Khamila Mulia
Stories by Khamila Mulia
[Updated] B2B marketplace GudangAda’s board said to be weighing options including winding down
Discussions have also revolved around returning capital to investors.
SG fintech startup Qapita raises fresh funding from East Ventures, Cercano, others
MassMutual Ventures SEA, Nyca Partners, Citi, and Endiya Partners also invested.
Philippines-based lender Asialink Finance Corporation raises $71m from Creador
Asialink plans to utilise the funds to expand its lending capacity and bolster support for SME growth.
SG-based wealthtech firm Endowus buys back shares worth $8.4m from execs
Beneficiaries of the buyback include members of the startup's founding team.
Asia Digest: PropertyGuru lays off staff; Affinity to invite bids for MY hospital; Shein considers London IPO
PropertyGuru has laid off 79 employees—about 5% of its workforce.
SG fintech startup Fluid raises Series A round led by Insignia Ventures Partners
Fluid facilitates swift B2B purchases by integrating into marketplaces and supplier websites or apps.
HitPay secures in-principle approval from MAS for major payment institution licence
The licence allows HitPay to offer regulated payment services.
After profitable quarter, Grab to continue focus on boosting organic growth
Approval of $500m share buyback seen to indicate faith in the company's prospects
Grab announces $500m share buyback after posting first quarterly profit in Q4
Grab booked a profit of $11m in Q4 2023, compared with a $391m net loss a year ago.
Indonesia’s EdenFarm said to have conducted more layoffs, startup’s viability in question
This is the third round of layoffs conducted by EdenFarm in the past few months.
