TechNode Global Staff

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 funds will be used for expanding the firm's hybrid model, Dinerium.

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 asset initiatives in the Middle East. The duo have entered into a strategic partnership to collaborate on the fund, which is to be established by Wemade.

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 SGD 1.6 billion ($1.21 billion). Together with the acquisition of additional stake in Singlife from Aviva Group, Singlife is expected to become a subsidiary of Sumitomo Life.

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 of Japan’s leading payment service providers. The private equity funds managed by Blackstone have entered into a definitive agreement to acquire the stake with Sony Bank, a…

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 sustainable energy projects within Sime Darby Property’s Township developments.

Bursa Malaysia partners RAM Holdings to launch new debt fundraising platform

Bursa Malaysia Berhad and RAM Holdings Berhad, have through a joint venture entity, Bursa Malaysia RAM Capital Sdn Bhd (formerly known as BM RAM Capital Sdn Bhd), on Friday launched a debt fundraising platform. The platform is an alternative fund-raising avenue strategically designed to facilitate listed and unlisted small to mid-sized companies with…

Singapore’s ComfortDelGro acquires Australian taxi operator A2B for $123M

Singapore-listed transportation firm ComfortDelGro Corporation Limited has on Friday announced that it has acquired taxi operator A2B Australia Limited (A2B)for AUD 182 million ($123.35 million). ComfortDelGro's wholly owned subsidiary ComfortDelGro Corporation Australia Pty Ltd has entered into a binding scheme implementation agreement (SIA) to acquire all…

Softbank-backed Riiid acquires South Korean edtech firm Qualson

Riiid Inc., a Softbank Vision Fund-backed artificial intelligence (AI) education technology company, announced Thursday the acquisition of Qualson Co Ltd., a leading English language learning and content provider based in South Korea.

Japan’s Mercuria partners Singapore’s OCBC to launch sustainability fund in Asean

Japan-based investment firm Mercuria Holdings Co., Ltd. has partnered Singapore financial services group Overseas-Chinese Banking Corporation Limited (OCBC) to launch a fund to finance sustainability projects in ASEAN.

Tencent Cloud unveils latest AI solutions in Malaysia

Tencent Cloud, the cloud business of Chinese tech company Tencent, has unveiled its latest artificial intelligence (AI) and media solutions to local partners at Inaugural Tencent Cloud Day in Malaysia. The move solidifies the company’s commitment to driving innovation in the industry.