India’s Ola Electric raises $384M in equity and debt round led by Temasek, State Bank of India
Ola Electric, an India-based electric vehicle (EV) company, has on Thursday announced the successful closure of INR 3,200 Crores ($384.4 million) funding as a part of its equity…
Bukalapak’s 3Q revenue up 29 percent on year, on track for profitability by year end
Indonesia-based technology firm Bukalapak announced Friday that its revenue grew 29 percent year-over-year to IDR 1.16 trillion ($72.79 million) in the third quarter ended…
Singapore’s Drive lah raises $5 million in funding led by ComfortDelGro
Singapore-based marketplace for car-sharing Drive lah has successfully secured a $5 million investment round. Singapore-based transport firm ComfortDelGro (CDG) has invested $2…
Indonesia’s J&T Express makes HKEX debut, raises $450M from global offering
J&T Global Express Limited (J&T Express), a global logistics service provider, has officially listed on the Main Board of the Hong Kong Stock Exchange on Friday under the…
Singapore’s Mesh Bio attains regulatory approval for HealthVector Diabetes
Singapore-founded health technology startup Mesh Bio has announced the regulatory approval of its HealthVector® Diabetes as a Software Medical Device (SaMD) by the Health Sciences…
DRB-HICOM invests in Carro’s auto fintech subsidiary Genie Malaysia
Edaran Otomobil Nasional Berhad (EON), a wholly-owned subsidiary of Malaysia-listed conglomerate DRB-HICOM, has made a strategic investment in Genie Malaysia, a subsidiary of…
Smart Communications dials into Google Cloud AI to help personalize digital services for Filipinos
Smart Communications, Inc. (Smart), the mobile services arm of PLDT Group, and Google Cloud have on Wednesday announced a collaboration to improve the accessibility of essential…
Infinaxis Data Centre Platform breaks ground on its inaugural data center in Cyberjaya
Infinaxis Data Centre Platform, a joint venture formed by a fund managed by Gaw Capital Partners and its partners, celebrated the groundbreaking on Wednesday as it officially…
Nadia Omer takes the helm at airasia MOVE as Chief Executive Officer
Airasia MOVE (formerly airasia Superapp) has announced Nadia Omer as its new Chief Executive Officer effective October 26, 2023, taking the helm from Mohamad Hafidz Mohd Fadzil…
Malaysia’s Careplus diversifies its business to electric vehicles
Malaysia-listed glove maker Careplus has diversified its existing business to include the business of electric vehicles (EV). The firm has undertaken a joint venture with…
Heidi Health completes $6.3 M Series A capital raise
Heidi Health, an artificial intelligence (AI) health-tech platform, has on Thursday announced the completion of an $6.3 million Series A capital raise to power its growth and…
Singapore’s YouTrip raises $50M Series B funding to accelerate regional expansion
YouTrip, a Singapore-based multi-currency digital payments platform, has on Thursday announced it has raised $50 million in its latest Series B fundraising round, led by new…
Singles’ Day, the evolution of e-commerce, and the trends involved
The #SinglesDay sale is the world’s biggest sales event and a global phenomenon. Set to take place again on 11 November 2023, many #ecommerce businesses are already preparing…
Singapore’s OCBC rolls out generative AI chatbot to all employees globally
Singapore-based lender OCBC announced Wednesday that it will avail a generative artificial intelligence (AI) chatbot to its 30,000 employees globally in November to assist them…
