Online food ordering service foodpanda has confirmed its merger with Singapore-based SG Dine. Earlier last week, foodpanda announced their partnership with RedMart. Following that, the recently funded company has just announced their official merger with Singapore based Singapore Dine. We received an anonymous tip (thank you!) that foodpanda might be cooking up something huge: a Read the full article…

Singapore-based e-commerce platform Reebonz has just received a US$40 million investment led by MediaCorp, valuing Reebonz at over US$198 million. Reebonz was founded by Samuel Lim, Daniel Lim and Benjamin Han back in 2009. The site offers high-end designer brands through flash-sale events. According to Today Online, Reebonz reached its two millionth member in September Read the full article…

W-Locate, which provides indoor and outdoor geolocation through GPS and SIM cards, has secured pre-series A funding from TNF Ventures. Location-based services are popular not only in the consumer market, but also in enterprise. With the rise of GPS- and WiFi-based location services popularized among retail and restaurant businesses, another solution is on the rise: Read the full article…

Malaysia based CATCHA Media Bhd has just announced that it will be merging with Says Sdn Bhd. Catcha Media is perhaps one of the most well-known company in Malaysia right now: Part of the Catcha Group, Catcha Media Berhad is a publicly listed new media group with operations online and print magazines. It also represents Read the full article…

Taiwan based TMI Holding Corporation, has just announced their investment in three companies: Citiesocial, Driving Curve Inc. and Peeridea Inc. For those who are not familiar with TMI, the fund was founded in 2012 by the US venture capital firm WI Harper Group, Kaifu Lee, head of Innovation Works —China’s largest foreign owned Venture Capital Read the full article…

Although Spotify has been taking the spotlight recently, there are still other popular music discovery and sharing apps such as Beatrobo from Japan. An Echelon 2012 alumnus, Beatrobo is a music discovery and sharing service that lets you build music playlist form YouTube and SoundCloud. Essentially, it is a social music platform but what makes it different Read the full article…

China’s Forgame is making a strategic investment into Hong Kong’s Animoca, and the two firms will play each other’s complementary strengths to expand reach. Hong Kong-based game development startup Animoca has recently announced a strategic minority investment from Chinese game development firm Forgame Holdings Ltd., through the former’s holdings company, Appionics Holdings Ltd. The terms Read the full article…

Having experienced the pain of hunting for the perfect wedding dress, investor-turned-founder Linh Thai is fixing the way brides shop for a dream dress. I first met Thai Van Linh, better known as Linh Thai, at DEMO Asia 2012 back when she was a director at DFJ VinaCapital, one of the largest venture capital firms Read the full article…

Save22 has just closed a six digit investment round led by Crystal Horse Investments, Nuffnang, Strategia Ventures and Little Lights Capital. Save22, a Singapore-based price comparison startup which has a presence in the Philippines as well, has just received a “mid six figures in Singapore dollars” investment round from a group of investors. According to Read the full article…

CrowdHall, a platform for crowd-sourced conversations, saw Singapore-based angel investor John Tan and Calvin Soh part of their US$700,000 seed round. With the proliferation of social media and technology, internet users and audience are increasingly empowered to engage in conversation with brands, organizations or public figures. Brands and organizations want to be more accessible and Read the full article…