It’s all about proptech for this VC

More: Carsome brings in a new CFO to prep for an IPO and Singlife received US$132 million in funding. [Read from your browser]( Daily Newsletter Welcome to Tech in Asia's free Daily Newsletter! Get full access to our subscribers-only Daily Newsletter and other insightful analysis on the big and messy topics of Asia’s tech and startup community by [registering here](. --------------------------------------------------------------- IN FOCUS In today's newsletter, we spotlight: - [Feedback Ventures’ bullish view on Asia’s proptech sector]( - Grab’s financial health in 11 charts - Other newsy highlights such as Carsome’s new CFO and the US$132 million infusion into Singlife --------------------------------------------------------------- Hello {NAME} When I started writing these newsletters a couple of years ago, I was knee-deep in my house-hunting phase. The colleague who handled all of our newsletters (shout out, Betty) would occasionally ask if I’d succeeded yet, saying she had friends who would be invested in my journey towards home ownership. Now that I’m two years into having my own place, I gotta say that it’s pretty sweet. Even with all the chores and bills, there’s really nothing like splaying across your sofa, watching Netflix on your TV, and pouring yourself a drink from your fridge. Property, specifically in Asia, also appears to be top of mind for Feedback Ventures, the VC featured in today’s premium story. Read on to find out why. -- Winston  ---------------------------------------------------------------  THE BIG STORY [For this VC, Asia’s proptech sector is a good place to land]( Feedback Ventures wants to invest in 15 to 20 proptech firms across Asia Pacific. To date, the Singapore-based firm has backed nine such startups. --------------------------------------------------------------- TRENDING NEWS [Carsome appoints new group CFO]( Miguel Fernandez previously held senior financial leadership roles in Amazon, Coupang, and Maya. [Singlife gets $133m from Sumitomo Life after Aviva’s exit]( The investment will increase Sumitomo Life’s stake in the company to 27%. ---------------------------------------------------------------  VISUAL STORY OF THE DAY [Grab’s financial health in 11 charts]( These charts offer a snapshot of how Grab is performing. --------------------------------------------------------------- JOIN THE TECHNOLOGY AND FOUNDERS ZONES AT SFF 2023 Get your ticket to join the event on November 15 to 17 SFF’s eighth edition kicks off next week, focusing on “The Intersection of Policy, Finance, and Technology.” On top of its signature festival stage, insights stage, and workshops, SFF has created five new thematic zones at the Expo that will zero in on Technology, Founders, ESG, Regulation, and Talent. Tech in Asia is proud to support SFF 2023, and our newsletter subscribers get 20% off their ticket. Grab yours through the link below to learn, connect, and create real opportunities with fellow tech talent and founders. Your ticket is waiting for you [here]( - get it now! ---------------------------------------------------------------  EVENTS HAPPENING You can also check out a curated list of trending tech events [over here](. - [AD] [How to design a solid global growth plan with G-P]( on November 16 G-P is hosting a panel discussion and networking session to share how companies can approach a new era of growth. Find out what lies ahead with Allen Jaeyoon Lee, head of people at Aspire, Rachelle Alexis Lim, executive director of strategy and business development at 2C2P, and Kevin Sutantyo, partner at Sovereign's Capital. Sign up for the event [here](. - [Tech in Asia’s Founders Meetup: Vietnam on November 30]( Did you miss us last June? Great news - we’re coming back to Ho Chi Minh City on November 30 for another round of our networking event! With over 3,000+ startups and four unicorns, Vietnam is poised to become a prominent startup hub in Southeast Asia. While opportunities abound in Vietnam’s startup scene, issues like talent shortage and regulatory hurdles also persist. Need some insights on how to navigate and thrive