Indonesia’s Bukalapak achieves profitability in FY22 on investment gains

Indonesian e-commerce firm PT Bukalapak.com Tbk (Bukalapak) has achieved profitability in financial year ended December 31, 2022 (FY22) on investment gains.

Singapore’s STACS partners Thailand Greenhouse Gas Management Organization for carbon credit market

Singapore's environmental, social, and governance ESG fintech STACS has partnered Thailand Greenhouse Gas Management Organization to bring greater transparency to the carbon…

Gogoro partners Zomato, Kotak Mahindra Prime to accelerate electric vehicles adoption in India

Gogoro Inc., a Taiwan-based battery swapping firm, has on Tuesday announced a partnership with Zomato, the food ordering and delivery platform in India, and Kotak Mahindra Prime…

Thai insurtech Roojai raises $42M Series B funding led by HDI International

Roojai, a Thai-based online business to consumer (B2C) insurtech, has announced a $42 million Series B funding round led by HDI International, the international retail insurance…

Indonesia’s Social Bread officially launched after raising $400,000 seed funding led by East Ventures

Social Bread, an Indonesia-based digital marketing marketplace to support business owners, predominantly small and medium enterprises (SMEs), has been officially launched.

Xapo Bank becomes fully licensed bank to enable USDC deposits and withdrawals

Xapo Bank, a bitcoin custodian and licensed private bank based in Gibraltar, has collaborated with Circle, a global financial technology company helping money move at internet…

Malaysia’s private equity and venture capital funding up 8.43 pct to $3.64B in 2022

Malaysia's private equity (PE) and venture capital (VC) funding rose 8.43 percent to MYR16.08 billion ($3.64 billion) in 2022 from MYR14.83 billion ($3.35 billion) a year ago,…

GDS, TNB sign supplemental agreement for powering data center campus in Malaysia

China-based data centers developer and operator GDS has signed a supplemental agreement with Malaysia-based utility firm Tenaga Nasional Berhad (TNB) for powering data center…

Vinfast expects to ship V8 electric SUVs to North America in early April

Vietnamese car maker Vinfast expects to export the VF 8 electric sport utility vehicles (SUVs) standard edition models to the United States and Canadian markets in April 2023.

Aussie startup Cauldron secures $7M to scale precision fermentation tech

Cauldron, the Australian company for precision fermentation facilities, has raised AUD$10.5 million ($6.98 million) from local and global investors to expand its existing pilot…

Advisonomics partners Kakitangan.com to provide financial planning app in Malaysia

Malaysia-based financial planning firm Advisonomics has joined hands with cloud payroll and human resource software provider Kakitangan.com to work together in making the CashKu…

SVB’s unexpected collapse: The intersection of risk management and communication

SVB’s failures should be a case study for tech entrepreneurs and VCs around the world that companies need to look beyond marketing's upside and start to realize the value of…

Staying ahead of the curve in AI innovation: A conversation with CUE Group Southeast Asia’s Managing Director Daniel Posavac [Q&A]

Posavac discusses how AI technology can help discover outliers and missing values in big data and gives examples of how video AI technology can be customized to address different…

Mystifly closes $8M in Pre Series B funding to expand operations in Singapore

Singapore-based travel technology company Mystifly, announced Friday it has closed $8 million in Pre Series B funding.The funding was from Cornerstone Venture Partners (CSVP),…