AWS plans to invest $15.25B into its Japanese cloud infrastructure by 2027
Amazon Web Services (AWS) has on Friday announced its plans to invest 2.26 trillion yen ($15.25 billion) into its existing cloud infrastructure in Tokyo and Osaka by 2027 to meet…
BYD Singapore partners Charge+ to offer discounted electric charging rates
Electric vehicle manufacturer BYD Singapore, and electric charging infrastructure provider Charge+, have forged a strategic partnership which is set to bring exclusive benefits to…
VinFast’s 4Q EVs delivery rises 35 percent quarter on quarter to 13,513 units
Vietnamese automaker VinFast Auto Ltd. (VinFast) announced Thursday that it has delivered 13,513 units of electric vehicles (EVs) in the fourth quarter of 2023, up 35 percent…
India’s FinAGG Technologies secures $11M in Series A funding led by Blue Orchard, Tata Capital
FinAGG Technologies, an India-based fintech firm, has successfully raised $11 million in its Series A funding round. This financing was co-led by global impact investment manager…
Singapore’s The Parentinc acquires mum, baby, and kids’ products premium retailer Motherswork
Singapore-based parent community platform The Parentinc has entered the offline retail market by acquiring Motherswork, a premium retailer of mum, baby, and kids' products in…
India’s Alt Mobility raises $6M in funding co-led by Shell Ventures, Eurazeo, EV2 and Twynam
Alt Mobility, an India-based technology-enabled electric vehicle (EV) leasing and lifecycle management platform, has announced that it has raised $6 million in funding. The…
Dubai’s Tumodo raises $35M in pre-seed funding to boost business travel in MENA region
Tumodo, a Dubai-based business travel platform, announced Thursday it has successfully raised $35 million in a pre-seed round co-led by the Middle East and North Africa…
Grab Malaysia defends revamped delivery fee framework amid riders’ protest call
Grab Malaysia said that to strike a balance between all its stakeholders, the company constantly seek to review its policies to provide a fairer, more stable earnings to those who…
Mantle EcoFund completes $10M in investments with fresh funding for DeFi projects Merchant Moe, INIT Capital, Butter, Renzo, MUFEX and TsunamiX
Mantle EcoFund, promulgated through a Mantle Governance vote, MIP-24, in July 2023 as one of the largest ecosystem funds of its kind with a catalyzed capital pool of $200 million…
Warren Buffet-backed China’s EV giant BYD debuts in Indonesia – report
BYD is also accelerating its overseas footprint by setting up production facilities in Brazil and Thailand (with an annual production capacity of 150,000 units each) and expanding…
Singtel adds Starlink connectivity to its maritime portfolio of services to drive industry innovation and growth
Singapore Telecommunications Limited, commonly known as Singtel, announced Friday that it has added Starlink connectivity to its maritime portfolio of services to drive industry…
Australia’s Element Zero raises $10M in seed funding led by Playground Global
Element Zero, an Australia-based green materials platform company, announced Wednesday that it has raised $10 million in seed funding led by Playground Global. The firm will use…
Study shows bearish funding forecasts prompt focus on profitability among Filipino startups in 2024
Filipino startup founders are pessimistic on funding climate in 2024, and are shifting focus to profitability, a study showed Thursday.
Malaysia’s Meals in Minutes nets $1.5M from 500 Global to scale operations in Malaysia, Singapore, and the UK
Malaysian-based food startup Meals in Minutes has on Wednesday announced that it has successfully secured $1.5 million in a seed round. The round is led by an early-stage venture…
