Exa Network News Today

Osome, a Singapore-based finance admin platform for founders and SMEs, has raised $17 million in its Series B extension round.

The Big Spark

A drought in global venture capital activity has not deterred startups across Asia from breaking new ground. This year’s Forbes Asia 100 to Watch list spotlights small companies and startups across the region that are targeting underserved markets or applying new technologies.

Bringing you the latest news briefs on fundraising activities in the Asia Pacific.

Bringing you the latest news briefs on fundraising activities in the Asia Pacific.

Many employee engagement and retention tools were created with the assumption that workers spent most of their time at desks. But the majority of the global workforce is deskless, meaning that they are usually on the move and don’t have constant access to a laptop. A lot of them are also dissatisfied with their jobs, which means companies need to deal with high churn and low retention rates. Based in Singapore, Mercu wants to help with a platform designed specifically to reach deskless employe...

Singapore's GIC has acquired a further 27% stake in Europe's rail vehicle leasing company The RAILPOOL Group from co-owner Palladio Partners.

BuuPass is Artha India Venture's third investment in the African continent.

In 2022, Jumia revealed it lost $207 million in 2022—$49.2 million in Q4 alone. The company also confirmed that it reduced its staff count in Dubai by 60%, and laid off 900 people in total in 2022. More in #TCDaily.

Fave, a leading consumer fintech platform in Southeast Asia has announced that its Founder and Chief Executive Officer, Joel Neoh will leave from his role by early March 2023.