Author: TechNode Global Staff

Cradle Fund Sdn. Bhd. (Cradle), the government agency for Malaysia’s startup ecosystem, and Invest India, an investment promotion and facilitation agency under the Government of India, have formed a strategic alliance to strengthen startup ecosystems in both nations.

Malaysia remains as the key data center growth market in ASEAN, with a steady stream of corporate announcements and new regulations, Macquarie said in recent note.

OneDegree, the Hong Kong-based licensed insurer for digital assets, has inked a deal with Walaa Cooperative Insurance Company, an insurance and reinsurance company in the Kingdom of Saudi Arabia, to support OneDegree as a reinsurer for its market-leading digital asset products globally.

Malaysian clean energy company Solarvest Holdings Berhad has secured a MYR 113 million ($25.87 million) engineering, procurement, construction, and commissioning (EPCC) contract to construct a solar farm from P Solar Sdn Bhd.

BillEase, a digital consumer finance platform based in the Philippines, has on Tuesday announced TPG's The Rise Fund has signed definitive documentation to lead a significant strategic investment in the company.

Singapore Telecommunications Limited (Singtel) and GMI Cloud, an United States-based artificial intelligence (AI)-native GPU cloud platform, have announced a strategic collaboration to expand GPU capacity by combining both companies' GPU resources and infrastructure, democratizing the availability of high-powered computing for enterprises.

Malaysia’s independent investment bank, Kenanga Investment Bank Berhad (Kenanga Group) announced Monday that it has acquired 8 percent stake in Singaporean fintech firm Helicap Pte Ltd.

Singapore Telecommunications Limited (Singtel) and Nscale, a fully vertically integrated artificial intelligence firm AI cloud platform, have announced a strategic partnership that will unlock both companies’ GPU capacity across Europe and Southeast Asia.

Tokyo Stock Exchange, Inc. (TSE) has announced the additional partners for its TSE Asia Startup Hub, which was launched on March 25, with the aim of building an ecosystem that supports the growth of promising Asian startups.

Validus, a digital small and medium-sized enterprise (SME) lending platform headquartered in Singapore, has on Monday announced the establishment of a debt facility of up to $50 million from HSBC under the ASEAN Growth Fund strategy. The funding is aimed to support financial inclusion for micro, small and medium enterprises (MSMEs) in Indonesia, addressing…