Series A
Fintech startup Saving Plus rebrands to Jirnexu, raises US$3mil Series A
KL-based fintech startup Saving Plus has rebranded to Jirnexu and has secured US$3 million in Series A funding. Lum Ka Kay speaks to its CEO Siew Yuen Tuck to find out more.
Wedding and motherhood e-commerce startup Nuren lands US$2mil Series A
Malaysian wedding and baby e-commerce startup Nuren Group said it has completed a US$2-million Series A round, led by Gobi Partners.
Thailand’s Medical Departures raises US$2.5mil Series A
Bangkok-based medical tourism portal Medical Departures has secured US$2.5mil in Series A funding, in a round led by Singapore venture fund DMP.
Carsome gets US$2mil Series A, led by IRR
Malaysian automotive startup Carsome has raised US$2mil funding from IRR, IMJ and 500 Startups to fuel its regional expansion into Indonesia and Thailand.
Communications startup Wavecell lands US$1.6mil Series A
Singapore startup Wavecell has announced a Series A investment of S$2.3 million led by Qualgro Asean Fund, with participation from Wavemaker Partners.
Week in Review: Malaysia’s spectrum refarming
News of Malaysia’s spectrum refarming exercise will likely dominate for months to come, predicts Karamjit Singh, while cautioning readers to not drink too much Kool Aid when it comes to startup funding.
KFit gets US$12mil Series A boost
KFit has secured US$12mil in a Series A round led by Venturra Capital, with participation by new investors such as SIG and Malaysia’s Axiata Digital Innovation Fund.
Singapore’s Jewel Paymentech secures US$1mil Series A
Singapore-based fintech startup Jewel Paymentech secured over US$1 million in a Series A round led by Tuas Capital Partners.
TheLorry raises US$1.5mil Series A
On-demand land cargo startup TheLorry has raised US$1.5mil; its cofounders speak to Karamjit Singh on their journey so far and what’s ahead.
Babydash aims to raise US$453K Series A
Malaysian e-commerce startup Babydash aims to raise RM2 million to help grow its product range and to enhance its marketing strategies.
