Vietnam’s homegrown carmaker VinFast’s in high gear to win US & European EV markets
VinFast, on the other hand, is taking a different approach. It is building a global EV brand. Besides its manufacturing complex in Hai Phong, Vietnam, VinFast will build a plant…
The cost-benefit analysis of database backup strategies
In Southeast Asia, data protection as a business culture is still gaining awareness, and with remote working becoming more common, greater urgency and action are needed. Data…
Indian EdTech firm upGrad acquires corporate training solutions provider Centum Learning
UpGrad, an India-based higher edtech company has announced the 100 percent acquisition of corporate training solutions leader Centum Learning (Centum) in a share swap deal.
WeLab and Astra complete Bank Jasa Jakarta acquisition
WeLab, a Hong Kong-based fintech platform, announced Monday the completion of the acquisition of an Indonesian commercial bank, PT Bank Jasa Jakarta (BJJ), together with PT Astra…
Singapore’s Nutrition Technologies closes $20M equity round led by PTT Ventures
Singapore-based agri-biotech company Nutrition Technologies has on Monday completed an equity venture round of $20 million led by PTT Ventures. The round was supported by Sumitomo…
MAS and IFSCA to pursue cross-border FinTech innovations
The Monetary Authority of Singapore (MAS) and the International Financial Services Centres Authority (IFSCA) on Monday signed a FinTech co-operation agreement (CA) to facilitate…
Hong Kong’s Animoca Brands to acquire US gaming firm WePlay Media
Animoca Brands, the Hong Kong-based blockchain gaming firm, announced Friday it will acquire WePlay Media Holdings LLC, the sole shareholder of XXL Racing LLC, an official…
Why Ethereum Merge will be game-changing for DeFi and crypto investing
Ethereum post-Merge will be much more attractive to institutional investors keen on ESG and earning stable yields, writes Wei Zhou of Coins.ph. Here’s why.
US’s Sigmoid closes $12M primary and secondary fundraise from Sequoia Capital India
Sigmoid, a United States-based data engineering, analytics and artificial intelligence (AI) solutions company, announced Thursday that it has closed a Series B investment of $12…
Winter is coming, but startups can be prepared with the right tech planning
Cloud services provide access to top-notch infrastructure at low upfront costs and allow startups to launch products at a faster pace. It also helps the product team to scale…
Sequoia India and Southeast Asia’s Surge back EdTech firm Virtual Internships $14.3M fund raise
Virtual Internships, a United Kingdom-based EdTech company, announced Thursday that it has closed a $14.3 million Series A raise led by Hambro Perks. The round was also supported…
Sea Ltd’s top management to forgo salaries as firm cuts cost – report
The company’s main objective for the next 12 to 18 months is to achieve positive cash flow as soon as possible.
Japan’s Softbank considers launching third Vision Fund – report
Softbank would likely use its own cash for what would be the third SoftBank Vision Fund if it moves ahead with the plan, the people reportedly said.
US’s Orbital Insight expands to Southeast Asia with Thailand as its first target
Orbital Insight, a geospatial analytics and location intelligence solutions provider based in Palo Alto, California, announced Thursday its expansion into Southeast Asia. The…
