Author: Yimie Yong

The investment will be used for technology development, marketing, and working capital to further expand its business In Malaysia.

This ‘Super Angel’ round included leaders and executives from Islamic finance and fund management across various jurisdictions.

The Jakarta-based logistics unicorn is working with Bank of America Corp, China International Capital Corp and Morgan Stanley on the potential first-time share sale as soon as next year, Bloomberg reported, quoting people familiar with the matter.

The partnership between TPM and ScaleUp Malaysia will provide startups better access to government resources that include labs, infrastructure, and other facilities, as well as regulatory facilitation to advance innovation.

Through this strategic partnership, Alipay will provide Chope with its mini program Software-as-a-Service (SaaS) and know-how, while Chope becomes Alipay's platform partner with the capability to integrate a variety of mini programs quickly and flexibly.

Petronas’ collaboration with TM and SDP aims to provide homegrown startups with opportunities to gain insights from industry experts that will help them discover, nurture and scale deep technology innovations in the country.

Along with the rebranding, Lazada Logistics is also introducing multi-channel logistics (MCL) services, which provide a single stock fulfillment solution to help e-commerce enablers and brands fulfill across all e-commerce channels seamlessly.

The grant provides up to 2 million ringgit funding for eligible technology companies and technology accelerators.

The round also includes CMIA Capital Partners, M Venture Partners, as well as angels, Anand Swaminathan and Doug Parker.

The SPAC intends to focus on fast-growing technology companies in e-commerce, financial technology, insurance technology, digital health, digital media, and digital services.