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Singapore-based logistics startup Ninja Van secures $578M Series E

TechCrunch

Ninja Van , a Singapore-based logistics startup, has closed a $578 million Series E round to support its operations infrastructure and technology systems growth. Founded in 2014, the company operates its business across Singapore, Malaysia, Indonesia, Thailand, Vietnam, and the Philippines. It currently employs more than 61,000 staff.

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Singapore is poised to become Asia’s Silicon Valley

TechCrunch

Long established as a global financial center, Singapore also looks set to become the “Silicon Valley of Asia.” But having a diverse cluster of big tech companies helps the ecosystem by providing more resources, including mentorship and early funding opportunities, say Singapore-based investors.

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Eat Just to sell lab-grown meat in Singapore after gaining “world first” regulatory approval

TechCrunch

Eat Just will start offering lab-grown chicken meat in Singapore after gaining regulatory approval from the Singapore Food Agency (SFA). While there are plenty of other companies working on lab-grown meats using various techniques, Eat Just describes the Singapore government’s review and regulatory approval as a “world first.”

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Singapore-based micromobility startup Beam secures $93M Series B, enters new markets

TechCrunch

The next-gen scooter will come with an updated version of Beam’s safety platform, dubbed Micromobility Augmented Riding Safety (MARS), that helps protect pedestrians and enhance local governments’ control over where e-vehicles can park or ride, says Jiang. . Singapore’s micromobility startup Beam raises $26 million.

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Singapore-based career development platform Glints recruits $50M in new funding

TechCrunch

Glints’ platform currently has three million professionals in five markets (Indonesia, Vietnam, Singapore, Malaysia and Taiwan), and 50,000 companies that are seeking workers, including AIA, IKEA, GetGo, KKday and Gameloft. Additionally, we’re seeing local employers interested in hiring both tech talent locally and also remote hiring as well.

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HR automation platform Omni wants to be the ‘Rippling of Southeast Asia’

TechCrunch

Based in Singapore, it is currently active there and in Indonesia, and plans to roll out in other Southeast Asian markets after localizing for employment regulations. In terms of competition, Chan said he sees two categories: local payroll software and imported software from overseas. Each country also has different workflows.

Asia 89
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Expanding your startup into Asia? Here’s how to build out your operations in the region

The Next Web

Thomas Clayton has started and run numerous high-tech startups in Silicon Valley. For example, should they hire in-market consultants, an expatriate based in a hub city, or partner with a local player? Hire the right people – local and entrepreneurial. You also need true local expertise. Be ‘local’ but don’t overdo it.

Asia 129