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Travel booking platform Klook raises US$30M in Series B, clocked in 5M trips in 2016

Sequoia Capital China led Klook's latest funding round, with participation from existing investors Matrix Partners and Welight Capital 

India's credit scores startup CreditMantri raises US$7.6M led by Quona Capital

On the CreditMantri platform, customers can also learn how to improve their credit health, resolve past issues, and in the process discover products best matched to their credit profile 

Malaysia's Cradle Fund is shifting towards equity funding, launches new service to help achieve this goal

Cradle Fund is moving away from grants; 'Direct Equity 800' will invest around US$70,000 to US$180,000 in early-stage startups 

UAE's Zain Group makes strategic investment in MyTaxiIndia

MyTaxiIndia is an outstation taxi and cabs service provider, focussed on servicing both one-way taxi and package-based outstation taxi service segments 

TotallyAwesome raises US$2M to empower kid-safe advertising in SEA, Australia

Already popular in the UK and US, TotallyAwesome is also set to expand its kid-safe social content app PopJam 

AI-based hiring platform Belong raises US$10M Series B from Sequoia, Matrix Partners

Belong helps businesses discover and target high-fit talent, engage candidates through personalised interactions, and accelerate hiring cycles 

Singapore's sovereign wealth fund GIC jumps into co-working, invests in China's 5Lmeet

GIC is entering a highly competitive industry full of companies with major investors backing them 

Penang's own Delivereat raises US$450K to deliver food beyond the city

Founded in 2012 by Leong Shir Mein and Tan Suan Sear, Delivereat now partners with 200 merchants in Penang 

Angel-eQ invests in Indonesian sport booking platform Doogether, looking to expand angel investor network

Angel-eQ co-founder Sandiaga Uno predicts energy as one of the sectors that will receive much attention from investors starting this year 

India's leading cabs aggregator Ola raises US$330M: Reports

Ola's valuation has dropped from a peak US$5 billion to US$3.5 billion currently