Indonesia and Malaysia announce commercial launch of cross-border QR payment linkage

Bank Indonesia (BI) and Bank Negara Malaysia (BNM) have on Monday announced the commercial launch of the Indonesia-Malaysia cross-border QR payment linkage. The commercial launch…

Indonesia’s UENA raises new funding co-led by East Ventures, Trihill Capital

UENA, a hyperlocal online food and beverage (F&B) startup based in Indonesia, has raised an undisclosed amount of new funding co-led by the existing investor, East Ventures,…

MAS imposes further additional capital requirement on DBS Bank for disruption of banking services

The Monetary Authority of Singapore (MAS) has imposed on DBS Bank Ltd (DBS Bank) an additional capital requirement, following the widespread unavailability of DBS Bank’s digital…

Singapore’s Bitdeer partners Bhutan’s investment arm to launch $500M green digital asset mining operations

Bitdeer Technologies Group (Bitdeer), a Nasdaq-listed technology company for the cryptocurrency mining community, and Druk Holding and Investments (DHI), the commercial arm of the…

Indonesian supply chain enabler Praktis raises $20M Series A round led by East Ventures

Praktis, an end-to-end supply chain enabler based in Indonesia, has raised $20 million of series A round led by East Ventures (Growth fund) with participation from Triputra Group…

Indonesian chat commerce enabler Mimin secures seed funding from Salim Group’s Otto Digital

Mimin, an Indonesian-based startup offering chat commerce solutions and virtual assistant services for businesses, has on Friday announced its seed funding from Otto Digital, a…

India’s BluSmart raises $42M to strengthen its operations in mega cities

BluSmart Mobility, India’s electric vehicle (EV) ride-hailing service and EV charging superhub infrastructure operator, has on Thursday announced that it has raised $42 million in…

Debunking 5 common misconceptions about product-market fit

To better understand this vital aspect of company building, we debunk some common misconceptions about PMF, explore its importance for long-term growth, and examine real-world…

Is Hong Kong ready for the return of the digital assets industry?

Asia’s financial center aims to become a center for digital assets, but the road to achieving that is a long one.

Singapore’s Integra Partners closes second fund at $90M

Singapore-based early-stage venture fund Integra Partners (Integra), has on Thursday announced the final close of its second fund Integra Partners Fund II LP (Integra Partners…

Sunway, Gentari and EV Connection ink MoU to develop Electric Vehicle charging infrastructure across Malaysia

Malaysian conglomerate Sunway Group, clean energy solutions company Gentari Sdn Bhd, and electric vehicle (EV) charging solutions provider EV Connection Sdn Bhd, have sealed a…

Dyson to open advanced manufacturing plant for next generation batteries in Singapore

Dyson, the global technology company, has on Wednesday announced a major acceleration of its international advanced manufacturing capabilities and global research and development…

Singapore’s Advance Intelligence raises $80M funding led by Warburg Pincus, Northstar

Advance Intelligence Group, a Singapore-based artificial intelligence (AI)-driven technology company, has on Wednesday announced it has raised $80 million from an investor…

Indian venture capital firm Chiratae Ventures raises $122.5M for Growth Fund

Chiratae Ventures, India's largest homegrown venture capital fund, has successfully concluded the fundraising for its first Chiratae Growth Fund (CGF-I), raising INR 1001 cr…