Startups

Startups in Asia

Asia Startup News publishes only the most insightful articles selected by the most trusted experts in the asian startup scene.

Top news of the week: 10.01.2023.

#GCC
#technology
#tech
#funding
#SOSV
#OrbitStartups
#invest
#gulf
#digitization
#startups

@OrbitStartups shared
On Jan 10, 2023
" #GCC has fewer people compared to other #markets but the spending power is much higher. Adoption of #technology hasn’t followed the money and the level of #digitization is still quite low." @williambaobean talks about why we #invest in GCC https://t.co/1wZ6g4bVIk https://t.co/nfScgL2Pis
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William Bao Bean, of SOSV and Orbit Startups, on running a business in the GCC region

William Bao Bean, of SOSV and Orbit Startups, on running a business in the GCC region

In a conversation with YourStory Gulf Edition, William Bao Bean, General Partner at SOSV and Managing Director of Orbit Startups, talks about Orbit Startups and the plans the fund has for ...

@StartupReport shared
On Jan 6, 2023
Rural commerce #startup VilCart raises $13M in Series A round https://t.co/pcrYtrbGnZ
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Rural commerce startup VilCart raises $13M in Series A round

Rural commerce startup VilCart raises $13M in Series A round

VilCart will utilise the capital for the purpose of operations and business development, the company’s regulatory filing with the Registrar of Companies (RoC) noted.

@ycombinator shared
On Jan 6, 2023
Congrats @maryadamanishi, @atShourya, and team @thefelloapp on the $4M raise! Fello's (YC W22) game-based savings & investment app enable India's Gen-Z and young millennials to save, play and earn more than a traditional savings bank account: https://t.co/FtWbXGD1G3
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Gamified fintech startup Fello raises $4M led by US-based Courtside Ventures

Gamified fintech startup Fello raises $4M led by US-based Courtside Ventures

The startup will use the funds to develop unique gamified financial products, hire talent across functions, and expand its user base in Tier I and II cities of India.

@YourStoryCo shared
On Jan 6, 2023
Here are some of the top stories we cover today on our platform. ▪️ Nadella praises India’s digital push ▪️ UpScalio trims workforce ▪️ Indian startups’ gold rush https://t.co/12mXosxkSU https://t.co/0VASxcvBBn
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Satya Nadella praises India’s digital push

Satya Nadella praises India’s digital push

Speaking at a fireside chat at the Microsoft Future Ready Technology Summit in Bengaluru, Chairman and Chief Executive Officer, Satya Nadella said that the emphasis on building digital ...

@kristieneo shared
On Jan 5, 2023
Northstar ropes in GIC as anchor investor for debut VC fund, hits first close at $90m https://t.co/XtxQGpZamu via @DealStreetAsia
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Northstar ropes in GIC as anchor investor for debut VC fund, hits first close at $90m

Northstar ropes in GIC as anchor investor for debut VC fund, hits first close at $90m

The company expects a $120m second close in Q1 2023 and a $150m final close by mid-2023.

@wadekwright shared
On Jan 6, 2023
Semiconductor-related funding in December 2022: "December saw 6 rounds of $100M or more. The largest...half-billion dollars...in China." https://t.co/3qfcVLJjNP #technology #technews #semicon #semiconductors #chipsact #tech
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Startup Funding: December 2022

Startup Funding: December 2022

Wafer manufacturing and GPUs draw investment; 106 companies raise $2.8B.

@davemcclure shared
On Jan 6, 2023
RT @amyrlewin: All the VC fund of funds in Europe, listed for *we think* the first time — https://t.co/1L27F2e6jI
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All the VC fund of funds you need to know in Europe

All the VC fund of funds you need to know in Europe

Europe is seeing a growing number of VC fund of funds — and VCs with fund of funds strategies — as the ecosystem matures.

@staronline shared
On Jan 7, 2023
Fintech platform MoneyLion Inc, co-founded by Malaysian Foong Chee Mun, has seen its stock crash more than 80% since its debut on the NYSE back in September 2001. https://t.co/X9JYvINa4E
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Has fintech lost its shine?

Has fintech lost its shine?

Financial technology or fintech, has been around for some time now. And yet it is not easy to find a successful global story amongst them, more so a listed one.