Singapore-based venture capital firm Qualgro has announced it has completed the first close of its second fund, with US$60 million of the US$100 million ($137 million) target committed.
Edutech startup OpenLearning raises $8.5 million Series A to further expansion across Southeast Asia
Australian edutech startup OpenLearning has raised $8.5 million in a Series A round led by Malaysian companies Prestariang Berhad and Paramount Corporation Berhad, with participation from a handful of local investors.
ShopBack is an online loyalty program of sorts, giving shoppers cash back for purchases made from partner retailers through its platform.
Australia’s BlueChilli has partnered with Singapore-founded venture capital firm Hatcher+ in a deal that will see US$125 million ($162 million) invested in up to 240 startups identified by BlueChilli over the next three years.
The MDEC has announced the development of new digital startup hubs and incentives that it hopes will attract Australian startups to Malaysia.