Carro posts record revenues, gross profit for FY2025

Carro, Asia Pacific’s largest online automotive platform, has posted a strong FY2025, achieving record revenues of S$1.2 billion ($920 million) and a gross profit of S$149 million…

Former Tesla team launches IndustrialMind.ai, raising $1.2M

IndustrialMind.ai, an artificial intelligence (AI) company founded by former Tesla manufacturing AI team, announced Thursday a $1.2 million pre-seed round.

Weixin Pay integrates with Thailand’s PromptPay to enhance cross-border payment convenience for Chinese tourists 

Weixin Pay has signed a strategic cooperation agreement with National ITMX (NITMX), the operator of Thailand's national real-time payment system, PromptPay.

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Why Singapore’s real estate is stuck in the past

Singapore already has the ingredients to lead the next chapter of real estate innovation: high digital literacy, rich datasets, and a supportive regulatory environment. The next…

TikTok inks partnership with Vietnam’s Ministry of Culture, Sports and Tourism to boost digital ecosystem

TikTok, the subsidiary of the China-based tech firm ByteDance, has signed a Memorandum of Understanding (MOU) with the Center of Digital Transformation under Vietnam's Ministry of…

Microsoft, Enterprise Singapore and NUS Enterprise team up to provide funding for 150 AI startups

Microsoft, Enterprise Singapore and NUS Enterprise – the entrepreneurial heart of the National University of Singapore (NUS), have teamed up to offer up to 150 qualified…

GoTo posts first ever profit, raises full year guidance

PT GoTo Gojek Tokopedia Tbk (GoTo), the largest digital ecosystem in Indonesia, announced Wednesday it has generated an adjusted pre-tax profit for the first time and has raised…

Canada expands investment in CCoE of Malaysia to boost advanced cybersecurity training in ASEAN

Global Affairs Canada is deepening its commitment to regional cybersecurity capacity-building by expanding its investment in advancing cybersecurity capacity building through the…

Airwallex launches startup program to fuel fintech founders growth

Singapore-based Airwallex has announced the global launch of its refreshed ‘Airwallex for Startups’ program, a comprehensive initiative designed to help founders turn finance into…

Singapore and India-based deeptech firm HYDGEN closes $5M Pre-A funding round

HYDGEN, a Singapore and India-based green hydrogen innovator with proprietary anion exchange membrane (AEM) electrolyzer technology, has closed a $5 million Pre-A funding round,…

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The entrepreneurial ecosystem is inclusive on paper, but less equitable in practice

To build a truly inclusive entrepreneurial ecosystem, we need to re-examine not just how we fund women founders, but how we define success itself.

Singapore’s 2C2P to invest $60M over next three years in technology, infrastructure and innovation

2C2P, the Singapore-based payments platform of Antom, will be investing $60 million over the next three years in technology, infrastructure and innovation.

France’s Publicis Groupe to acquire Singapore’s influencer agency HEPMIL Media

French multinational advertising and public relations company Publicis Groupe has entered into a definitive agreement to acquire HEPMIL Media Group, a Singapore-based influencer…

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