News

India’s candi solar secures $38M funding to accelerate clean energy expansion in India and South Africa

Candi solar, a clean energy company specializing in solar power solutions for commercial and industrial (C&I) clients, has on Monday announced the successful funding round, securing $38 million in equity investment.

Healthcare AI startup Anterior secures $20M in Series A funding led by New Enterprise Associates

Anterior, the Australia-based insurtech startup, has on Monday announced the completion of a $20 million Series A funding round. The funding round was led by New Enterprise Associates (NEA), with participation from Sequoia Capital, Blue Lion Global, and Neo.

Singapore’s Supermom projects 100 percent revenue growth in 2024 amid expansion plans

Supermom, the Singapore-based parenting data network, said Tuesday it is poised for a year of remarkable expansion, forecasting a 100 percent increase in revenue for 2024 and intensifying its presence across Southeast Asia, particularly Indonesia.

Primer bolsters China presence with strategic appointments to capture growing cross-border payments demand

Primer, a global fintech firm, has on Tuesday announced key strategic appointments to meet demand of Chinese businesses looking to capture a slice of the huge cross-border payments opportunity.

Malaysia’s Deemples raises $2M from V Ventures to fuel growth and market expansion

Malaysia's golf platform Deemples has announced a $2 million investment from Singapore based corporate venture capital firm — V Ventures, to drive its growth and enrich user experience.

Indonesia’s JULO on track to disperse $650M in 2024, launch neobank

JULO, an Indonesia-based digital financial services platform, announced Tuesday that it has achieved significant loan disbursement growth and on track to disburse more than $650 million in 2024.

Maybank Invest ASEAN: Brighter outlook for key ASEAN markets, spurred by AI boom, supply chain migration & green transition

According to Maybank IBG Research, the broadening global electronics demand, spurred by the AI boom, has supported a modest economic recovery in the first half of 2024 and is brightening the second half outlook for the ASEAN-6 markets (Malaysia, Singapore, Thailand,Indonesia, Vietnam and the Philippines).

XM Studios partners EMERGE to elevate collector experience

XM Studios, a Singapore-based design studio for luxury handcrafted art collectibles, has on Monday announced a strategic partnership with EMERGE Group, a leading martech firm specializing in commercialization solutions with a rich portfolio of notable intellectual property (IPs).

Y-combinator-backed fintech startup Elevate secures $5M to expand operations

Elevate, a Y-combinator-backed fintech startup headquartered in London and Dubai, has successfully raised $5 million in financing to expand its operations in the Philippines.