News
1982 Ventures-backed Yarken secures funding from Betatron, Tenity VC for global expansion
Yarken, the 1982 Ventures-backed artificial intelligence (AI)-native platform for IT Financial Management (ITFM) and FinOps, has announced an investment led by Betatron Venture Group and Tenity VC to fuel its aggressive global expansion.
IFC provides up to $350M financing to Indonesia’s broadband player Linknet
The International Finance Corporation (IFC), a member of the World Bank Group focused on the private sector, is providing a financing package of up to a $350 million in Indonesian Rupiah equivalent to support PT Link Net Tbk (Linknet), a wholesale fixed broadband infrastructure provider in Indonesia, to support its nationwide expansion of high-speed…
Malaysia steps up push into IC design, advanced packaging and other high-value technologies
The Ministry of Science, Technology and Innovation (Mosti), through Mimos Bhd, is sharpening its focus on integrated circuit (IC) design, advanced packaging and other high-value technologies as Malaysia pushes to deepen its role in the semiconductor value chain.
Fasanara and IFC launch new strategy to expand access to finance for MSMEs in emerging markets
Global fintech firm Fasanara Capital and the International Finance Corporation (IFC), a member of the World Bank Group, have announced plans to create a pioneering lending strategy aimed at helping micro, small, and medium-sized enterprises (MSMEs) in emerging markets access the capital they need to grow, especially businesses led or owned by women.
Indosat Ooredoo Hutchison sets up Security Command Center in Indonesia with Cisco
Indosat Ooredoo Hutchison (Indosat), has officially launched its Security Command Center (SCC) in Jakarta, marking a significant leap forward for Indonesia’s digital resilience as artificial intelligence (AI) rapidly transforms the threat landscape.
Sea’s revenue rises 36.4 percent year on year in 2025
Singapore-based tech giant Sea saw its revenue jump 36.4 percent year on year to $22.9 billion in 2025, with gross profit growing 42.2 percent year-on-year to $10.2 billion.
Malaysia’s Carsome delivers $23M EBITDA in FY2025, 16% gross profit growth
CARSOME Group Inc. reported FY2025 EBITDA of $23 million, more than doubling year-on-year, reflecting continued margin expansion and cost discipline across its core markets.
Malaysia’s Aonic secures $10M to take home-grown drone technology global
The Series A funding round is led by Kairous Capital, a regional private equity and venture capital firm backed by Jelawang Capital, Malaysia’s National Fund-of-Funds through its Emerging Fund Managers’ Program.
Singapore-based Open Campus, Vietnam’s L&A and SKALE pilot credential-based job matching
Open Campus, a Singapore-based decentralized autonomous organization (DAO) focused on blockchain applications in education, will collaborate with Vietnam’s Le & Associates (L&A) and SKALE to pilot a credential-powered job matching initiative in Vietnam.
Gobi Partners invests in Cortical Labs, expands biological computing hub
Asia-focused venture capital firm Gobi Partners has invested in Cortical Labs, a biotechnology company developing computing systems that combine living human neurons with silicon hardware.
