INA, ESR, and Mitsubishi join forces to invest in modern warehouse in Indonesia

Indonesia Investment Authority (INA), Hong Kong-listed real estate firm ESR Group, and MC Urban Development Indonesia (MCUDI), a 100% subsidiary of Mitsubishi Corporation engaged…

SoftBank partners NVIDIA for AI data centers across Japan

Japanese multinational investment firm SoftBank Corp has partnered with American multinational technology company NVIDIA on a pioneering platform for generative artificial…

Singaporean precision gut microbiome firm AMILI raises new funding led by East Ventures

AMILI, a Singapore-based precision gut microbiome company, has on Monday announced that it has secured new funding from venture capital firm East Ventures. The fresh funds will be…

India’s agrifoodtech sector funding falls 33 percent in 2022 : report

The agrifoodtech startup ecosystem in India mirrored the global slump in venture capital funding in 2022, with funding dropped 33 percent to $2.4 billion in 2022, from $3.6…

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Japanese tech firms eye Thailand’s 2 trillion baht digital economy

With the recent shift of some of the world's largest technology companies' supply chains out of China and into Southeast Asian markets like Vietnam, the whole region is poised to…

South and Southeast Asia fintechs raises $53.3B to date in alternative lending, digital banking, payments and transfers, and e-wallet

Over the entire history, fintechs in alternative lending, digital banking, payments and transfers, e-wallet sectors have raised a grand total of $53.3 billion and earned $17.8…

Malaysia’s TNB inks partnerships with energy players in Vietnam and Laos for renewable energy

Malaysian electricity utility Tenaga Nasional Berhad (TNB) has inked strategic partnerships with the major energy players in Vietnam and Laos to boost its ongoing drive to…

Gulf Binance secures digital asset operator licenses in Thailand

Gulf Binance Co., Ltd., a joint venture between Binance and Gulf Innova Co., Ltd. (Gulf), announced Friday that it has now secured digital asset operator licenses from the…

India’s XFlow raises $10.2M in Pre-Series A funding led by Square Peg

XFlow, an India-based financial services and infrastructure company, has on Thursday announced that it has raised a Pre-Series A round of $10.2 million. The round was led by…

ZA Bank to launch virtual asset trading services for retail investors under new licensing regime

ZA Bank, Hong Kong’s virtual bank, has Wednesday unveiled its plan to introduce virtual asset trading services for retail investors. With this move, the firm is set to support the…

Singapore’s Insider announces $105M investment led by QIA to accelerate M&A-focused strategy

Singapore-based marketing platform Insider has on Wednesday announced an investment of up to $105 million from existing investors, Qatar Investment Authority (QIA) — and Esas…

Mapletree Industrial Trust enters Japan with $370M data center acquisition in Osaka

Mapletree Industrial Trust Management Ltd., as manager of Singapore-based Mapletree Industrial Trust (MIT), has announced the acquisition of a newly built data center in Osaka,…

Lazada unveils eCommerce AI Chatbot LazzieChat in Southest Asia

Singapore-based e-commerce operator Lazada Group has released LazzieChat, the first eCommerce artificial intelligence (AI) chatbot of its kind in Southeast Asia powered by OpenAI…

MoneyHero plans to go public via merger with Bridgetown

CompareAsia Group Capital Limited (MoneyHero), a Singapore and Hong Kong-based financial products platform, is planning to go public in partnership with Bridgetown Holdings…