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Funding Societies co-founders Reynold Wijaya and Kelvin Teo. Imgge credit by Image Credits: Funding Societies

Funding Societies, a Southeast Asian lending platform, gets $25M Series B led by Softbank Ventures Korea

Funding Societies co-founders Reynold Wijaya and Kelvin Teo. Funding Societies, a peer-to-peer lending platform in Southeast Asia, said today that it has raised a $25 million Series B led by Softbank Ventures Korea, the Japanese tech conglomerate’s early-stage venture capital unit. The round included returning investors Sequoia India, which led the Singapore-based startup’s Series A

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OrangeTee & Tie managing director Steven Tan, Second Minister for National Development Desmond Lee and Carousell co-founder and CEO Quek Siu Rui at the OrangeTee & Tie Business Conference on Friday.  PHOTO: ORANGETEE

OrangeTee & Tie teams up with Carousell on property listings

 Singapore ORANGETEE & Tie, Singapore’s third-largest property agency by sales force, has tied up with homegrown Carousell to add the property listings and reviews of its more than 4,000 agents to the online marketplace. The collaboration comes on the heels of the launch of SoReal Prop last week, an online platform initiative led by top

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Grana is opening a pop-up store in Singapore for 4 weeks

Shopaholics, it’s time to loosen your purse strings. Minimalist brand Grana is opening a pop-up store in the quaint neighbourhood of Tiong Bahru for 4 weeks starting from March 4.   The pop-up store will carry its newest Spring/Summer collection as well as Grana’s best-selling classic styles in Chinese silk, Peruvian pima cotton, Japanese denim, French linen and

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Block chain

Omise and ETDA Sign MoU to Improve Thailand’s Digital ID Program

Omise, the popular blockchain-oriented company, recently signed a Memorandum of understanding with ETDA. This Thai government agency will collaborate with Omise on building a national eKYC portal. It is the first venture of its kind to become available in Thailand. Both entities will focus on exchanging information, experience, and technical information. This MoU was signed by both parties in

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Marketplace for elderly care raises funding from prominent VCs

As tech startups turn toward the healthcare space, one particular segment of the population stands to benefit the most: the elderly. Aging population is one of Singapore’s key demographic problems – 12.4 percent of the city-state’s 5.5 million people were over 65 in 2016, up from 8.4 percent a decade before. Many of these senior citizens require

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Indonesia’s Printerous raises $1.4M to digitize traditional printing

Printerous, an Indonesia startup that is bringing the country’s printing industry into the digital era, has raised $1.4 million. The round was led by Golden Gate Ventures with participation from U.S. firm Sovereign’s Capital and Indonesian conglomerate Gunung Sewu Kencana. The two-year-old company is using the internet to make traditional printing more efficient and convenient. Printerous started

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Avoid these mistakes that doom many start-ups

Runaway start-up successes such as Alibaba and Uber have prompted big dreams from Silicon Valley to Beijing. But before quitting your day jobs, checkout this list of common mistakes below. Golden Gate Ventures, an early-stage venture capital firm that invests in Southeast Asian startups, partnered with INSEAD business school to issue a report outlining some of the

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Singapore-based 99.co launches its official entry to the Indonesian market

99.co has been operating in the Indonesian market since 2015, but back then their business activities were focussed on research and market analysis Property listing site 99.co debuts its international expansion by making its official launch in the Indonesian market on Monday. Founded in Singapore in 2014, the startup has been operating in the Indonesian market since

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