News
PT Energi Selalu Baru secures strategic investments from LX Ventures, SAIC Capital in pre-series A fundraising round
PT Energi Selalu Baru (ESB), a electric vehicle (EV) subsidiary of PT NFC Indonesia Tbk (NFCX), MCASH Group, has garnered substantial investments from LX Ventures and SAIC Capital during its pre-Series A funding round.
Hubject partners Gentari to streamline EV charging across Southeast Asia
Hubject, the Germany-based electric vehicle (EV) firm, has partnered Gentari Green Mobility Sdn Bhd, the wholly-owned subsidiary of clean energy solutions provider Gentari Sdn Bhd (Gentari), to streamline electric vehicle (EV) charging across Southeast Asia.
Suzuki launches $40M fund in India to support social entrepreneurs
Suzuki Motor Corporation has launched $40 million fund in India to support social entrepreneurs.
Tracxn : SEA FinTech startups funding drops 25 percent in first half
Total funding into Southeast Asia (SEA) FinTech startups fell 25 percent to $899 million in the first half of 2024 from $1.2 billion a year ago, Tracxn said Friday.
Pakistan’s DealCart raises $3M in seed funding round led by Shorooq Partners and Sturgeon Capital
DealCart, a Pakistan-based social e-commerce startup, has successfully raised $3 million seed in a funding round led by Shorooq Partners and Sturgeon Capital. The round also saw participation from 500 Global, Evolution VC, Rayn Capital, and Khyber Venture Partners.
Capital A’s digital edtech venture airasia academy rebrands as Outclass
Airasia academy, the digital edtech venture of Malaysia-based Capital A, has rebranded as Outclass, a next-generation learning experience platform designed to empower individuals to thrive in today’s dynamic workforce landscape.
Teleport, MJets Air strengthen collaboration with new interline partnership to enhance cargo operations
Malaysia's cargo solution provider MJets Air Sdn Bhd and logistics firm Teleport Everywhere Pte Ltd (Singapore) (Teleport) have strengthened collaboration with new interline partnership to enhance cargo operations.
CBC-Backed Hasten Biopharmaceutical acquires 14 Celltrion Legacy products
Singapore-based healthcare-dedicated asset management firm CBC Group announced that its controlled portfolio company, Hasten Biopharmaceutical (Hasten), an innovation-driven biopharmaceutical company, has successfully acquired the asset rights of 14 branded products across Pan-Asia countries and regions from Celltrion, a South Korean biopharmaceutical…
Malaysia’s pitchIN launches the pitchIN Secondary Trading Market
PitchIN, Malaysia’s digital fundraising and investmenthub, has on Wednesday announced that it is launching PSTX, the pitchIN Secondary Trading Market. PSTX is Malaysia’s first ever equity crowdfunding (ECF) secondary market.
China’s BYD opens EV factory in Thailand, first in Southeast Asia – report
In May, it was reported that BYD plans to build an automotive assembly plant in Indonesia’s West Java, with groundbreaking scheduled for July.