in this scene? Come join us at the Hive Villa (29 Nguyễn Bá Lân, Thảo Điền, Quận 2, Thà nh phố Hồ Chí Minh 713385, Vietnam) from 6:30 p.m. to 8:30 p.m (GMT+7). Connect with fellow startup leaders to learn how you can grow beyond the early stages of your journey and explore solutions to pressing concerns. [Sign up now!](  - [Brushstrokes to Success: Design a Solid Growth Plan for 2024 on November 16]( Time to get creative and spice up your decision-making game with fellow senior leaders, talent managers, and founders! Hosted at Bridge+ on November 16, mingle with peers from Meta, P&G, GoTo, UOB, Oracle, Agoda, Obayashi, VMLY&R, Ant Group, Circles.Life, and more to get insider tips on supercharging your strategies. Come enjoy an evening filled with networking opportunities, free-flowing refreshments, fun quizzes, an interactive panel, an open Q&A, a modern calligraphy activity, and more - it’s all on the house! [Tickets are almost gone so grab yours now](  - [Tech in Asia x Airwallex - Exclusive Mixer]( Mingle with APAC's Payment and Growth Leaders on November 14 Meet and connect with your peers at Exclusive Mixer: Mingle with APAC's Payment and Growth Leaders, an invite-only networking event on November 14 co-hosted by Tech in Asia and Airwallex. This isn’t your run-off-the-mill corporate event. It’s a gathering of forward-thinkers across Asia Pacific and anyone eager to discover best practices in optimizing and streamlining payment journeys at scale. Grab drinks and light bites while soaking up Singapore’s cityscapes from Honcho’s rooftop bar as you mingle. Come hang out and unwind at this relaxed and casual mixer - all refreshments are on the house [Get your ticket]( to this closed-door event and build lasting connections. Slots are limited so secure yours NOW! ---------------------------------------------------------------  PRESS PEEKS The following press releases were published as they were received, without any editing from the Tech in Asia team. You too can publish your own press release on Tech in Asia by simply filling in [this]( page](. Our team will get back to you by the next business day. - SPH Media - [SPH Media to acquire Tech in Asia]( SPH Media today announced that it has entered into an agreement to acquire Tech in Asia Pte. Ltd. - Coin98 Finance - [Coin98 Finance Becomes Ninety Eight: Expanding Vision and Product Scope for Mass Adoption]( "Ninety Eight” reflects our ambition to transcend our original identity and embrace a broader spectrum of possibilities beyond finance. - Viction - [TomoChain’s rebrand to Viction paves the way for a victory vision]( Viction emerges as TomoChain's new name, reflecting a transformative decision to make a meaningful impact on humanity and the Web3 community. - Ultimate Fintech - [The Core Values Driving the Success of Global Broker AAAFx]( AAAFx excels by inspiring confidence and empowering traders globally with integrity and expertise. ---------------------------------------------------------------  WHO'S HIRING You can post a job [here]( or search for jobs [here](. - [Strategy & Operations Manager]( at KoinWorks Jakarta, Indonesia - [Revenue Lead]( at Hangry Jakarta, Indonesia - [Fullstack Developer]( at Andal Software Jakarta, Indonesia - [Social Media Internship]( at Mediatics Digital Indonesia Jakarta, Indonesia - [Admin Distributor Hub (Depok)]( at Scout.inc Depok, Indonesia - [Technical Writer - Able To Join ASAP]( at Paramatech Jakarta, Indonesia [ADVERTISE]( | [SUBSCRIBE]( P.S. Don't miss out on the biggest tech news and analysis. Add newsletter@techinasia.com to your address book, contacts, or safe sender list. Or simply move us into your inbox. Tech in Asia thanks our partners for supporting our newsletters. Sponsorship has no influence on editorial content. Too many emails? Switch to a different frequency or get new content through our [preference center]( or [unsubscribe](. You can also break our hearts and remove yourself from all Tech in Asia emails over [here](  ---------------------------------------------------------------  Copyright © 2023 Tech in Asia, All rights reserved. 63 Robinson Road, Singapore 068894