Suzuki launches $40M fund in India to support social entrepreneurs

Suzuki Motor Corporation has launched $40 million fund in India to support social entrepreneurs.

Tracxn : SEA FinTech startups funding drops 25 percent in first half

Total funding into Southeast Asia (SEA) FinTech startups fell 25 percent to $899 million in the first half of 2024 from $1.2 billion a year ago, Tracxn said Friday.

Pakistan’s DealCart raises $3M in seed funding round led by Shorooq Partners and Sturgeon Capital

DealCart, a Pakistan-based social e-commerce startup, has successfully raised $3 million seed in a funding round led by Shorooq Partners and Sturgeon Capital. The round also saw…

Capital A’s digital edtech venture airasia academy rebrands as Outclass

Airasia academy, the digital edtech venture of Malaysia-based Capital A, has rebranded as Outclass, a next-generation learning experience platform designed to empower individuals…

Malaysia & Indonesia emerge as prime beneficiaries in Asean amid data center boom

“We identify Malaysia and Indonesia as prime beneficiaries of the spur in data center investment due to their location advantage, which makes them the ideal gateway for…

Teleport, MJets Air strengthen collaboration with new interline partnership to enhance cargo operations

Malaysia's cargo solution provider MJets Air Sdn Bhd and logistics firm Teleport Everywhere Pte Ltd (Singapore) (Teleport) have strengthened collaboration with new interline…

CBC-Backed Hasten Biopharmaceutical acquires 14 Celltrion Legacy products

Singapore-based healthcare-dedicated asset management firm CBC Group announced that its controlled portfolio company, Hasten Biopharmaceutical (Hasten), an innovation-driven…

Malaysia’s pitchIN launches the pitchIN Secondary Trading Market

PitchIN, Malaysia’s digital fundraising and investmenthub, has on Wednesday announced that it is launching PSTX, the pitchIN Secondary Trading Market. PSTX is Malaysia’s first…

China’s BYD opens EV factory in Thailand, first in Southeast Asia – report

In May, it was reported that BYD plans to build an automotive assembly plant in Indonesia’s West Java, with groundbreaking scheduled for July.

HIMSS partners SNS Network to advance digital health transformation in Malaysia

Malaysia-listed information and communications technology (ICT) system and solutions provider SNS Network Technology Berhad has partnered with global health advocate Healthcare…

Open Campus receives grant from Arbitrum Foundation to launch EDU Chain

Open Campus, the decentralized education protocol backed by various launch partners including Animoca Brands, announced Thuesday it has received designated grant funding from the…

South Korea’s Hyundai & LG Energy open Indonesia’s first battery cell plant – report

Hyundai Motor Group and LG Energy Solution opened a $1.1 billion battery cell plant in Indonesia.

Global Founders Capital and Insight Partners launch Singapore-headquartered SaaS firm Summit

Germany-based venture capital firm Global Founders Capital and United States-based investment firm Insight Partners have teamed up to launch Summit, a Singapore-headquartered…

Malaysian lender CIMB sets 2030 climate targets to accelerate net zero by 2050

Malaysian bank CIMB Group Holdings Berhad has on Wednesday announced its 2030 climate targets for its oil and gas and real estate portfolios, becoming the first Malaysian bank to…