About Tech in Asia
Tech in Asia is a company based in Singapore (Singapore) founded in 2011 was acquired by Singapore Press Holdings in November 2023.. Tech in Asia has raised $12.99 million across 5 funding rounds from investors including Singapore Press Holdings, Hanwha Investment & Securities and Walden International. Tech in Asia has completed 1 acquisition, including SGEntrepreneurs. Tech in Asia offers products and services including Website Platform. Tech in Asia operates in a competitive market with competitors including Cummins, Valeo, UNO Minda, Schaeffler and Faurecia, among others.
- Headquarter Singapore, Singapore
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Sectors
Media & Entertainment
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Tech In Asia Pte. Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$12.99 M (USD)
in 5 rounds
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Latest Funding Round
$6.6 M (USD), Series C
Nov 19, 2017
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Investors
Singapore Press Holdings
& 11 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Singapore Press Holdings
(Nov 01, 2023)
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Products & Services of Tech in Asia
Tech in Asia offers a comprehensive portfolio of products and services, including Website Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Online platform for startup news and ecosystem connections
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Funding Insights of Tech in Asia
Tech in Asia has successfully raised a total of $12.99M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $6.6 million completed in November 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series C — $6.6M
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First Round
First Round
(01 Mar 2011)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2017 | Amount | Series C - Tech in Asia | Valuation | Hanwha Investment & Securities | |
| Jun, 2015 | Amount | Series C - Tech in Asia | Valuation |
investors |
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| Aug, 2013 | Amount | Series B - Tech in Asia | Valuation | Fenox Venture Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Tech in Asia
Tech in Asia has secured backing from 12 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Singapore Press Holdings, Hanwha Investment & Securities and Walden International. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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VC firm investing globally in early & expansion stage companies
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Founded Year | Domain | Location | |
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Venture capital firm investing in Southeast Asian startups and publishing reports on technology and sustainability.
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Founded Year | Domain | Location | |
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Tech focused seed and early stage VC firm investing in the UK and Germany
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Tech in Asia
Tech in Asia has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include SGEntrepreneurs. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Online website focusing on business and technology in Asia
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2005 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Tech in Asia
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Tech In Asia Comparisons
Competitors of Tech in Asia
Tech in Asia operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cummins, Valeo, UNO Minda, Schaeffler and Faurecia, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Manufacturer of gas-powered construction equipment
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| domain | founded_year | HQ Location |
Automotive products and services are supplied globally to automakers.
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| domain | founded_year | HQ Location |
Manufacturer and supplier of major auto components to OEMs and tier 1 companies
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| domain | founded_year | HQ Location |
Manufacturer of bearings for the automotive industry
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| domain | founded_year | HQ Location |
Automotive components and systems are manufactured for vehicles.
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| domain | founded_year | HQ Location |
Manufacturer and supplier of major auto components
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Tech In Asia
Frequently Asked Questions about Tech in Asia
When was Tech in Asia founded?
Tech in Asia was founded in 2011.
Where is Tech in Asia located?
Tech in Asia is headquartered in Singapore, Singapore.
Is Tech in Asia a funded company?
Tech in Asia is a funded company, having raised a total of $12.99M across 5 funding rounds to date. The company's 1st funding round was a Series B of $2M, raised on Mar 01, 2011.
What does Tech in Asia do?
Tech in Asia was established in 2011 in Singapore as a provider of news and information on startups. Coverage of the technology sector in Asia is offered through its online domain, techinasia.com. Articles and insights on regional tech developments are produced by a team of news authors. Operations center on the Asian market, with content addressing industry trends and company updates.
Who are the top competitors of Tech in Asia?
What products or services does Tech in Asia offer?
Tech in Asia offers Website Platform.
How many acquisitions has Tech in Asia made?
Tech in Asia has made 1 acquisition, including SGEntrepreneurs.
Who are Tech in Asia's investors?
Tech in Asia has 12 investors. Key investors include Singapore Press Holdings, Hanwha Investment & Securities, Walden International, East Ventures, and Eduardo Saverin.
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