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 […]
View More CXA, a health-focused digital insurance startup, raises $25MCategory: singtel
5G phones are here but there’s no rush to upgrade
This year’s Mobile World Congress — the CES for Android device makers — was awash with 5G handsets. The world’s No.1 smartphone seller by marketshare, Samsung, got out ahead with a standalone launch event in San Francisco, showing off two 5G devices, just before fast-following Android rivals popped out their own 5G phones at launch […]
View More 5G phones are here but there’s no rush to upgradeSoutheast Asia’s Grab is adding Netflix-like video streaming to its ride-hailing app
Grab is Southeast Asia’s top ride-hailing firm thanks to its acquisition of Uber’s local business last year. Its biggest competitor gone, the company is on a push to go beyond transport and become an everyday ‘super app’ and that strategy just embraced video streaming today. That’s because Grab is integrating video-on-demand service HOOQ — a […]
View More Southeast Asia’s Grab is adding Netflix-like video streaming to its ride-hailing appTwilio launches a new SIM card and narrowband dev kit for IoT developers
Twilio is hosting its Signal developer conference in San Francisco this week. Yesterday was all about bots and taking payments over the phone; today is all about IoT. The company is launching two new (but related) products today that will make it easier for IoT developers to connect their devices. The first is the Global […]
View More Twilio launches a new SIM card and narrowband dev kit for IoT developersKZen raises $4 million to bring sanity to crypto wallets
KZen, a company run by former TC editor Ouriel Ohayon, has raised $4 million in seed to build a “better wallet,” obviously the elusive Holy Grail in the crypto world. Benson Oak Ventures, Samsung Next, Elron Ventures invested. Ohayon, who has worked at Internet Lab and founded TechCrunch France and Appsfire, wanted to create an […]
View More KZen raises $4 million to bring sanity to crypto walletsStealthy Singapore VC firm Qualgro is raising a $100M fund
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 […]
View More Stealthy Singapore VC firm Qualgro is raising a $100M fundBalbix raises $20M for a predictive approach to enterprise cybersecurity
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 […]
View More Balbix raises $20M for a predictive approach to enterprise cybersecuritySoutheast Asia’s Carro raises $60M for its automotive classifieds and car financing service
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. […]
View More Southeast Asia’s Carro raises $60M for its automotive classifieds and car financing serviceSoutheast Asia’s ShopBack moves into personal finance with its first acquisition
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 […]
View More Southeast Asia’s ShopBack moves into personal finance with its first acquisition