Author: TechNode Global Staff
Indonesia’s manufacturing platform Manuva raises $8M from Tin Men Capital & others
Tin Men Capital, a Singapore-based venture capital firm which focuses on Southeast Asian B2B tech startups has invested $3 million in the total $8 million financing raised by Manuva.
Regional InsurTech firm Igloo expands Thailand operations to support country’s $32B insurance industry
Igloo has appointed John Chen as Country Manager, Igloo Thailand. In his new role, Chen will spearhead the growth and operations of Igloo in the market, in addition to establishing more strategic partnerships and delivering an expanded range of insurance products to Thai consumers.
Singapore Computer Society unveils 3rd edition of Singapore 100 Women in Tech (SG100WIT) List
The Singapore 100 Women in Tech (SG100WIT) 2023 is the third edition, and it received a total of 800 nominations – an increase of almost one-third from the 2021 edition, signalling the growing recognition and value that women bring to the tech sector.
Norway sovereign fund closes Shanghai’s office, Singapore office to serve as regional hub
The sovereign fund said its investments in China remain unchanged and the decision is driven by operational considerations and does not affect the fund’s investment strategy or its investments in China.
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.
