Indonesia-based edutech startup Ruangguru today announced that it had completed an acquisition of Mclass, a live teaching edutech platform in Vietnam, for an undisclosed sum. In a press statement, Ruangguru said the acquisition is a strategic move to expand its reach and capability in the market, following its launch in Vietnam through its subsidiary Kien ...The postRuangguru acquires Vietnamese live teaching platfor...
Quest Ventures’s Partner launches new VC firm MSW Ventures MSW Ventures, launched by Jeffrey Seah, first fund Asia Fund X seeks to invest in foodtech, agritech, data tech, sustainability, and enterprise tech. Sumitomo’s SMBC launches US$200M corporate VC fund in Singapore SMBC Asia Rising Fund targets startups that contribute to SMBC Group’s business through collaborations ...The postEcosystem Roundup: SEA gets two s...
Stripe, a financial infrastructure platform for businesses, today announced a partnership with WhatsApp that allows Singapore businesses to accept payments directly in WhatsApp chats. The new feature is built on Stripe Connect and Stripe Checkout, and enables Singapore customers and businesses to buy and sell directly in WhatsApp without having to go to a website, ...The postStripe, WhatsApp introduce new feature to ...
Sumitomo Mitsui Banking Corporation (SMBC Group) today announced that it has co-founded the corporate venture capital fund “SMBC Asia Rising Fund” with Incubate Fund in Singapore. The fund managed is US$200 million, and its purpose is to accelerate business development and partnerships through investments in high-potential Asian startups. Through this CVC, SMBC Group will enhance ...The postSMBC, Incubate Fund launch...
Use our special promo code: GO for 75% off your Echelon tickets! The 2023 Echelon Asia Summit is happening at the Singapore EXPO on 14-15 June 2023. Are you a startup founder, investor, corporate, or tech enthusiast? Don’t miss out on one of the most anticipated tech conferences in the region! For more information, visit the ...The postWonderful world of Web3: What is next for this groundbreaking industry?appeared fi...
As the dreary funding winter soars, at e27, we are kickstarting a new article series Line of Hire to understand an organisation’s culture and hiring philosophies to empower tech workers with the right growth tools to enable business owners to attract talent. Terng Shing Chen is the Founder and CEO of PR and content marketing technology startup SYNC. ...The postOur company culture is driven by communication: Terng Shi...
Accountancy firm pwc australia says its chief executive has resigned following a scandal over the leaking of confidential government plans to crack down on tax avoidance by multinationals.
Tesla on monday (may 8) broke ground on a texas lithium refinery that ceo elon musk said should produce enough of the battery metal to build about 1 million electric vehicles (evs) by 2025, making it the largest north american processor of the material.
Southeast Asia and India’s first wave of fintechs was characterised by B2C products that provide consumers with easy access to financial services. While demographic and macro factors favoured fintech adoption, a large part of this was also driven by venture funding. Rewards and incentives, rather than the products alone, spurred end-user adoption. Last year’s market ...The postExploring the rise of finance-as-a-servi...
UENA, a hyperlocal online F&B startup based in Indonesia, has raised an undisclosed amount in funding co-led by existing investor East Ventures and new investor Trihill Capital. This new round, closed in Q1 2023, strengthens Uena’s balance sheet following the seed funding raised in September 2022. The new capital will be used to continue expanding ...The postEast Ventures, Trihill Capital invest in hyperlocal online ...
Chinese financial stocks extended their recent rally, as traders continued to bet on policy support for state-run firms to help regain momentum in a market faced with renewed growth concerns.
Commonwealth bank of australia, the country’s biggest home loan provider, said it would stop offering cash payments to lure new borrowers as it blamed ferocious competition for a decline in interest-based profit in the march quarter.
As an entrepreneur or startup operator, navigating product-market fit (PMF) is crucial for any business’s success. PMF is the sweet spot where your product features, target customers, and business model come together seamlessly. Rather than any specific performing metric, PMF is a composite signal for a company that, based on market response and conditions, the ...The postDebunking 5 common misconceptions about produ...
This new series provides an opportunity for bootstrapped founders to share their venture-building stories with the audience. If you have a compelling story, please email it to writers@e27.co. In a dating world dominated by the likes of Tinder, Sirf Coffee stands out. You might not have heard this name but this dating service has quietly ...The postBootstrapped: How dating service Sirf Coffee takes on the likes of Tin...
Sam bankman-fried, who has long denied stealing from customers of his ftx cryptocurrency exchange, on monday asked a us judge to throw out criminal charges against him over the now-bankrupt ftx’s collapse.
With the IMF recently forecasting the next decade to have the lowest global growth in 40 years, or major corporates cutting resources and stating the need for “a year of efficiency” (Facebook’s Zuckerberg for example) and venture capital drying up, its clearly a time when productivity and efficiency are at the top on the management ...The postHow Category Design drives productivity and efficiencyappeared first one27.
Gold prices eased during early asian hours on tuesday (may 9) as cautious market participants awaited us inflation data that could influence the federal reserve’s policy path.
A long-shot bid by a conservative group to remove warren buffett as chair of berkshire hathaway failed by a wide margin at the company’s annual shareholder meeting in omaha on saturday (may 6).
Memecoins such as pepe and the recently minted token ordinals led cryptocurrency prices lower after a weekend surge among the bitcoin-blockchain-based tokens.
Paypal holdings shares slumped after the payments giant warned that its adjusted operating margin won’t grow as quickly as the company previously anticipated, even after spending on its platforms jumped more than expected in the first quarter.
The past few years have seen digital transformation eradicate many barriers that previously hindered retail investors from directly accessing financial markets.
The cost to secure thousands of inactive oil and gas wells in the us gulf of mexico could top us$30 billion, according to research published on monday (may 8), weighing potential environmental damage against the estimated price tag.
