New World Development, Shell & Sime Darby Motors commit $6.37M to New World Green Transport Alliance

New World Development Company Limited (NWD) announced Thursday that the group has initiated the New World Green Transport Alliance (NWGTA) and signed a memorandum of understanding…

Pickupp And NUS collaborate to develop solutions aimed at revolutionising the Logistics Industry

The Institute of Operations Research & Analytics (IORA) at the National University of Singapore and Pickupp, an on-demand delivery platform, have recently signed a Research…

Tablevibe partners DoorDash to offer restaurants commission-free online ordering

Y Combinator-backed startup Tablevibe partners with Foodpanda, DoorDash, and other delivery platforms to offer a commission-free online ordering system to over one million…

Singapore-based MetaVerse Green Exchange steps up climate action in Southeast Asia with appointment of former Bank of England Senior Advisor

MetaVerse Green Exchange (“MVGX”), a digital green exchange licensed and regulated by the Monetary Authority of Singapore (“MAS”), announced on Thursday the appointment of former…

Brinc partners DayDayCook to invest $10M in food technology companies

Brinc, a Hong Kong-based venture accelerator with a global sustainability mandate, and DayDayCook, a Hong Kong-based content-to-commerce culinary platform, announced Thursday a…

Samsung SDI invests $1.3B in cylindrical battery lines in Malaysia

Samsung SDI announced Thursday it will invest 1.7 trillion won ($1.3 billion) in cylindrical battery lines in Malaysia to accelerates challenge to be global top tier company by…

Bezos-backed Ula wants to help digitalize MSMEs in Indonesia. Here’s how. [Q&A]

We talked to Ula’s Co-Founder and Chief Technology Officer Alan Wong to learn more about the key barriers of adoption for digital tech in Indonesia outside of big metro areas, its…

SGTech launches Smart Nation Colab to strengthen SMEs role in Singapore’s Smart Nation vision

With digitalization key to accelerating the transformation of the built environment sector, the recent government-led Smart Nation initiatives reinforce the need to build a…

India’s Shaka Harry raises $2M seed funding led by Better Bite Ventures, Blue Horizon and Panthera Peak

Indian plant based meat company Shaka Harry said Wednesday it has received a total investment of $2 million in seed funding round led by Better Bite Ventures, Blue Horizon and…

Thailand Post Distribution and SWAT Mobility collaborate to drive sustainability through AI Innovation in deliveries

Thailand’s leading courier company, Thailand Post Distribution, signed a Memorandum of Understanding (MOU) on Wednesday, with Singapore-based smart mobility firm, SWAT Mobility.

Carsome expands Malaysia-based regional headquarters

Southeast Asia’s largest integrated car e-commerce platform Carsome announced Wednesday the expansion of its regional headquarters in Malaysia, which signifies the company’s…

XLD Finance raises $13M pre-series A funding led by Dragonfly Capital and Infinity Ventures Crypto

XLD Finance, a borderless decentralised ecosystem that provides financial tools to emerging economies, announced Wednesday that it has successfully raised $13 million during the…

B Capital closes $250M early-stage fund dedicated to building the economy of the future

B Capital, a global multi-stage investment firm, announced Wednesday the $250 million close of Ascent Fund II (Ascent), its first dedicated early-stage fund.B Ascent invests in…