Samsung SDI invests $1.3B in cylindrical battery lines in Malaysia
Samsung SDI announced Thursday it will invest 1.7 trillion won ($1.3 billion) in cylindrical battery lines in Malaysia to accelerates challenge to be global top tier company by…
Bezos-backed Ula wants to help digitalize MSMEs in Indonesia. Here’s how. [Q&A]
We talked to Ula’s Co-Founder and Chief Technology Officer Alan Wong to learn more about the key barriers of adoption for digital tech in Indonesia outside of big metro areas, its…
SGTech launches Smart Nation Colab to strengthen SMEs role in Singapore’s Smart Nation vision
With digitalization key to accelerating the transformation of the built environment sector, the recent government-led Smart Nation initiatives reinforce the need to build a…
India’s Shaka Harry raises $2M seed funding led by Better Bite Ventures, Blue Horizon and Panthera Peak
Indian plant based meat company Shaka Harry said Wednesday it has received a total investment of $2 million in seed funding round led by Better Bite Ventures, Blue Horizon and…
Thailand Post Distribution and SWAT Mobility collaborate to drive sustainability through AI Innovation in deliveries
Thailand’s leading courier company, Thailand Post Distribution, signed a Memorandum of Understanding (MOU) on Wednesday, with Singapore-based smart mobility firm, SWAT Mobility.
Carsome expands Malaysia-based regional headquarters
Southeast Asia’s largest integrated car e-commerce platform Carsome announced Wednesday the expansion of its regional headquarters in Malaysia, which signifies the company’s…
XLD Finance raises $13M pre-series A funding led by Dragonfly Capital and Infinity Ventures Crypto
XLD Finance, a borderless decentralised ecosystem that provides financial tools to emerging economies, announced Wednesday that it has successfully raised $13 million during the…
B Capital closes $250M early-stage fund dedicated to building the economy of the future
B Capital, a global multi-stage investment firm, announced Wednesday the $250 million close of Ascent Fund II (Ascent), its first dedicated early-stage fund.B Ascent invests in…
India’s Ola to invest $500M in battery innovation and indigenous cell R&D
la Electric, India’s largest electric vehicles (EV) company, announced Monday the investment of $500 million for setting up its state-of-the-art battery innovation center (BIC) in…
ADA acquires SingPost’s eCommerce unit to expand eCommerce solutions across APAC
ADA, the regional integrated end-to-end eCommerce practice, said Tuesday it has acquired SingPost’s eCommerce arm. This deal, which includes the unit’s assets and staff, will…
Phillip Securities becomes first brokerage firm in Asia to offer US Market Making service during Asian market hours
Phillip Securities, the brokerage arm of PhillipCapital, launched the US Asian Hours on 19 July 2022, which facilitates the trading of 38 US-listed equities and exchange-traded…
Singapore’s Fintonia awarded provisional virtual assets license in Dubai
Fintonia Group, an entrepreneurial financial services company based in Singapore, announced Tuesday that it has secured a provisional virtual asset license granted by the Dubai…
AnyMind Group raises $29.4M in Series D funding to drive next-generation commerce
AnyMind Group, an end-to-end commerce enablement company has announced on Tuesday that it has raised ¥4 billion (approximately $29.4 million) in its Series D funding round, with…
