News
Malaysia’s fintech firm Ascertain Group expands to Indonesia, Oman, India
Ascertain, a Malaysian financial technology and payments ecosystem provider, is expanding into Indonesia, Oman, and India, in order to exporting its homegrown financial infrastructure.
Thailand’s Amity Robotics raises $7M to expand AI concierge robots across Asia
Thailand-based Amity Robotics, a physical AI and robotics company building AI-powered experiences for the physical world, has closed a $7 million seed round combining equity and debt financing.
Singapore’s Acti raises $5.3M seed round to build AI-powered keyboard as personal context layer
Acti, a Singapore-based company describing itself as the world's first agentic keyboard, has raised $5.3 million in a seed round led by the United States-based BITKRAFT Ventures.
India’s Tata Communications to invest $152M in subsea cables linking India’s AI, Singapore
India's Tata Communications will make an strategic $152 million investment in subsea cable infrastructure to expand the India-Singapore digital corridor with an additional 98 terabits per second of AI-ready capacity,
NVIDIA aims to build Hanoi’s R&D center into world-class AI engineering hub
NVIDIA aims to develop its Vietnam Research and Development Center (VRDC) in Hanoi into a world-class AI engineering hub, contributing both to the company's global operations and to the innovation ecosystem in Vietnam and Southeast Asia.
Indonesia’s Nadiem Makarim, Gojek founder & former minister, found guilty of graft – report
An Indonesian court on Tuesday ruled that Nadiem Makarim, Co-Founder of tech giant Gojek and a former education minister, was guilty of corruption and sentenced him to 10 years in prison, Reuters reported. The verdict can still be appealed by either the prosecution or the defense, according to Jakarta Globe.id.
Singapore’s Biobot Surgical raises $15M to expand robotic prostate cancer platform into US market
Biobot Surgical, a Singapore-based medical technology company developing robotic-assisted systems for prostate cancer diagnosis and treatment, has secured S$20 million ($15.4 million) in its latest financing round led by ClavystBio in partnership with ZIG Ventures.
Singapore’s Qashier raises $6.1M Series A+ to expand merchant operating system across Southeast Asia
Singapore-based Qashier, a unified merchant operating system for Southeast Asia, has raised $6.125 million in a Series A+ financing round comprising equity and debt.
Malaysia launches national program to boost high value jobs
Malaysia is stepping up efforts to create more high-value jobs in advanced industries with the launch of the BAKAT MADANI initiative, a national program aimed at strengthening talent pipelines in semiconductors, renewable energy, the digital economy and advanced manufacturing.
MicroLEAP, CASB, HDC launch initiative for SME financing on government contracts
Malaysia's fintech firm microleap PLT, Commerce Access Sdn Bhd (CASB) and the Halal Development Corporation Berhad (HDC) have inked a strategic collaboration to help small and medium-sized enterprises (SMEs) access financing for government contracts.
