Monday, March 30, 2015

Mobile marketplace Duriana secures US$2.5M led by Beenos

Japanese Internet giant Beenos Asia leads US$2.5 million Series A funding in Malaysian mobile-first marketplace Duriana Fresh round brings the total funding raised to date to approximately US$3.5 million. Funding to*be used for product enhancement, integration of additional payment and logistics options, and also to scale market presence Malaysia-based mobile marketplace Duriana has secured US$2.5...

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Singapore venture builder Hatcher announces US$100M venture fund

The fund will focus primarily on later-stage fin-tech*and IT investments seeded by Hatcher Singapore-based venture builder platform*Hatcher has announced the*launch of the Hatcher Fund, an early-stage venture fund with a target size of US$100 million. The Hatcher Fund will be advised by Hatcher and operated by Gateway Investment Management Services, a fund management firm based...

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Israel’s Emu is one app to be integrated into Facebook Messenger

At Facebook’s F8 developers’ conference, the company announced 40 app developers that will be integrated with Messenger. Emu, a two-week old app, is one of the lucky few At Facebook’s F8 developers’ conference last Wednesday, the company made a dramatic*announcement. Facebook is transforming its Messenger app into a platform, enabling “developers to easily build apps...

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Livspace acquires design community marketplace DezignUp

The acquisition comes three months after Livspace nabbed US$4.6 million in Series A funding Livspace, an India-based online marketplace for personalised home interior design and décor, has acquired DezignUp, an online community and marketplace for consumers and design professionals. With the acquisition, Livspace will be able to offer more choice to homeowners, who can discover...

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Echelon TOP100: PawnHero and FlipTrip win at Philippines Qualifier

Online pawnshop PawnHero was the Judges’ Choice, while online travel platform*FlipTrip walked away as the Peoples’ Choice at the Philippines Qualifier of Echelon’s TOP100 Startups Our search for Echelon Asia Summit’s Top 100 startups continued in Manila, Philippines on March 24 at A SPACE. With a laid back vibe, attendees sat on beanbags for the...

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ScholarDeck is streamlining Malaysia’s scholarship space

The team of four Co-founders, with an average age of 21, have been incubated at the Living Lab Accelerator programme in Cyberjaya since*February Malaysia has a problem. It’s difficult for students in the country to find scholarships at home and the broader region via a super simple interface. The Malaysian government has its own*platform launched...

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Thai game studio Sinoze raises US$750K from Intouch Holdings

Sinoze is a Thai mobile game developer specialising in casual mobile games Funding*has come from Intouch Holdings’*venture capital arm InVent Monies*will go towards*marketing, product*development*and international expansion Thailand-based Intouch Holdings, through its venture capital arm InVent, has invested in*Thai game studio*Sinoze.*The funding amount is to the tune of US$750,000. Monies will be channeled towards introduction of...

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