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Truely raises £1.5 million to expand travel eSIM platform
Reading Time: 2 minutesSingapore: Travel eSIM company Truely has raised $2 million (£1,479 million) for expansion, backed by DG Daiwa Ventures, Disrupt.com and Goodwater Capital alongside existing investor Beenext.
reAlpha completes $1.14m AiChat acquisition
Reading Time: 2 minutesUS / Singapore: AI-powered real estate technology and investment company, reAlpha, has acquired 85 per cent of the outstanding equity of Singapore-based, AI-powered conversational customer experience solutions provider AiChat.
Big Tiny raises AU$4.2m to grow Australian market footprint
Reading Time: 2 minutesAustralia / Singapore: Tiny house startup Big Tiny has announced that it has raised AU$4.2 million in pre-Series A funding as it seeks to grow its footprint in Australia and New Zealand in the next 12 months. The round was led by Singaporean businessman Koh Boon Hwee, with participation from Phillip Private Equity, GPPC Capital […]
Filmplace receives $220k in funding
Reading Time: < 1 minute APAC: Filmplace, a Singapore-based film location rental startup, has announced that it has raised $220,000 in the fourth quarter of 2020 in a pre-seeding funding round led by New York’s Admiralty Holdings. The company plans to use the capital to build up its infrastructure, marketing capabilities, and technology solutions as it expands further into Southeast Asia. […]
Hmlet Listed launches rental platform in three Asian markets
Reading Time: < 1 minuteAPAC: Hmlet Listed, developed by lifestyle accommodation operator Hmlet, launched its platform for landlords, agents and tenants last month across Singapore, Thailand and Malaysia. Hmlet Listed already represents more than 5,000 property owners who are leasing condos, apartments and coliving properties. Rentals range from one to 12 months, and all contracts are handled online including […]
Airbnb set to double investments in Indian market
Reading Time: < 1 minuteAsia: Airbnb has hinted it will double its marketing investments in India to grow its presence in the regional Asian market. At last month’s Skift Forum in Singapore, the firm’s Asia-Pacific (APAC) regional director Siew Kum Hong revealed that the number of listings on Airbnb in India’s market have risen by 150 per cent in […]
Hotelier Mart partners strategically with SearchStays
Reading Time: < 1 minuteSingapore: Blockchain-powered hotel booking platform Hotelier Mart has formed a strategic alliance with international vacation rental network SearchStays. The partnership will provide travellers with access to a growing portfolio of luxury villas in more than 50 destinations around the globe and a more personalised way of traveling. Each brand within the SearchStays Network, such as […]
Short-term rentals to remain illegal in Singapore
Reading Time: 2 minutesSingapore: The Urban Redevelopment Authority (URA) has announced short-term rental platform listings will remain illegal in Singapore after almost four years of discussions. Travellers staying at private residential properties in the country will still be required to stay for a minimum of three months. The URA said it would not proceed with applying regulations due […]
Airbnb’s Chinese rival in talks to raise over $200 million in funding
Reading Time: 2 minutesChina: One of Airbnb’s biggest Chinese rivals is in talks with Singapore’s wealth fund to secure $200 million in funding to take on the American vacation rental platform. Beijing-based Xiaozhu.com, who were reportedly almost acquired by Airbnb in 2016, lets its users rent out homes and apartments across China and it is now targeting the […]