Singapore’s Carro in talks to raise over $100M ahead of potential US IPO – report
Carro is also in the midst of securing “triple digit million dollar” financing from banks at around 5 percent annually.
UBS Optimus Foundation and Swiss Re Foundation invest over $2M to kickstart a new partnership with Terratai
Terratai, an Indonesia-based venture builder dedicated to driving investment into scalable nature-based companies, has announced a new partnership with UBS Optimus Foundation and…
Binance pleads guilty to US money laundering violations, CEO Changpeng Zhao steps down
Binance’s Founder and Chief Executive Officer, Changpeng Zhao, a Canadian national, also pleaded guilty to failing to maintain an effective anti-money laundering (AML) program, in…
Sam Altman will return as OpenAI CEO after staff threatened to resign
Altman’s departure follows a deliberative review process by the board, which concluded that he was "not consistently candid in his communications with the board", hindering its…
India’s Scapia raises $23M in Series A round led by Elevation Capital and 3STATE Ventures
Scapia, the India-based fintech company, has raised $23 million in its Series-A funding round, led by Elevation Capital and 3STATE Ventures. The round also saw participation from…
Hong Kong’s Klook supercharges innovation at scale with generative AI from Google Cloud
Google Cloud and Klook, Hong Kong's platform for experiences and travel services, have on Wednesday announced a collaboration to amplify Klook’s activity content and customer…
PropertyGuru posts net profit of $224,022 in third quarter
Singapore-based prop-tech firm PropertyGuru has returned to the black by achieving a net profit of S$ 300,000 ($224,022) in the third quarter ended September 30, 2023, as compared…
Wavemaker Partners leads $1.5M seed+ funding round for premier Indian faith-tech start-up VAMA
Wavemaker Partners, an early-stage venture capital firm based in Singapore, has led the seed+ funding round for premier Indian faith-tech start-up VAMA.app. Wavemaker Partners…
Singapore’s iFAST unveils digital hub in Malaysia
Singapore-based fintech platform iFAST Corporation Ltd. has announced the official launch of iFAST Global Hub.ai in Malaysia, a pivotal initiative in the group's three-year growth…
How open-source fosters trust and innovation: Q&A with Ant Group’s Wang Xu
This TNGlobal Q&A with Mr. Wang Xu, Vice Chairman of the Open-Source Technology Committee at Ant Group, aims to explore the underlying motivations for Ant Group's commitment to…
Turn Capital acquires Flash Coffee in Thailand
Thailand tech-enabled coffee chain Flash Coffee announced Tuesday that Turn Capital has acquired its Thailand business/franchise to fuel further growth within the country.…
Animoca Brands partners Ubisoft’s Strategic Innovation Lab to support Web3 initiatives on Mocaverse
Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the open metaverse, has on Tuesday announced that it will collaborate with Ubisoft’s…
Smart Malaysia launches all-new gen EV smart #1
Smart Malaysia, a unit of Chinese automaker Geely, has on Tuesday announced the official pricing for its all-new electric vehicle (EV), the smart #1. The prices of the smart #1…
Google Cloud appoints cloud evangelist and veteran leader Serene Sia to lead Singapore business
Google Cloud has on Tuesday announced the appointment of Serene Sia as Country Director of its business in Singapore. Sia will be responsible for leading go-to-market strategy and…
