TNGlobal Staff

Prep, a Vietnam-based language learning and test preparation platform, announced Friday that it has raised $7 million in Series A funding co-led by Cercano Management Asia and Northstar Ventures.

The International Finance Corporation (IFC)has on Thursday announced an investment of $6 million in Midas, a digital brokerage company in Türkiye, to accelerate digitalization in the country's brokerage industry, strengthen its competitiveness, and empower people to protect their wealth.

Fano Labs, the Hong Kong provider of performance language artificial intelligence (AI) solutions, has on Thursday announced the successful closure of its Series B round. Openspace Ventures, a venture capital firm in Southeast Asia, led the investment round, with participation from HSBC and Greater Good Investment, the family office of Mr. and Mrs. Kenneth…

Avaada Energy, the renewable energy arm of India-based Avaada Group, has announced the successful closure of INR 4,471 crore ($535 million) of refinancing from the state-owned lender, the National Bank for Financing Infrastructure and Development (NaBFID).

American technology firm Microsoft has on Thursday announced that it will invest $2.2 billion over the next four years to support Malaysia’s digital transformation – the single largest investment in its 32-year history in the country.

Direct Lending, a Malaysian digital lending platform, has on Thursday announced its partnership with Malaysian automotive firm Tan Chong Motor Holdings Berhad, to introduce a Shariah-compliant, fully digital auto service financing plan at their Nissan Service Centers nationwide.

Touchstone Partners is leading a $720,000 seed round in Happynest, a Vietnam-based home and living community and social-commerce platform for housing. This investment will help Happynest grow their community and expand their product offerings.

American technology firm Microsoft said Wednesday it will open a new data center region in Thailand. The data center region will expand the availability of Microsoft’s hyperscale cloud services, facilitating enterprise-grade reliability, performance, and compliance with data residency and privacy standards.

Blaize, a global artificial intelligence (AI) computing firm, has on Monday announced it has raised $106 million from investors including Singapore state investment firm Temasek.

Flourish Ventures, a global early-stage venture capital firm, has on Monday announced the appointment of Ravi Kaushik as Executive Director, Head of Asia Investments. Kaushik will lead the global firm's fintech investments and portfolio management in India and Southeast Asia.