EY: over half of Malaysian employees feel generative AI will positively impact their work

More than half (63 percent) of employees in Malaysia anticipate that generative artificial intelligence (GenAI) will improve their way of working flexibly, exceeding the global…

Hong KongOneDegree secures funding from Dubai Insurance; launches partnership for digital asset insurance

OneDegree, a Hong Kong-based licensed insurer for digital assets, has partnered with Dubai Insurance Company to offer digital asset insurance in the United Arab Emirates (UAE). As…

GoTo receives validation from SBTi on its net-zero target

PT GoTo Gojek Tokopedia Tbk (GoTo), the largest digital ecosystem in Indonesia, has on Thursday announced that its near and long-term greenhouse gas emissions reduction targets…

TNGlobal’s Top 10 most-read analysis & feature articles in 2023

It’s the time of the year again as we take a look back at what happened throughout 2023 in the tech and startup scene in Southeast Asia.

India’s Aye Finance raises $37M in Series F funding led by British International Investment

Aye Finance, an India-based micro-enterprise lender, has entered into definitive agreements for INR 310 crores ($37 million) in Series F funding, led by United Kingdom's…

India’s PlasmaGen Biosciences completes $27M equity financing

PlasmaGen Biosciences, a biopharmaceutical company focused on blood plasma-derived pharmaceutical products for India and emerging markets, announced that it has raised 225 crores…

Indonesia Fintech JULO adds insurance inclusion to financial inclusion with JULO Cares

JULO, an Indonesian peer-to-peer financial technology company, has launched JULO Cares on Friday, an insurance cover embedded within the core JULO digital credit solution. This…

SWC Global leads $5.41M series A financing in Indonesian D2C startup Rosé All Day Cosmetics

Halal-certified direct-to- consumer (D2C) Indonesian beauty brand Rosé All Day Cosmetics (RADC) announced Friday it has successfully closed a series A funding round of $5.41…

Standard Chartered: $17B in retail investor capital could be mobilized to combat climate change in Malaysia

Standard Chartered’s latest Sustainable Banking Report2023 shows $17 billion of retail investor capital could be mobilized towards climate investments in Malaysia by 2030. Within…

US venture capital firm In-Q-Tel establishes office in Singapore

United States venture capital firm In-Q-Tel, Inc. (IQT) has announced the opening of a new office in Singapore. This strategic expansion into Singapore reflects the region’s…

Singapore’s Pave Bank launches with $5.2M funding round for programmable money

Singapore-based multi-asset and programmable bank Pave Bank has been launched with $5.2 million seed money. The seed funding round was led by 468 Capital with participation from…

Careplus partners GoAuto to set up EV plant in Malaysia

Malaysia-based glovemaker Careplus Group Berhad is partnering electric vehicle (EV) mobility firm GoAuto Group to set up an EV plant in Malaysia with gross development value (GDV)…

01Fintech invests $20M in Validus to drive SME financing in the Southeast Asia region

01Fintech, a growth stage private equity firm founded by former Ant-Group executive and specializing in financial technology in Southeast Asia, has on Wednesday announced a…

GoTo struck TikTok deal to stop market share slide, CEO says – report

TikTok Shop more than doubled its market share to 11 percent this year, Walujo said on a conference call with investors on Thursday. GoTo’s share of the pie shrank to 23 percent…