East Ventures appoints Avina Sugiarto as Partner

East Ventures, a pioneering sector-agnostic venture capital firm that has supported over 200 companies in Southeast Asia, announced Monday the appointment of Avina Sugiarto as a…

Malaysia’s Bank Islam launches digital banking app

Malaysia-listed banking firm Bank Islam Malaysia Berhad has on Sunday officially launched its fully cloud-native digital banking proposition named Be U, the first-of-its-kind…

Advance Intelligence Group acquires Singapore-based fintech startup Jewel Paymentech

Advance Intelligence Group, a Singapore-based unicorn tech start-up, announced on Monday its acquisition of Jewel Paymentech, a financial risk technology company specialising in…

India-founded healthtech firm Wysa secures $20M led by HealthQuad and BII

Wysa, an artificial intelligence (AI) digital platform for mental health originally founded in India, announced Thursday it has secured $20 million in financing. The round is led…

ShopBack launches ShopBack PayLater alongside global brand refresh

ShopBack, Asia-Pacific’s leading shopping and rewards platform, has launched ShopBack PayLater, a Buy Now, Pay Later (BNPL) payment option. As the entry point to rewarding…

Deliveree’s Tom Kim on solving logistics industry challenges through big data and predictive analysis [Q&A]

The ability to use big data to more accurately forecast booking durations will lead to our ability to craft fully utilized truck schedules. This will solve the problem of empty…

Vietnam’s VinFast opens six stores in California

Vietnamese electric vehicle manufacturer VinFast announced Friday the simultaneous opening of the first six VinFast Stores in California. In 2022, the firm will continue to open…

Indonesia’s DOKU acquires Malaysia’s senangPay for $7.5 million

DOKU, an Indonesia-based payment platform, announced Thursday it has expanded into Malaysia after acquired an online payment firm senangPay for $7.5 million. The acquisition…

Vietnam’s VinFast receives $1.2B incentives for US manufacturing hub in North Carolina

Vietnamese electric vehicle manufacturer VinFast announced Thursday it has received a $1.2 billion incentive package from the State of North Carolina for its electric vehicle…

Indonesian poultry startup Chickin raises seed funding led by East Ventures

Chickin, an Indonesia-based poultry startup, said Friday it has raised an undisclosed amount of seed funding led by East Ventures with the participation of other investors. The…

Metaverse in 2022 and beyond: NFTs, interoperability, IP rights and more

Such significant investments into the metaverse will more likely than not accelerate its launch, and its potential for many industries, including entertainment, gaming, and social…

India’s Detect Technologies raises $28M Series B funding led by Prosus Ventures

Detect Technologies, an artificial intelligence (AI)-based software as a service (SaaS) enterprise in India, announced Thursday that it has raised $28 million in primary and…

Johnson & Johnson VisionCare and A*STAR’s new eye health digital innovation Consortium harnesses the power of data to empower better eye health in APAC

Johnson & Johnson Vision, a global leader in eye health and part of Johnson & Johnson MedTech, has signed a Memorandum of Understanding (MoU) with the Agency for Science,…

Malaysia’s Carsome appoints football legend & icon Eric Cantona as brand ambassador

Malaysia-based integrated car e-commerce platform Carsome, announced Thursday the appointment of football legend, Eric Cantona, as its brand ambassador. In his capacity as…