SEA tech startups funding plunges 65 percent on year in first half
Companies in the Southeast Asia (SEA) tech space has raised $1.6 billion in the first half of 2024, a substantial 65 percent drop compared to the $4.5 billion raised in the first…
Gleneagles Hospital Kengeri partners Medulance to launch South India’s 5G-enabled ambulance service
Gleneagles BGS Hospital, Kengeri has announced the launch of South India's 5G-enabled ambulance service in partnership with Indian GPS-based technology platform Medulance.
Singtel, Deutsche Telekom, e&, SK Telecom, SoftBank Corp team up for developing multilingual Telco LLM
Singapore Telecommunications Limited (Singtel), Deutsche Telekom, e&, SK Telecom, SoftBank Corp., the founding parties of the Global Telco AI Alliance (GTAA), have signed a…
Malaysia’s HOMA2u raises capital from Asia Fund X for regional expansion
HOMA Sdn Bhd (HOMA2u), a Malaysian marketplace for overstocked and new renovation and interior design materials, announced Friday that it has secured an additional $625,000 from…
Embrace, enhance, empower: How AI is revolutionizing software development
AI has the ability to power innovation, create new business models, boost autonomous processes, and enhance security – all of which are crucial factors for businesses striving to…
China’s Luckin Coffee to enter Malaysian market with local partner – report
The entry comes at a time when Malaysians are seeing a rising number of local and international coffee chain brands and outlets in the country. Both local and international coffee…
Charge+ partners Porsche to launch 1,700km electric vehicle charging network in Vietnam
Charge+, a Singapore-based electric vehicle (EV) charging solutions provider, has partnered German automobile manufacturer Porsche to launch a 1,700 kilometers (km) EV Charging…
Carro gets $56M multi-currency loan from HSBC to fund fintech arm Genie Financial Services
Singapore-based online used car marketplace Carro has signed a SGD 75 million ($55.52 million) multi-currency loan with HSBC to fund its fintech arm, Genie Financial Services.
Norfund grants $30M convertible loan to Vietnam’s SeABank
Norfund, the Norwegian Investment Fund for Developing Countries, has decided to invest $30 million to Vietnam-based Southeast Asia Commercial Joint Stock Bank (SeABank) in form of…
Japan’s Ayudante acquires Singapore digital marketing company Sparkline
Ayudante, a Japan-based digital marketing and digital measurement consulting agency, has announced its acquisition of Sparkline, a Singapore-based digital marketing company.
Iskandar Investment Berhad partners TM-Nxera to drive digital transformation in Iskandar Puteri
Iskandar Investment Berhad (IIB), the master developer of Iskandar Puteri of Johor in Malaysia, via River Retreat Sdn Bhd, has entered into a strategic partnership with TM-Nxera,…
Singapore’s ZA Tech raises $35M in Series A funding led by EQT
ZA Tech, the Singapore-based next-generation insurance core system software as a service (SaaS) provider, has raised $35 million in Series A funding led by EQT and rebranded as…
Airwallex for Startups debuts in Singapore to help drive local startup success
Amid increasing positive sentiment about the business climate , Airwallex has launched its ‘Airwallex for Startups’ program in Singapore to further empower the city- state's…
UiPath survey reveals Singaporean workers have the highest rate of Gen AI usage globally
A new survey commissioned by UiPath, an enterprise artificial intelligence (AI) and automation software company, found that 60 percent of workers in Singapore are using generative…
