Author: TechNode Global Staff
Thailand’s NIA and Maejo University showcase ten AgBioTech-powered startups at AgBioTech Incubation 2023 Demo Day
Thailand public organization National Innovation Agency (NIA) and Maejo University have showcased ten AgBioTech-powered startups that are poised to revolutionize agriculture at AgBioTech Incubation 2023 Demo Day. The ten startup teams participating in the AgBioTech Incubation 2023 program constitute a diverse and dynamic cohort that are poised to catalyze…
India’s Ola Electric raises $384M in equity and debt round led by Temasek, State Bank of India
Ola Electric, an India-based electric vehicle (EV) company, has on Thursday announced the successful closure of INR 3,200 Crores ($384.4 million) funding as a part of its equity and debt round raised from Temasek led marquee investors and project debt from State Bank of India respectively.
Bukalapak’s 3Q revenue up 29 percent on year, on track for profitability by year end
Indonesia-based technology firm Bukalapak announced Friday that its revenue grew 29 percent year-over-year to IDR 1.16 trillion ($72.79 million) in the third quarter ended September 30, 2023, underpinned by marketplace segment. The group's adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) improved by 71 percent year-over-year…
Singapore’s Drive lah raises $5 million in funding led by ComfortDelGro
Singapore-based marketplace for car-sharing Drive lah has successfully secured a $5 million investment round. Singapore-based transport firm ComfortDelGro (CDG) has invested $2 million, establishing them as the lead investor for this round and the preferred fleet partner for Drive lah.
Indonesia’s J&T Express makes HKEX debut, raises $450M from global offering
J&T Global Express Limited (J&T Express), a global logistics service provider, has officially listed on the Main Board of the Hong Kong Stock Exchange on Friday under the stock code “1519”. The public offer price was HK$ 12 ($1.53) per offer Share, with net proceeds from the global offering amounting to HK$ 3.53 billion ($450 million).
Singapore’s Mesh Bio attains regulatory approval for HealthVector Diabetes
Singapore-founded health technology startup Mesh Bio has announced the regulatory approval of its HealthVector® Diabetes as a Software Medical Device (SaMD) by the Health Sciences Authority (HSA). HealthVector® Diabetes will be involved in an implementation pilot at Singapore General Hospital (SGH), Tan Tock Seng Hospital (TTSH), and selected polyclinics…
DRB-HICOM invests in Carro’s auto fintech subsidiary Genie Malaysia
Edaran Otomobil Nasional Berhad (EON), a wholly-owned subsidiary of Malaysia-listed conglomerate DRB-HICOM, has made a strategic investment in Genie Malaysia, a subsidiary of Singapore-based online used car platform Carro.
Smart Communications dials into Google Cloud AI to help personalize digital services for Filipinos
Smart Communications, Inc. (Smart), the mobile services arm of PLDT Group, and Google Cloud have on Wednesday announced a collaboration to improve the accessibility of essential digital services for Filipinos, with Searce providing technical implementation support.
Infinaxis Data Centre Platform breaks ground on its inaugural data center in Cyberjaya
Infinaxis Data Centre Platform, a joint venture formed by a fund managed by Gaw Capital Partners and its partners, celebrated the groundbreaking on Wednesday as it officially marked the commencement of its first data center project ——Infinaxis Data Centre in the tech hub of Cyberjaya， Malaysia.
Nadia Omer takes the helm at airasia MOVE as Chief Executive Officer
Airasia MOVE (formerly airasia Superapp) has announced Nadia Omer as its new Chief Executive Officer effective October 26, 2023, taking the helm from Mohamad Hafidz Mohd Fadzil who served as airasia MOVE’s acting Chief Executive Officer since April this year.
