Indian shared electric mobility firm Yulu raises $19.25M in equity funding from Magna & Bajaj Auto
Yulu, India’s largest shared electric two-wheelermobility company, has on Friday announced the successful equity infusion of $19.25 million in its business. The funds have been…
Grab reports first quarterly profit; to buy back shares
Southeast Asia superapp Grab Holdings Limited has posted a profit of $11 million in the fourth quarter ended December 31, 2023, compared to a net loss of $391 million in the prior…
MDEC partners BMCC to bolster digital trade and economic cooperation between Malaysia and UK
British Malaysian Chamber of Commerce (BMCC) and the Malaysia Digital Economy Corporation (MDEC) have on Thursday announced the signing of memorandum of understanding (MOU) in a…
Navigating the digital wave: opportunities & growth explored in EBANX’s Beyond Borders 2024 report
For global companies, rising economies represent an enormous growth opportunity, especially for digital businesses. Digital industries across the world have reached a plateau,…
Singapore coffee startup Prefer raises $2M in seed funding led by Forge Ventures
Singapore-based Prefer’s bean-free coffee has raised a $2 million seed round to secure global coffee supply. The firm said in a statement on Thursday that Forge Ventures led the…
India’s Varaha raises $8.7M in Series A funding round led by RTP Global
Varaha, an India-based full-stack climate-tech company that specializes in generating carbon credits from nature, has on Thursday announced it has raised $ 8.7 million. The Series…
Helicap partners Bank Danamon to support alternative lending in Indonesia
Singaporean finTech firm Helicap Pte Ltd and Indonesian lender PT Bank Danamon Indonesia Tbk (Danamon) have on Thursday announced a strategic partnership to support fintech and…
Malaysia’s TNB to develop hybrid hydro-floating solar photovoltaic projects
Malaysian utility firm Tenaga Nasional Berhad (TNB) is planning to build hybrid hydro-floating solar (HHFS) Photovoltaic (PV) projects under National Energy Transition Roadmap…
Budget 2024: Singapore’s AI ambitions reveal untackled challenges for adoption
Businesses will be compelled to act immediately to integrate their current business processes and capture the benefits that #AI and other innovations can bring. But to secure the…
US’s Aptar Digital Health acquires Singapore healthcare firm Healint
Aptar Digital Health, a global digital health solutions provider, has on Wednesday announced that it has acquired Healint, a Singapore-based digital health company. The…
Indonesia issues regulations requiring Google, Meta to compensate news publishers – report
"The spirit of the regulation is... to ensure a fair cooperation between media and digital platforms, provide clearer cooperation framework between them," Jokowi was quoted as…
Delivery Hero ends talks on potential sale of selected SEA foodpanda business
Delivery Hero SE, Germay-based local delivery platform, has on Wednesday announced that it has terminated discussions with the main negotiating counterpart regarding a potential…
South Korea’s InnoCSR secures new investment from ADB Ventures, Garden Impact Fund, and Clarion Newlife Capital
South Korea's green energy firm InnoCSR has secured a substantial investment for its technology, Good Bricks System, through a successful Series A funding round. This new…
