Singapore’s Food Empire secures $40M from Ikhlas Capital
Food Empire Holdings, a Singapore-based multinational food and beverage manufacturing and distribution group, has secured $40 million from private equity fund Ikhlas Capital…
Axrail opens Gen AI lab in Malaysia in collaboration with AWS and Phison
Axrail, an artificial intelligence (AI) subsidiary of Malaysian integrated agro-based business group QL Resources Berhad, has opened a generative AI (Gen AI) lab in Malaysia and…
Malaysia’s Paywatch secures $30M funding from a mix of equity and credit facilities
Malaysia-based earned-wage access (EWA) service provider Paywatch has raised $30 million in funding from a mix of equity and credit facilities to supercharge its growth.
Burnout leads to employee AI use at work
As AI becomes a larger part of the workplace, people must use these tools wisely. They may be excellent options for productivity, but they also have the potential to expose…
Malaysian climate fintech startup Okapi Technologies raises funding from The Radical Fund
Okapi Technologies, a Malaysia-based climate fintech startup in the solar financing space, announced Monday the successful closure of its funding round and official launch in…
ORIGIN: Asia Tech Conference: Cultivating Innovation: Strategies for Building a Conducive Environment for Tech Growth in Southeast Asia
The panelists, from corporate venture capital, venture capital firm and venture builder, shared their views on the criteria and support needed to build a conducive tech ecosystem.
OneFootball adopts Mocaverse’s Realm Network to offer Football ID to over 200 million football fans
Mocaverse, the marquee consumer network seeded by Animoca Brands, announced Friday a strategic partnership with OneFootball, a global football platform with more than 200 million…
India’s OrbitShift raises $7M in seed funding led by Peak XV’s Surge, Stellaris Venture Partners
OrbitShift, an India-based artificial intelligence (AI)-native sales operating system that accelerates enterprise sales motions, has announced $7 million in seed funding led by…
SEA tech startups funding plunges 65 percent on year in first half
Companies in the Southeast Asia (SEA) tech space has raised $1.6 billion in the first half of 2024, a substantial 65 percent drop compared to the $4.5 billion raised in the first…
Gleneagles Hospital Kengeri partners Medulance to launch South India’s 5G-enabled ambulance service
Gleneagles BGS Hospital, Kengeri has announced the launch of South India's 5G-enabled ambulance service in partnership with Indian GPS-based technology platform Medulance.
Singtel, Deutsche Telekom, e&, SK Telecom, SoftBank Corp team up for developing multilingual Telco LLM
Singapore Telecommunications Limited (Singtel), Deutsche Telekom, e&, SK Telecom, SoftBank Corp., the founding parties of the Global Telco AI Alliance (GTAA), have signed a…
Malaysia’s HOMA2u raises capital from Asia Fund X for regional expansion
HOMA Sdn Bhd (HOMA2u), a Malaysian marketplace for overstocked and new renovation and interior design materials, announced Friday that it has secured an additional $625,000 from…
Embrace, enhance, empower: How AI is revolutionizing software development
AI has the ability to power innovation, create new business models, boost autonomous processes, and enhance security – all of which are crucial factors for businesses striving to…
China’s Luckin Coffee to enter Malaysian market with local partner – report
The entry comes at a time when Malaysians are seeing a rising number of local and international coffee chain brands and outlets in the country. Both local and international coffee…
