MoEngage, the insights-led customer engagement platform, today announced that it has raised additional funding of $30M USD, at double the valuation from its earlier Series C1 investment of $32.5M in July 2021. This round was led by Steadview Capital, with participation from the company’s existing investors Multiples Alternate Asset Management, Eight Roads Ventures, F-Prime Capital,...
IBM: 5 Predictions for Cybersecurity in 2022 As we’re soon heading on to the following year, IBM Vietnam recently issued its predictions for the future of cybersecurity in 2022 developed from its IBM X-Force and Security experts. Here are the 5 main takeaways that IBM forecasts for Cybersecurity in 2022: At the start of 2022,...
Food Market Hub (“FMH”), a cloud application platform founded in Malaysia that streamlines and automates back-end operations for F&B businesses, announced that it has raised US$8.5 million in an extended Series A+ round to finance further expansion and expedite growth. The round was brought about due to significant investor interest, arising from both FMH’s rapid...
Digital behavior changed drastically following global cordon sanitaire measures in the past two years. As daily activities take on new precedence in the digital and online realms, users today scour the Internet for alternatives that address their personal needs whilst still adhering to lockdown restrictions. This caused the fast-growing e-commerce industry to blow up overnight....
Since the COVID-19 pandemic struck our nation in 2020, local businesses continue to be greatly impacted on many fronts. According to the SME Association of Malaysia, at least 100,000 SMEs have ceased operations since the first MCO. Not only that, Datuk William Ng, Central Chairman of Small and Medium Enterprises Association (Samenta) said many businesses...
Sunway Group (Sunway), one of Malaysia’s largest conglomerates and Kejora Capital (Kejora), a leading venture capital (VC) firm, has launched the US$25 million Orbit Malaysia fund. This is the first time a Malaysian conglomerate, in partnership with a leading VC firm from Indonesia, formed a fund with Malaysia Venture Capital Management Berhad (MAVCAP) as anchor...
iPay88, Southeast Asia’s leading regional payment gateway provider today announced its partnership with Asia’s leading buy now pay later platform Atome to expand seamless buy now pay later (BNPL) acceptance across iPay88’s merchant touchpoints in Malaysia. APAC is leading the global digital payment revolution and is on track to represent more than half of global...
Collaboration to kick-off with Alibaba Cloud Demo Day 2021 More than 500 startups are anticipated to participate in this programme from October 2021 to March 2022. Alibaba Cloud Innovation Centre has joined hands with Fidelity Funding, a venture capital corporation with the aim of propelling local businesses to greater heights by equipping them with the...