TechNode Global Staff
Malaysia’s Bank Islam chooses AWS as preferred cloud provider to power digital transformation
Amazon Web Services (AWS), an Amazon.com company, announced Monday that Bank Islam, Malaysia’s first listed Islamic financial services institution, has selected AWS as its preferred cloud provider to power its digital transformation.
Singapore’s 99 Group raises $52M Series C to expand in Southeast Asia
99 Group, a Singapore-based online property platform, has raised $52 million in a Series C round led by Gaw Capital Partners, more than doubles its total capital raised to over $80 million. This includes $37 million which is completed at the first close and a further $15 million to be raised over coming months, of which majority has already been committed.
Singapore’s Insignia Ventures raises $516M for third fund
Singapore-based venture capital firm Insignia Ventures Partners announced Monday the close of its latest funds totalling $516 million. This includes $388 million for the main fund IVPF III, $28 million for an Entrepreneurs’ pool that invests alongside the main fund and Annex Fund I at $100 million. These funds will focus on early-stage technology…
Pakistan’s DealCart secures $4.5M funding led by Shorooq Partners
Pakistan-based social commerce platform DealCart announced Thursday that it has raised a $4.5 million pre-seed funding round led by Shorooq Partners. The round also saw participation from Fatima Gobi Ventures, Vibe Capital, 500 Global, i2i Ventures, Julian Shapiro, Rally Cap Ventures, Alex Lazarow, and several strategic angel investors.
Stripe and Saison Capital team up on new insights programme for Southeast Asia’s startups
Singapore-based venture capital firm Saison Capital will be introducing to its portfolio companies a new insights program in collaboration with Stripe, a United States and Ireland-based financial infrastructure platform for businesses.
Malaysia’s AirAsia, UK’s Skyports seal partnership to explore air taxi in Malaysia
Skyports Infrastructure, the United Kingdom-based advanced air mobility (AAM) infrastructure developer, and AirAsia’s Advanced Air Mobility, a dedicated unit of Malaysia's AirAsia Aviation Group Limited (the aviation arm of Capital A), have signed a letter of tntent (LoI) to explore the development of air taxi infrastructure in Malaysia.
Singapore’s Circles Global acquires Pareteum to accelerate growth in global digital telco SaaS market
Singapore telco Circles Global announced Thursday it has completed the acquisition of the Mobile Virtual Network Enabler (MVNE) business of Pareteum, a US-based cloud software communications platform company with operations in multiple regions around the world.
Philippines Packworks raises $2M seed round led by Fast Group and CVC Capital Partners
Philippines technology startup Packworks said Thursday it has raised $2 million seed round to launch mobile enterprise resource planning (ERP) platform for 150,000+ Sari-Sari store-partners in the Philippines. The seed round is led by leading end-to-end logistics group Fast Group and global private equity firm CVC Capital Partners, with participation from…
Singapore’s Helicap lists private credit fund on ADDX
Helicap Investments has listed its flagship fund, Helicap Fund I, on the private market exchange ADDX to improve financial inclusion for underserved individuals as well as micro- to small- and medium-sized enterprises in Southeast Asia, and to empower partner institutions to transform the way consumers and SMEs access credit.
Singapore’s SDAX launches integrated digital investment and trading platform
SDAX, a Singapore-based integrated digital investment and trading platform regulated by the Monetary Authority of Singapore (MAS), has official launched. SDAX offers access to curated institutional-grade investments focusing on real estate and environmental, social, and governance (ESG) to institutional, accredited and retail investors.
