Author: Duc Dao
Vietnam’s conglomerate Vingroup to invest $6.5B in India’s Maharashtra state, including $1.5B in electric vehicles
Vietnam's top conglomerate Vingroup will invest $6.5 billion in India's state of Maharashtra, including $1.5 billion in electric mobility.
Temasek-backed AI venture firm Xora Innovation appoints Eric Rosenblum as General Partner
Xora Innovation, an early-stage AI and deep tech venture firm backed by Singaporean state-owned investment firm Temasek, has appointed Eric Rosenblum as General Partner.
Singapore-headquartered ESR secures $850M to grow logistics, data centers
ESR, an Asia-Pacific-focused real asset owner and manager, has secured $850 million in additional equity capital from existing shareholders, strengthening its balance sheet and supporting its expansion strategy.
Singapore’s Velox Networks expands to Philippines
Velox Networks, a Singapore-based cloud telephony provider, has announced its expansion into the Philippines, marking its third Southeast Asian market after Singapore and Malaysia.
Japan’s Meiko Electronics to further invest $50M in Vietnam
Meiko Electronics, a Japanese manufacturer of printed circuit board (PCB), will invest $50 million in establishing Meiko Electronics Yen Quang, a new subsidiary in Vietnam.
Malaysia unicorn Carsome, Singapore CarTimes, Japan JACCS formalise auto financing partnership
Malaysia-based Carsome Group Inc, Southeast Asia’s largest integrated car e-commerce platform, Singapore's CarTimes Group, and Japan's JACCS have reached a strategic auto financing partnership in Singapore.
Malaysia-based Gobi Partners invests in payment firm Transak to support digital asset payment
Gobi Partners, a venture capital (VC) firm based in Malaysia and Hong Kong, has announced an unspecified investment in Transak, a company focused on enabling compliant transactions between traditional currencies and digital assets.
Singapore healthtech startup injewelme raises $1.2m to advance AI monitoring technology
Catalytic Capital for Climate and Health (C3H), a catalytic investment vehicle of Temasek Trust, has led a US$1.2 million funding round in Singapore-based AI healthtech startup injewelme, C3H said in a press release on Wednesday.
Amkor Technology urges Vietnam to prioritize LPG supply for semiconductor factory
The United States-headquarter semiconductor packaging & test services provider Amkor Technology urged Vietnam's northern province of Bac Ninh, home to its factory in Vietnam, to prioritize Liquefied Petroleum Gas (LPG) for semiconductor factory in case of energy shortage, if any.
Singapore AI startup OnSite raises $1.3M to solve construction inefficiencies
OnSite, a Singapore-based startup developing an AI-powered communication platform for the construction and facilities management industry, has raised S$1.7 million ($1.3 million) in a seed funding round.
