Yinglan Tan’s Insignia Ventures Partners closes maiden fund at US$120M; invests in Stoqo Indonesia

Stoqo is apparently Insignia's second investment, following its lead investment in Indonesian co-working spaces chain EV Hive in September last year 

Waresix gets funding from East Ventures to connect SMEs with warehouse operators in Indonesia

Waresix is SaaS-based warehouse platform that matches unused warehouse space with SMEs who need space 

3 ways startups should assess different financing options

Raising funds is just one step. Startups need to think about it affects cashflow and what is the end they are trying to achieve 

Aidijuma buys majority stake in Haute Elan to expand its modest fashion e-commerce business HijUp to UK

Aidijuma has earlier invested in Brunei's BIFASH, Singapore's MODESTyle, and Malaysia's Simplysiti and Zawara 

South Korea's Kakao Mobility acquires carpool startup Luxi for US$23.4M

Last year, Luxi raised US$470,000 in investment from Hyundai Motors 

Exclusive: Singapore's blockchain startup Copernicus Gold raises US$3.5M from Russian investor

Copernicus Gold enables users to save digital gold in virtual form to carry out transactions digitally, or exchange it for a physical piece at its partner stores 

Blockchain platform Copernicus Gold enables you to acquire, save or pay with digital gold anywhere in the world

Potentially, Copernicus Gold can enable countries to monetise their physical stores of gold or facilitate transactions between physical commodities such as oil and gold 

Ex-Grab CTO's startup Axinan raises Series A funding to create online insurance products

Axinan aims to become a full-stack insurance provider, with blockchain capabilities 

Online wholesale marketplace Wydr.in raises funding from VCs in Singapore, India

Last year, global e-commerce giant Amazon started B2B marketplace in India with some innovative features 

[Updated] Automotive giant Astra International confirms US$150M investment in Go-Jek

Astra International dubbed their investment in Go-Jek as the biggest they have ever done in the tech sector