TechNode Global Staff

Vietnamese automaker VinFast has officially opened its first dealer store in Indonesia. In addition to partnering with PT Gallerie Setia Utama, VinFast plans to significantly expand its EV distribution network across major cities in Indonesia throughout 2024.

Carousell Group, a multi-category platform for secondhand in Greater Southeast Asia, has acquired the business of Singapore’s luxury bag reseller and authenticated luxury consignment platform LuxLexicon.

Germany-based automaker the BMW Group and India-based product engineering and digital services company Tata Technologies have signed an agreement to form a Joint Venture (JV) with the aim to establish an automotive software and information technology (IT) development hub in Pune, Bengaluru and Chennai, India.

Jaya Grocer, a Malaysia-based mass-premium supermarket chain, has partnered with earned wage access (EWA) provider Paywatch, to enable real-time access to salaries for Jaya Grocer employees.

Vietnamese battery startup Alternō has successfully secured over $1.5 million in an oversubscribed round co-led by leading impact and venture capital funds The Radical Fund (Singapore) and Touchstone Partners (Vietnam).

Malaysian roadside assistance company Bateriku (M) Sdn. Bhd. (Bateriku.com) has raised MYR 10 million ($2.11 million) from government-backed impact investment companies VentureTECH Sdn. Bhd. (VentureTECH) and VentureTECH SBI Sdn. Bhd. (VentureTECH SBI) to expand its connected roadside assistance services.

Malaysia has on Monday unveiled a blueprint for venture capital growth and economic empowerment. Crafted through meticulous collaboration and strategic foresight, this roadmap is set to ignite innovation, foster entrepreneurship, and drive economic growth across the nation.

The Monetary Authority of Singapore (MAS) has on Monday launched COSMIC, the first centralized digital platform to facilitate sharing of customer information among financial institutions (FIs) to combat money laundering (ML), terrorism financing (TF) and proliferation financing (PF) globally.

Ailytics, a Singapore-based business to business (B2B) heavy industry software startup, has successfully secured its oversubscribed Pre-A funding of $2.7 milllion, led by Singapore-based venture capital firm, Tin Men Capital.

FinDoc Sdn Bhd (FinDoc), a Malaysia-based FinTech startup, has announced a strategic partnership with CTOS Data Systems Sdn Bhd (CTOS), a Malaysia-based credit reporting agency, to offer artificial intelligence (AI)-enhanced ID verification in loan eligibility screening.