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Intuit INC. Acquired Pioneer Email Marketing Company Mailchimp for US$12 Billion
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Intuit INC. Acquired Pioneer Email Marketing Company Mailchimp for US$12 Billion

TurboTax maker Intuit Inc has acquired Mailchimp, an email marketing company, for US$12 billion in a cash-and-stock deal. Over a year ago, the two pioneers began discussing forming a partnership, which later evolved into talks about an acquisition. The acquisition of Atlanta-based Mailchimp, which runs a marketing platform for small and mid-market firms, makes it...

Malaysia Tech Unicorn Carsome Raises US$170 Million To Reach US$1.3 Billion in Value
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Malaysia Tech Unicorn Carsome Raises US$170 Million To Reach US$1.3 Billion in Value

Carsome Group (Carsome), Southeast Asia’s largest integrated car e-commerce platform, has closed its US$170 million Series D2 round of funding, valuing the firm at US$1.3 billion and consolidating its status as Malaysia’s largest tech unicorn. This is supplemented by US$30 million in additional credit facilities, bringing the total funds raised to US$200 million. According to...

500 Durians is now 500 Southeast Asia
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500 Durians is now 500 Southeast Asia

Khailee Ng today published a new post on his LinkedIn profile announcing the name change of 500 Durians to 500 Southeast Asia. Khailee wrote: “In our first seven years, we invested in over 250 early-stage companies including Bukalapak, Carousell, FinAccel, Carsome, Grab, and many others that now define tech entrepreneurship in the region.” Below you...

InsightzClub To Deliver Intelligent Insights For Brand Growth
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InsightzClub To Deliver Intelligent Insights For Brand Growth

We had the opportunity to speak with one of the founders of InsightzClub, Mritunjay Kumar to share with us what it’s like to bring Artificial Intelligence and Big Data into nowadays businesses for brands to understand their consumers on a deeper level. Born and bred in India, Mritunjay (MJ for short) moved to Malaysia 12...

Seed Round for Oyen, a Malaysian Digital-First Pet Healthcare Insurance Provider
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Seed Round for Oyen, a Malaysian Digital-First Pet Healthcare Insurance Provider

Oyen, a digital-first pet healthcare insurance provider based in Malaysia, has raised US$420,000 in a seed round participated by notable backers such as Hustle Fund, alongside angel investors who are former and current executives from Airbnb, Facebook, and Rocket Internet. The company will use the funds to enhance its proprietary digital insurance platform and reinforce its market position within Malaysia’s pet healthcare insurance...

EPIC GAMES VS APPLE: EXPLAINED IN ONE GO
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EPIC GAMES VS APPLE: EXPLAINED IN ONE GO

The trial between tech giants, Epic Games Launcher and Apple has started on May 3rd, 2021. Following Fortnite’s removal from the Apple App Store and Android’s Google Play Store in 2020, it became unavailable on those platforms. Making it impossible for mobile phone players to enjoy the famous first-person shooter Fortnite game. How Did It...

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