singtel
This new $100M fund plans to focus on startups accelerating the science around longevity
Longevity-focused startups have been proliferating in recent years as we become more focused on our health. However, it’s not just about apps to get you in the gym. Longevity startups can range from
Silverfort nabs $65M with a ‘holistic’ approach to protecting ID management across IT silos and legacy systems
Identity management is at the heart of how a lot of organizations aim to keep their systems secure, but that leaves a big question unanswered: How secure is the identity management system overall, and
The Accellion data breach continues to get messier
Morgan Stanley has joined the growing list of Accellion hack victims — more than six months after attackers first breached the vendor’s 20-year-old file-sharing product. The investment banking f
Ukrainian police arrest multiple Clop ransomware gang suspects
Multiple suspects believed to be linked to the Clop ransomware gang have been detained in Ukraine after a joint operation from law enforcement agencies in Ukraine, South Korea and the United States. T
Grab-Singtel and Ant Group win digital bank licenses in Singapore
Singapore on Friday granted four firms, including Ant Group and Grab, licenses to run digital banks in the Southeast Asian country, in a move that would allow the tech giants to expand their financial
Cato Network snags $130M Series E on $1B valuation as cloud wide area networking thrives
Cato Networks has spent the last five years building a cloud-based wide area network that lets individuals connect to network resources regardless of where they are. When the pandemic hit, and many bu
Streaming service Hooq shuts down, ends partnerships with Disney’s Hotstar, Grab and others
Hooq, a five-year-old on-demand video streaming service that aimed to become “Netflix for Southeast Asia,” has shut down weeks after filing for liquidation and terminated its partnerships with Dis
Myriota raises $19.3 million to expand its IoT satellite constellation
Internet of things satellite connectivity startup Myriota has raises a $19.3 million Series B funding round, led by Hostplus and Main Sequence Ventures, with additional funding from Boeing, former Aus
Streaming service Hooq files for liquidation
On-demand video streaming service Hooq said on Friday it has filed for liquidation after it failed to grow rapidly and cover its increasing operating costs. Hooq Digital, a joint venture among Singapo
Grab and Singtel team up to apply for a digital full bank license in Singapore
Grab and Singtel, one of the largest telecoms in Singapore, announced today that they are applying for a digital full bank license together. If approved, the license will allow them to offer simple cr
CXA, a health-focused digital insurance startup, raises $25M
CXA Group, a Singapore-based startup that helps make insurance more accessible and affordable, has raised $25 million for expansion in Asia and later into Europe and North America. The startup takes a
5G phones are here but don’t rush to upgrade
This year’s Mobile World Congress — the CES for Android device makers — was awash with 5G handsets. The world’s No.1 smartphone seller by marketshare, Samsung, got out ahead wi
Southeast Asia’s Grab is adding Netflix-like video streaming to its ride-hailing app
Grab is Southeast Asia’s top ride-hailing firm thanks to its acquisition of Uber’s local business last year. Its biggest competitor gone, the company is on a push to go beyond transport an
Twilio launches a new SIM card and narrowband dev kit for IoT developers
Twilio is hosting its Signal developer conference in San Francisco this week. Yesterday was all about bots and taking payments over the phone; today is all about IoT. The company is launching two new
Stealthy Singapore VC firm Qualgro is raising a $100M fund
Southeast Asia’s venture capital space is booming right now. Openspace Ventures just announced the close of its newest $135 million fund, Golden Gate Ventures hit the first close on its upcomin
Balbix raises $20M for a predictive approach to enterprise cybersecurity
Security breaches are a disaster for corporate companies, but good news if you’re someone who offers preventative solutions. In 2018, wide-ranging attacks on the likes of Equifax, Sony Pictures
Southeast Asia’s Carro raises $60M for its automotive marketplace and car financing service
Carro, an automotive marketplace and car financing startup based in Singapore, has closed a $60 million Series B round to scale its business in Southeast Asia. The deal was co-led by SoftBank Ventures
Southeast Asia’s ShopBack moves into personal finance with its first acquisition
Singapore-based e-commerce startup ShopBack came on the radar when it raised $25 million last November, and now the company is making its first acquisition. ShopBack said today it has picked up Seed
Security startup Synack scores $21M investment from Microsoft, HPE and Singtel
Synack, a startup that combines software security tools with a network of white-hat hackers to help keep its customers secure, announced a $21.25 million Series C funding round today. The round was le
Singtel’s digital ad division Amobee acquires Turn for $310M
Amobee just announced that it has agreed to acquire adtech company Turn for $310 million. Amobee used to be a mobile ad startup itself, before a 2012 acquisition by Singtel, where it remains a su