Huawei initiates Technology-enabled Open Schools for All Phase II project in Brazil, Egypt, and Thailand
China-based information and communications technology (ICT) firm Huawei has on Wednesday announced the implementation stage of the Technology-enabled Open Schools for All Phase II…
Bitcoin and beyond: How cutting-edge tools are simplifying Web3 development
As the Web3 ecosystem continues to expand, the demand for tools that simplify blockchain development will only increase, making it easier for developers to create and deploy…
GoTo collaborates with Microsoft to boost engineering productivity with GitHub Copilot
GoTo Group, Indonesia’s leading digital ecosystem, has taken a significant step forward in enhancing productivity across its engineering teams by collaborating with Microsoft…
Indonesia’s Happy5 acquires Singapore’s SugarOKR to accelerate global expansion
In a strategic move to bolster its global presence, Indonesia-based enterprise performance management software startup Happy5 has announced it is acquiring Singapore-based startup…
Malaysia’s Maybank invests in Funding Societies
Malaysian lender Malayan Banking Berhad (Maybank) has announced a strategic investment in Funding Societies | Modalku (Funding Societies), an unified digital finance platform for…
Carsome’s 2Q revenue hits “above $310M”, announces $46.2M new financing partnerships
In the second quarter of 2024 (2Q2024), Carsome said it maintained its leadership position with about 35,000 vehicles traded and grew revenue by 9 percent quarter-on-quarter…
Fintechs have a role in narrowing Asia’s financial inclusion gap
Governments across Asia are fast-tracking reforms and initiatives to bridge the quarter of Asia’s population that remains outside the formal financial system, but it needs…
Finture’s YUP secures $30M in Series B funding, aims for US IPO in 3-5 years
YUP aims to serve 50 million users over the next 8 to 10 years, positioning itself as Southeast Asia's leading digital banking service platform with plans for a US IPO in the next…
India’s Playbook Partners launches $250M growth capital fund backed by Singapore, Middle East, Europe investors to accelerate Digital India
In response to strong institutional investor interest, the fund is using the green shoe option and can grow up to $250 million.
Taiwan’s ELNA PCB opens $230M manufacturing plant in Penang
ELNA PCB(M) SDN. BHD., a Malaysian printed circuit board (PCBs) subsidiary of Global Brands Manufacture under the Taiwan-based Passive System Alliance (PSA) Group, has on…
Singapore’s Genesis Alternative Ventures raises $125M for second venture debt fund
Singapore-based venture capital firm Genesis Alternative Ventures has raised total commitments of $125 million for its second Southeast Asia-focused venture debt fund.
Japan’s Panasonic Energy to commence mass production for higher-capacity EV batteries
Panasonic Energy Co., Ltd. (Panasonic Energy), a Panasonic Group company, has on Monday announced that it has finalized preparations for mass production of its high-capacity…
Malaysia’s ZUS Coffee raises $57.35M from KV Asia Capital, KWAP and Kapal Api for global expansion
Malaysia's tech-enabled coffee chain ZUS Coffee has secured investment from an investor consortium comprising private equity firm KV Asia Capital, pension fund Kumpulan Wang…
Singapore’s SDAX closes $50M Series B2 funding round
SDAX, Singapore’s Digital Asset Exchange, has announced on Tuesday the closing of its $50 million Series B2 funding round led by the Oman-based Muscat Precious Metals Refining…
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