TechNode Global Staff
News,Electric Vehicles & Mobility,Asia
India’s Turno secures $6M in Series-A extension funding round co-led by British International Investment, Quona Capital
Turno, an India-based electric vehicle (EV) distribution and financing company, has raised $6 million as an extension to its Series-A funding. The round was co- led by British International Investment (BII), the United Kingdom’s development finance institution and impact investor, Quona Capital, Stellaris Venture Partners and B Capital.
May 30, 2024
Google to invest $2B for data center and cloud region in Malaysia
Google announced Thursday that it has committed an investment of $2 billion in Malaysia, including the development of its first Google data center and Google Cloud region to meet the growing demand for cloud services locally and around the world, and artificial intelligence (Al) literacy programs for Malaysian students and educators.
May 30, 2024
Innovate UK Global Incubator Program back in Singapore to boost clean tech ventures
The Innovate UK Global Incubator Program, a collaborative initiative between Singapore Deep Tech Alliance (SDTA), Better Earth Ventures (BEV), and Innovate UK, has returned to Singapore to boost clean tech ventures.
May 29, 2024
MOVE Digital’s revenue drops in first quarter due to declining AirAsia flights sale
MOVE Digital, the digital arm of Malaysia-based Capital A, saw its revenue fell 18 percent year on year to MYR 130.2 million ($27.68 million) in the first quarter. The drop was mainly attributed to decline in sale of AirAsia flights due to heightened price competition in the online travel agency (OTA) landscape, and the cessation of commissions from sales…
May 29, 2024
News,Malaysia,Electric Vehicles & Mobility
Sunway, Huawei, ChargeSini team up to expand EV charging infrastructure in Malaysia
Malaysian conglomerate Sunway Group (Sunway), technolgy firm Huawei Technologies (Malaysia) Sdn Bhd (Huawei Malaysia), and electric vehicle charging solutions firm ChargeHere EV Solution Sdn Bhd (ChargeSini) have teamed up to expand EV charging infrastructure in Malaysia.
May 29, 2024
Malaysia to allocate $5.3B funding to operationalize the National Semiconductor Strategy
Malaysia's Prime Minister Anwar Ibrahim said Tuesday that the government will allocate at least MYR 25 billion ($5.3 billion) in fiscal support to operationalize the three phases National Semiconductor Strategy (NSS) with targeted incentives.
May 29, 2024
Curlec by Razorpay inks partnership with TNG Digital
Malaysia’s fintech firm Curlec by Razorpay has announced its partnership with TNG Digital, the operator of TNG eWallet. Directly integrated with the TNG eWallet enables Curlec to work collaboratively to empower underserved markets to improve financial accessibility for merchants and consumers nationwide.
May 29, 2024
Singapore fintech firm Aspire enters Hong Kong, positioned for further growth across Asia
Aspire, a finance platform headquartered in Singapore, has on Wednesday announced that the company has successfully obtained a money service operator (MSO) license issued by the Hong Kong Customs and Excise Department.
May 29, 2024
Philippines-based Beppo secures pre-Seed funding to acquire JuanTax, bookkeeping firms
Philippines-based fintech startup Beppo has concluded a pre-Seed funding round, enabling the company to acquire JuanTax, a Bureau of Internal Revenue (BIR)- accredited tax platform, and five pioneering bookkeeping firms.
May 29, 2024
News,eCommerce,Singapore,Malaysia
Singapore’s AnyMind Group completes acquisition of Malaysia’s Arche Digital
AnyMind Group, a Singapore-based business process as a service (BPaaS) company for marketing, e-commerce and digital transformation, has on Wednesday announced the completion of its full acquisition of Malaysia-based e-commerce enabler, Arche Digital.
May 29, 2024