Singapore’s Homage, a service for in-home care for the elderly, raises $1.2M

 Homage, a Singapore-based startup that connects caregivers with elderly people seeking assistance, has closed a $1.2 million…

Pinterest is now blocked in China

 China has blocked one of the few Western social media sites that had remained accessible to its…

Alibaba invests in WayRay, a maker of augmented-reality dashboards for smart cars

 After launching its first car last year, Alibaba is digging deeper into the automobile industry. The…

World Bank’s IFC investment firm invests $2M in Southeast Asian fund SeedPlus

 SeedPlus, the early stage investment firm launched by Singapore-based VC firm Jungle Ventures last year, has…

500 Startups will keep investing in Latin America with new $10M fund

 500 Startups is increasing its commitment to global investing with a new Latin America fund, targeting $10…

Burda brings its global investment fund to Southeast Asia

 German media giant Hubert Burda is diving into Southeast Asia’s startup ecosystem after its investment arm opened an…

Uber rival Grab expands its engineering team with new offices in India and Vietnam

 Grab, the main rival to Uber in Southeast Asia, is expanding its engineering footprint after announcing…

Euronet outbids Alibaba’s Ant Financial with $1 billion offer for MoneyGram

 Alibaba’s conquest to own a piece of the global money transfer industry just suffered a huge…