News before Jan 15, 2021

Robotic Surgery is a rising industry in China; Surgerii raises $46 million

The Robotic Surgery market is estimated to reach $6.9 billion by 2026.

Carl AdrianJan 15, 2021

Founder of Indonesia's GrabToko startup arrested for scamming customers

GrabToko is an e-commerce startup from Indonesia that sold brand new smartphones at steep discounts.

Alfred LeeJan 14, 2021

Shopee's parent company, SEA Group, has bought a bank in Indonesia

SEA Group bought Bank Kesejahteraan Ekonomi Indonesia, a significant move into the digital banking space.

Alfred LeeJan 13, 2021

Tesla to expand more aggressively in India; sets up new subsidiary company

India presents a huge market for Tesla, with lesser restrictions compared to China.

Rajitha ReddyJan 13, 2021

Zoom plans $1.5 billion share sale at 10 times its IPO price

Zoom said on Tuesday that it will sell about 4.4 million shares in a secondary offering.

CNBC.COMJan 13, 2021

PayPal to Enter China’s Online Payment Market - Pandaily

Following U.S. digital money transfer platform PayPal’s acquisition of Chinese licensed payment company GoPay in 2019, PayPal made another move to hold the full equity of GoPay today.

PANDAILY.COMJan 13, 2021

Sea Group firms up digital payments play in Indonesia with Bank BKE acquisition

The deal can be seen as part of Sea Group's ongoing plan to increase customer retention on Shopee by doubling down on ShopeePay.

DEALSTREETASIA.COMJan 13, 2021

B2B SaaS platform VComply raises $6m led by Counterpart Ventures, Accel

In July 2019, VComply, had secured $2.5 million in a seed funding round led by Accel.

DEALSTREETASIA.COMJan 13, 2021

KKR private equity firm closes $3.9 billion fund to invest in Asia Pacific infrastructure

KKR has received strong backing from a diverse group of global infrastructure investors.

Princess Joy MalinaoJan 12, 2021

Keep fitness app from China just raised $360 million led by SoftBank Vision Fund

Keep grew to 100 million users in China within 3 years, and is now diversifying its offerings.

Carl AdrianJan 11, 2021

Gcash Philippines raises $175 million in fresh capital

Gcash's financial services indeed helped Filipinos in coping up with the new normal.

Princess Joy MalinaoJan 10, 2021

Udaan raises $280 Million, bounces back after COVID-19

Fresh round of funding will be used for market expansion, platform enhancement among other projects.

Princess Joy MalinaoJan 10, 2021

Text marketing startup Voxie raises $6.7M – TechCrunch

Like many startups, Atlanta-based Voxie was created to solve a problem that founder and CEO Bogdan Constantin faced himself. In Constantin’s case, this was at his previous tuxedo rental startup Menguin (ultimately acquired by Generation Tux), where he said he had to market a product with a six-to-nine month sales cycle, as customers were usually weighing […]

TECHCRUNCH.COMJan 08, 2021

Banking software start-up Mambu raises $135 million at a $2.1 billion valuation

Mambu is the latest financial technology company to achieve the coveted status of

CNBC.COMJan 08, 2021

ADB invests $75m in OrbiMed's fourth Asia-focused healthcare PE fund

Manila-based Asian Development Bank has committed $75m to the fourth Asia-focused healthcare fund of US-headquartered investment firm OrbiMed.

DEALSTREETASIA.COMJan 08, 2021

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