Author: TechNode Global Staff
Temasek leads $140M India’s Ola Electric funding at $5.4B valuation – report
The investment round has been closed and Ola will be receiving the funds within a week's time, though there will be another round of fund raising before it files papers for an up to $1 billion IPO planned for late 2023, said the first source, according to the report.
Indonesia’s automotive aftermarket startup Otoklix reports 2x annual growth, targets to hit profitability in a year’s time
Otoklix is also gearing up to be a first-mover in Indonesia’s electric vehicle aftermarket, with a focus on outfitting and educating workshop teams to service electric motorbikes. The startup has also entered into a strategic partnership with Indonesia’s state-owned oil and natural gas corporation Pertamina to reestablish the Bright Olimart service chains…
Tencent Cloud says international business posts strong growth
In the first half of 2023, international business posted double digit revenue growth, with particularly strong performances in Japan, Singapore, Malaysia, Indonesia, Europe, and the Middle East.
HashKey Exchange & OneInfinity by OneDegree sign MoU to collaborate on digital wallet insurance & strengthen investor protection
This partnership aims to strengthen investor protection in the digital asset space while supporting the development of Hong Kong’s digital asset market with advanced tech-enabled solutions.
ORZON Ventures invests in SLEEK EV, aims to revolutionize electric mobility in Southeast Asia
This strategic investment will fuel SLEEK EV's mission to accelerate the transition of 2-wheelers in Southeast Asia to electric.
Korean Air selects NASDAQ-listed satellite communications firm Viasat’s inflight broadband service
Under the agreement, the Korean flag carrier has selected Viasat’s inflight broadband solution for its upcoming fleet of Airbus A321neo aircraft.
500 Global closes $143M across early-stage & growth vehicles for Southeast Asia; ropes in Khazanah, KWAP & EPF as LPs
Limited partners (LPs) across its early-stage and growth investment vehicles include a sovereign wealth fund, public and private pension funds like Khazanah Nasional Bhd, Kumpulan Wang Persaraan (Diperbadankan) [KWAP], and Employees Provident Fund (EPF).
Singapore’s talent recruitment firm Glints’ revenue hits record highs; up 85% y-o-y, gross profits up 110%
Glints announced in December last year it is reducing its team size and retrenching some of its staff.
Josys raises $93M Series B to drive expansion & revolutionize global IT operations
Global Brain and Globis Capital Partners led the latest infusion of capital, bringing its total funding to $125 million.
India’s IndoSpace raises additional $150M investment led by Qatar Investment Authority, Grosvenor’s Diversified Property Investments
IndoSpace, the largest investor, developer, and operator of grade A industrial and logistics real estate in India, has announced the successful completion of its second round of fundraising for IndoSpace Logistics Parks IV (ILP IV), securing an additional USD 150 million in investment.
