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Former Careem Pay boss launches card-as-a-service platform SimpliFi for MENA and Pakistan

MENAbytes -

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SoftBank-backed Policybazaar files draft prospectus for USD 810 million IPO

Moulishree Srivastava -

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State media blasts Chinese online games as ‘spiritual opium,’ sends shares of game companies in freefall

Mengyuan Ge -

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Southeast Asia mints six unicorns in two months

Khamila Mulia -

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Self-driving truck developer Inceptio Technology raises USD 270 million from JD and Meituan

Jiaxing Li -

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Grab’s Q1 revenue hits USD 507 million, marking all-time high

Khamila Mulia -

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IT performance analysis startup PerfMa closes Series B to keep networks humming

KrASIA Connection -

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Autonomous driving startup G-PAL bags pre-Series A from Xiaomi and Baidu’s investment arms

KrASIA Connection -

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Israeli fintech sector raises record USD 2.3 billion in H1 2021, report says

NoCamels -

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Kuwait’s Zain launches VC arm with investments in Swvl and Pipe

MENAbytes -

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SoftBank-backed Unacademy closes USD 440 million round, valuation shoots up 70% to USD 3.44 billion

Moulishree Srivastava -

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China’s stock market regulator pursues discussions with SEC over IPO ban

Jiaxing Li -

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