a personal finance service, in an undisclosed deal. The entire team will move over and Seedly will continue as […]