Japan’s Monex to acquire majority stake in Canadian digital asset manager 3iQ for $39.8M
Monex Group, Inc., a Japanese financial group that runs online brokerage, crypto exchange, and asset management business in Japan and globally, will acquire the majority stake of…
How these 3 trends are catalyzing the adoption of real world assets
While there are important hurdles to adopting real world assets, enterprise solutions are emerging too. Here are three key ways that are catalyzing the institutional adoption and…
[Year in review] Southeast Asia’s Top 10 tech news in 2023
As we usher into 2024, with the hope for a better year, here are some of the top tech news in 2023.
China’s EV boom signals the end of the age of oil
China boasts the world’s largest EV market and a 2000 km EV road trip across the country by Bloomberg News offered a glimpse of the end of the age of oil.
Indonesian quick commerce startup Dropezy expands into poultry downstream industry, rebrands to Sekilo
Indonesian quick commerce startup Dropezy has expanded into the poultry downstream industry and rebranded to Sekilo. The firm said that motivated by a commitment to address…
India’s Adani Green Energy raises $1.13B to boost capacity
Adani Green Energy Ltd (AGEL), India’s largest renewable energy developer, said its shareholders will invest INR 9,350 crore ($1.13 billion) in the company to boost its capacity.…
Malaysia’s LiveIn secures $8.3M in pre-Series B funding to accelerate regional expansion
LiveIn, a Malaysia-based proptech firm, has successfully secured $8.3 million in its pre-Series B funding round. The round was led by Wavemaker Partners and InterVest, with…
Corrective Aesthetics partners Teda Technology to tackle Malaysia’s rising mental health crisis
In response to the escalating mental health crisis in Malaysia, tech firms Corrective Aesthetics Sdn Bhd and Teda Technology Sdn Bhd have announced a groundbreaking collaboration…
Golden Gate Ventures expands global footprint with first regional MENA office in Saudi Arabia
Golden Gate Ventures, a Singapore-based venture capital fund founded by Silicon Valley natives, has on Monday announced the establishment of their first Middle East and North…
Kitchens@ secures $65M Series C funding from Finnest
Kitchens@, an India-based cloud kitchen startup, has raised $65 million in Series C funding from Finnest, an emerging growth investment firm headquartered in London. The raised…
Whampoa Digital partners Wemade for $100M Web3 fund in Middle East
Whampoa Digital, the digital assets investment arm of Singapore-based Whampoa group, has partnered with South Korean gaming company Wemade for $100 million Web3 Fund and digital…
Japan’s Sumitomo Life acquires Singlife 35.48 percent stake for $1.21B
Japan-based Sumitomo Life Insurance Company has entered into an agreement with TPG Inc. to acquire TPG’s 35.48 percent stake in Singapore Life Holdings Pte. Ltd. (Singlife) for…
Blackstone inks deal to acquire Sony Payment Services
American alternative investment management company Blackstone has on Friday announced that it has inked deal to acquire a majority stake in Sony Payment Services Inc. (SPSV), one…
Malaysia’s TNB partners Sime Darby to accelerate sustainable township development in Malaysia
Malaysian utility firm Tenaga Nasional Berhad (TNB) and property developer Sime Darby Property Berhad have joined forces in a landmark collaboration aimed at expediting…
