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TNB Aura closes $22.7M fund to bring PE-style investing to Southeast Asia’s startups – TechCrunch

TNB Aura, a recent arrival to Southeast Asia’s VC scene, announced today that it has closed a maiden fund at SG$31.1million, or around US$22.65 million, to bring a more private equity-like approach to investing in startups…

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Changing consumer behavior is the key to unlocking billion-dollar businesses – TechCrunch

Jonathan Golden Contributor Jonathan Golden is a partner at NEA and a former director of product at Airbnb. In the summer of 2012, I had just learned of a new service where a driver would…


Indonesia e-commerce leader Tokopedia raises $1.1B from Alibaba and SoftBank’s Vision Fund – TechCrunch

Indonesia-based e-commerce firm Tokopedia is the latest startup to enter the Vision Fund after it raised $1.1 billion Series G round led by the SoftBank megafund and Alibaba. SoftBank and Alibaba are existing investors in…


China’s JD.com teams up with Intel to develop ‘smart’ retail experiences – TechCrunch

Months after it landed a major $550 million investment from Google, China’s JD.com — the country’s second highest-profile investor behind Alibaba — has teamed up with another U.S. tech giant: Intel. JD and Intel said…


Still a year away from launch, Meg Whitman and Jeffrey Katzenberg’s Quibi keeps adding talent – TechCrunch

Video won’t start rolling on Meg Whitman and Jeffrey Katzenberg’s new bite-sized streaming service with the billion dollar backing until the end of 2019, but talent keeps signing up to come along for their ride…


India’s Drivezy raises $20M for its on-demand vehicle rental service – TechCrunch

It’s been a year for on-demand services in India. Drivezy today became the latest to refuel after it raised a $20 million Series B. The round was led by existing investor Das Capital, with participation from automotive giant…


Topica raises $50M for its online learning services in Southeast Asia – TechCrunch

Vietnam’s startup ecosystem is making forward progress. Just a week after 500 Startups’ local entity closed a $14 million fund for early-stage investments, one of the country’s elder statesmen of startups — educational service Topica…



Cross-border fintech startup Instarem raises $20M for global expansion – TechCrunch

Instarem, a Singapore-based startup that helps banks transfer money overseas cheaply, has raised a Series C round of over $20 million for global expansion. The round is led by MDI Ventures — the VC arm…


SoftBank’s Deepcore and accelerator Zeroth team up to hunt early stage AI opportunities – TechCrunch

Two early stage AI programs are joining forces because, even in the world of artificial intelligence, two heads are better than one. Hong Kong-based accelerator Zeroth — which recently grabbed a majority investment from Animoca Brands…